
Lycamobile warns staff it could cut 90% of jobs - report
More than 300 jobs could be lost
More than 300 jobs could be lost
Company is also looking to resolve strike action taking place at Indian factory
Form part of company’s cost-saving plan ‘Step Up’
Company saw its stock price sink after results were published
Company due to post Q2 2024 results this week
Chip designer cuts chunk of its workforce
Jobs are set to be lost later this year
Around 750 jobs set to be lost
Cuts are part of the firm's T25 strategic plan