Around nine in 10 Lycamobile UK workers have been warned they may lose their jobs in a widespread restructuring effort, ...

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staff at the company's headquarters in the City of London were told that the business was facing “pretty serious challenges” and was planning to cut up to 316 jobs, leaving as few as 48 in the country ...

On Friday, staff at Lycamobile’s London headquarters were told the company was facing “generally serious challenges” and was planning to cut up to 316 jobs, with as few as 48 remaining in the UK.

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Lycamobile, which was founded by Allirajah Subaskaran, the British-Sri Lankan tycoon, could cut as many as 316 jobs in the run-up to Christmas. The move would result in 90pc of the company’s UK ...

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