Liberty Global Plans to Cut Jobs, Sell Private Jet in Streamlining Drive, FT Says, Citing Unnamed Sources

Dow Jones07-25

-- Liberty Global has offered voluntary redundancy to around 800 of its 1,900 direct employees, the Financial Times reports, citing an unnamed source.

-- Liberty--which owns a 65% stake in electric motorsports championship Formula E-- it is also considering the sale of one of its two Dassault Falcon jets to cut costs, the FT adds.

-- A Liberty spokesperson told FT that the company is reshaping its internal structure so that its operating model is positioned for future growth and long-term success. Liberty declined to comment on plans to sell one of its jets.

Full story: https://tinyurl.com/33kt7z29

Write to Najat Kantouar at najat.kantouar@wsj.com

(END) Dow Jones Newswires

July 25, 2025 02:26 ET (06:26 GMT)

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