Dutch telco VodafoneZiggo is set to cut 400 jobs.

As reported by Nu.nl, the carrier confirmed the plans after reporting the loss of more than 40,000 customers in the first quarter of this year.

“To make this possible and ensure our long-term success, we are simplifying our organization and deploying our people and resources where they are needed most,” said a VodafoneZiggo spokesperson.

At present, VodafoneZiggo has around 7,000 employees.

Nu.nl reports that 200 of the cuts will be through natural attrition, noting that their contracts are temporary and set to end or will retire.

"We realize that this has a major impact on our employees," the company added to Nu.nl. "We are fully committed to supporting all those involved in a careful, respectful, and transparent manner."

Liberty Global and Vodafone formed VodafoneZiggo in 2016 by merging Vodafone Netherlands and Ziggo. The telco serves around six million mobile subscribers.

It was reported in January that Liberty Global was in talks with Vodafone to acquire the telco’s stake in their Dutch JV VodafoneZiggo.

Vodafone has sought to consolidate its operations across Europe in the last few years.

In January, the carrier finalized its exit from Italy with a sale of its Italian business to Swisscom.

The carrier has also recently completed a sale of its Spanish business to UK investment firm Zegona and is on track to merge with Three in the UK.