Virgin Media will shed up to 2,200 jobs in value-for-money drive
# Nov 11, 06:36 PM by Chris T
Virgin Media is set to shed up to 2,200 jobs in a drive to slash costs and increase efficiency. The bulk of the cuts will begin towards the end of next year and will continue throughout 2010.
The move is the result of a wide-ranging review launched by Virgin Media earlier this year.
The company aims to fully integrate the former NTL and Telewest halves of its business, and to combine them with Virgin Mobile which it acquired in 2006. It anticipates that the programme will not be complete until some time during 2012.
A spokesman said that the details of any changes were yet to be finalised and pledged there would be full consultation with employee representatives as the plan becomes clearer.
The aim was to avoid redundancies and to try to offer redeployment to those affected, wherever possible, he added.
Virgin Media CEO Neil Berkett said: “These changes are critical to ensuring Virgin Media is positioned to compete effectively and deliver on our customers’ changing expectations.
“Over the coming weeks and months, we will be developing more detailed proposals for their implementation. We recognise that this brings with it significant uncertainty for our people and the communities where they work. Throughout the process, we will be communicating as early and openly as we can.”