Skip to main content

Virgin Media To Cull 2200 Jobs by 2012

British Cable company Virgin has announced that it will be eliminating 2,200 jobs in the next three years as part of a restructuring process which should improve the prospects of the company.

The move should save the company up to £120 million a year. Most of the layoffs will be made when the global recession is expected to hit hardest - between Q3 2009 and Q4 2010.

Commenting on the announcement, Virgin Media chief executive, Neil Berkett, declared "These changes are critical to ensuring Virgin Media is positioned to compete effectively and deliver on our customers' changing expectations"

The company employs 14600 and was formed when Telewest joined forces with rival NTL back and subsequently changed its name to Virgin Media inc in November 2006.

Virgin Media operates is the only mainstream quad play telecoms company, offering mobile and landline telephony, broadband and television.

The company has just cosied up again with arch-rival Sky after a 20-month feud that saw Sky channels being dropped from the Virgin Media TV listing.

Virgin Media has not specified where the cuts would be operated within the company (although 1200 call centre staff are understood to be made redundant) and has left some to speculate that Virgin Media may be on the verge of selling its TV division in a bid to reduce its massive debt and concentrate on the more lucrative broadband and mobile business.

Related Links

Virgin Media to axe 2,200 jobs (opens in new tab)

Over 4,000 British jobs face axe (opens in new tab)

Virgin Media to cull 2200 jobs

Virgin Media to axe staff (opens in new tab)

Wikipedia entry for Virgin Media (opens in new tab)

Virgin Media plans 2,200 job cuts (opens in new tab)

Virgin Media to axe 2,200 jobs

Virgin Media To Cut Corners (opens in new tab)

Désiré has been musing and writing about technology during a career spanning four decades. He dabbled in website building and web hosting when DHTML and frames were en vogue and started writing about the impact of technology on society just before the start of the Y2K hysteria at the turn of the last millennium. Following an eight-year stint at ITProPortal.com where he discovered the joys of global tech-fests, Désiré now heads up TechRadar Pro. Previously he was a freelance technology journalist at Incisive Media, Breakthrough Publishing and Vnunet, and Business Magazine. He also launched and hosted the first Tech Radio Show on Radio Plus.