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Old 11-11-2008, 14:51   #1
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Virgin Media is to cut about 2,200 jobs by 2012.

Virgin Media is to cut about 2,200 jobs by 2012 as part of a cost-cutting drive.

The company, which employs about 14,600 staff, said that it intends to make most of the cuts between the fourth quarter next year and the end of 2010.

Virgin Media said that the cuts form part of an operational restructure "aimed at driving further improvements in operational performance and ensuring it offers the best possible products, services and value for money to its customers".

The company said that the restructure follows an "intensive period of review" that began earlier this year.

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

"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."

Virgin Media said decisions on what departments and locations will be affected are still to be finalised.

http://www.guardian.co.uk/media/2008...media-job-cuts

Info from Media Guardian.
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