Cable Forum - View Single Post - Virgin Media is to cut about 2,200 jobs by 2012.

Chuck · 11-11-2008, 21:09

One thing to remember is that Virgin Media have huge debts they need to pay off, getting cash to borrow to pay back the debt will be really hard at the moment so I guess they have no choice.

I suppose it might mean the products stagnate for a while as they sweat what they have and try and save on development.

I have been through the redundancy thing and it isn't nice, but on the up side both my wife and I have better situations now, would never have left the old company without the push - try to stay positive even when it is hard!

11-11-2008, 21:09	#30
Chuck Inactive Join Date: Oct 2008 Services: Virgin TiVo and V+ XL Basic Phone 60mbps Broadband Posts: 47	Re: Virgin Media is to cut about 2,200 jobs by 2012. One thing to remember is that Virgin Media have huge debts they need to pay off, getting cash to borrow to pay back the debt will be really hard at the moment so I guess they have no choice. I suppose it might mean the products stagnate for a while as they sweat what they have and try and save on development. I have been through the redundancy thing and it isn't nice, but on the up side both my wife and I have better situations now, would never have left the old company without the push - try to stay positive even when it is hard!