Thread: Virgin Media is to cut about 2,200 jobs by 2012.
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Old 11-11-2008, 21:51   #31
higgsfield
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Join Date: Feb 2008
Location: London, England
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Re: Virgin Media is to cut about 2,200 jobs by 2012.
Quote:
Originally Posted by Chuck View Post
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.
It's not going to help them pay back debts if they start losing customers....
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