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Old 19-09-2013, 13:33   #1
newapollo
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Virgin Media to cut 600 top and middle management posts

UK cable company set to reduce staff by about 4% as new US owner Liberty Global looks to make it more 'agile and efficient'

Virgin Media's customer-facing teams will not be affected by the programme of cuts.

http://www.theguardian.com/media/201...nagement-posts

Virgin Media is to cut 600 posts among its top and middle management, as US cable giant Liberty Global looks to make its new £15bn acquisition into a more "agile and efficient" business.


The UK cable company is understood to have informed its 15,000 staff on Thursday of a 90-day consultation period to cut about 4% of its headcount.


Liberty Global, which owns cable businesses across Europe and in central and South America, is stripping senior and middle management out of its new UK subsidiary to remove duplication of roles and cut costs.


It is understood that there are about 120 top-level senior and executive directors at Virgin Media, with the redundancy process set to reduce that number by 25%.


Virgin Media's customer-facing teams – including centre workers and engineers – will not be affected by the programme of cuts.


The cuts follow the appointment in May of new Virgin Media chief executive Tom Mockridge, the former head of News UK and Sky Italia, and longtime Liberty Global senior executive Dana Strong to chief operating officer in June.


"Like organisations across the public and private sector, Virgin Media is making sure it has the structure it needs to meet the needs of its customers," said Mockridge. "These proposals are designed to take advantage of the opportunities that come with being part of the world's largest cable operator and create an organisation that's fit for growth."
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