More cuts at Virgin Media.
07-12-2009, 17:10
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#31
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The Dark Satanic Mills
Join Date: Dec 2003
Location: floating in the ether
Posts: 12,985
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Re: More cuts at Virgin Media.
Quote:
Originally Posted by Horizon
VM has a new CFO (finance boss) and he's made clear there are lots more job cuts to come.
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Would you care to elaborate? I'm pretty well infomed and I've heard nothing. Yes we have a new CFO but I not heard anything about any large scale redundancies.
---------- Post added at 17:10 ---------- Previous post was at 17:03 ----------
Quote:
Originally Posted by Escapee
When I decided enough was enough and left the sorry state of a place in 2001, I would not have foreseen that the company could have got themselves into a bigger mess.
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With all due respect Escapee, you've banging on about how crap VM is for years, despite not having worked for them for 8 years.
Granted in 2001 it wasn't good, the telecoms crash, the acquisition of C&W. It's been tough for everyone in the years since, but now (I believe) the company has passed the bottom of the curve some time ago. The atmosphere within the business is better than I can ever remember.
It's not perfect, far from it, but the company is no where near as bad as it was at the start of the decade.
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The wheel's still turning but the hamsters dead.
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07-12-2009, 17:38
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#32
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Grumpy Fecker
Join Date: Jul 2007
Location: Warrington
Age: 65
Services: Every Weekend
Posts: 16,951
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Re: More cuts at Virgin Media.
Quote:
Originally Posted by Pierre
Would you care to elaborate? I'm pretty well infomed and I've heard nothing. Yes we have a new CFO but I not heard anything about any large scale redundancies.[COLOR="Silver"]
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Must admit i would like to see some evidence to backup that claim as well ???
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07-12-2009, 17:47
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#33
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cf.mega poster
Join Date: Jun 2003
Location: This Planet
Posts: 4,028
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Re: More cuts at Virgin Media.
Quote:
Originally Posted by Pierre
Would you care to elaborate? I'm pretty well infomed and I've heard nothing. Yes we have a new CFO but I not heard anything about any large scale redundancies.
---------- Post added at 17:10 ---------- Previous post was at 17:03 ----------
With all due respect Escapee, you've banging on about how crap VM is for years, despite not having worked for them for 8 years.
Granted in 2001 it wasn't good, the telecoms crash, the acquisition of C&W. It's been tough for everyone in the years since, but now (I believe) the company has passed the bottom of the curve some time ago. The atmosphere within the business is better than I can ever remember.
It's not perfect, far from it, but the company is no where near as bad as it was at the start of the decade.
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I was invited along and attended leaving drinks for one of the guys very recently, there was also at least one guy there waiting to find out if he would also be chosen for redundancy. I agree the numbers leaving are far lower these days, but I will not agree that morale is any better than it was when I left in 2001. (I guess it may depend on region)
I would say that morale is now a lot worse, and those who once considered they had a career now just consider they have a job. They are expecting redundancy to be just around the corner.
I do take my hat off to them for persistence, but also wonder why the capable ones have stuck it and keep taking the stress. I couldn't be doing with all the uncertainty and the regular 6 monthly re-orgs.
I guess a job there is a bit like being on death row.
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07-12-2009, 18:03
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#34
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The Dark Satanic Mills
Join Date: Dec 2003
Location: floating in the ether
Posts: 12,985
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Re: More cuts at Virgin Media.
[QUOTE=Escapee;34922828] those who once considered they had a career now just consider they have a job./[quote]
A very fair point, I must admit that "career" prospects in VM are not good. That said VM/NTL has always operated a flat management structure meaning that progressing up the managerial tree has always been difficult. They also have a terrible history of not promoting from within.
They are trying to address this by introducing a new career mapping program called pathfinder. Only time will tell if they are serious about this or just paying lip service.
That said, many in the current climate at this time of year will settle for a job at the moment, myself being one of them.
Quote:
They are expecting redundancy to be just around the corner.
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We have just been through the latest re-org and field engineering have been affected as have other areas of the business, but nothing like the scale of recent culls. At the moment at VM you're as safe as anywhere.
Quote:
I do take my hat off to them for persistence, but also wonder why the capable ones have stuck it and keep taking the stress. I couldn't be doing with all the uncertainty and the regular 6 monthly re-orgs.
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that's life
Quote:
I guess a job there is a bit like being on death row.
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In that case I've been on death row for 15years.
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The wheel's still turning but the hamsters dead.
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07-12-2009, 21:44
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#35
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cf.mega poster
Join Date: Jun 2003
Location: This Planet
Posts: 4,028
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Re: More cuts at Virgin Media.
[QUOTE=Pierre;34922847][QUOTE=Escapee;34922828] those who once considered they had a career now just consider they have a job./
Quote:
A very fair point, I must admit that "career" prospects in VM are not good. That said VM/NTL has always operated a flat management structure meaning that progressing up the managerial tree has always been difficult. They also have a terrible history of not promoting from within.
They are trying to address this by introducing a new career mapping program called pathfinder. Only time will tell if they are serious about this or just paying lip service.
That said, many in the current climate at this time of year will settle for a job at the moment, myself being one of them.
We have just been through the latest re-org and field engineering have been affected as have other areas of the business, but nothing like the scale of recent culls. At the moment at VM you're as safe as anywhere.
that's life
In that case I've been on death row for 15years.
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To be fair many companies are bad at promoting from within, the company I work for now has the same problem. Within the past 6 months they launched a scheme for engineers to progress into management or take the senior engineering route.
I do feel however this is just lip service, personally after lots of promises my recent annual appraisal was glowing. The reward is to be told that I will be reporting to some kid, in reality nothing changes. With the lack of RF Engineers, a good engineer will always be kept down at the expense of someone who can be promoted and their skills not missed.
My manager was very upset when I told him what I thought about it, only after 'big mouth' Escapee piped up did others follow.
As you say, time only tells when it comes to any firm in these sort of cases.
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07-12-2009, 22:25
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#36
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cf.mega poster
Join Date: Sep 2005
Posts: 6,798
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Re: More cuts at Virgin Media.
I have a brilliant idea, Why does'nt VM just close down altogether so that someone else can come in an buy it, if VM get rid of anybody else there won't be a company to run.
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07-12-2009, 22:31
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#37
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Inactive
Join Date: Jun 2003
Location: Belfast
Age: 49
Posts: 1,344
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Re: More cuts at Virgin Media.
While it is awful that 16 people are being made redundant I think you are being just a teeny tiny bit over the top.
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07-12-2009, 22:51
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#38
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cf.mega poster
Join Date: Sep 2005
Posts: 6,798
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Re: More cuts at Virgin Media.
if l am not wrong, wasn't it a couple of months ago that some call centres got closed down as well.
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07-12-2009, 22:53
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#39
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Guest
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Re: More cuts at Virgin Media.
What makes you think someone else running the HFC network and services can do it any better*?
*Same pricing structure etc
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08-12-2009, 22:12
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#40
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Inactive
Join Date: Aug 2005
Location: Scotland
Age: 43
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Re: More cuts at Virgin Media.
Quote:
Originally Posted by xocemp
What makes you think someone else running the HFC network and services can do it any better*?
*Same pricing structure etc
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becaus ehe hate virign media and it appaers to because there not got everything sky has and they dnt offer truly unlimited downlaod etc
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