Virgin Media O2 to axe thousands of jobs
Yesterday, 12:03
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#1
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Grumpy Fecker
Join Date: Jul 2007
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Virgin Media O2 to axe thousands of jobs
Looks like i will be one of those as i will take voluntary redundancy should it be offered. I was expecting to retire next year anyway.
https://news.sky.com/story/virgin-me...ke-up-13606062
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Yesterday, 14:04
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#2
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CF Resident Dog
Join Date: Mar 2005
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Re: Virgin-media-o2-to-axe-thousands-of-jobs
Quote:
Originally Posted by Sirius
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How many years have you worked for VM on the same contract?
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Yesterday, 14:38
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#3
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Grumpy Fecker
Join Date: Jul 2007
Location: Warrington
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Re: Virgin-media-o2-to-axe-thousands-of-jobs
Quote:
Originally Posted by SnoopZ
How many years have you worked for VM on the same contract?
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Total time is 34 years however i was made redundant from NTL 21 years ago and then was hired back 12 months later and just made it back still on a NTL contract, therefor 20 years since. i will get a decent payout due to my job roll and pay scale should i be successful for voluntary redundancy 
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Yesterday, 15:05
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#4
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CF Resident Dog
Join Date: Mar 2005
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Re: Virgin-media-o2-to-axe-thousands-of-jobs
Quote:
Originally Posted by Sirius
Total time is 34 years however i was made redundant from NTL 21 years ago and then was hired back 12 months later and just made it back still on a NTL contract, therefor 20 years since. i will get a decent payout due to my job roll and pay scale should i be successful for voluntary redundancy |
If they make you redundant you're looking at a legal minimum of 1.5 weeks salary for every year(over the age of 40) and 1 weeks pay under 40 you have been there so works out pretty good for you especially if it's early 2027 you planned to retire.
Edit
Apparently the maximum total statutory redundancy pay you can receive is £22,530 I didn't realise it was capped, but I guess they may boost it for voluntary.
Last edited by SnoopZ; Yesterday at 15:11.
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Yesterday, 15:53
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#5
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cf.mega poster
Join Date: Dec 2003
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Re: Virgin-media-o2-to-axe-thousands-of-jobs
Just like the old days isn’t it Sirius? Every October you’d get put on 90days consulting period.
Makes me all nostalgic!
Always interesting to see where they intend to trim the fat.
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The wheel's still turning but the hamsters dead.
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Yesterday, 19:13
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#6
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Do I care what you think
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Re: Virgin Media O2 to axe thousands of jobs
Quote:
Originally Posted by Sirius
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I hope that you are lucky, but my head says that you. will be very lucky if they do.
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Yesterday, 21:30
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#7
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Grumpy Fecker
Join Date: Jul 2007
Location: Warrington
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Re: Virgin-media-o2-to-axe-thousands-of-jobs
Quote:
Originally Posted by SnoopZ
If they make you redundant you're looking at a legal minimum of 1.5 weeks salary for every year(over the age of 40) and 1 weeks pay under 40 you have been there so works out pretty good for you especially if it's early 2027 you planned to retire.
Edit
Apparently the maximum total statutory redundancy pay you can receive is £22,530 I didn't realise it was capped, but I guess they may boost it for voluntary.
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VM are very good, i will get 6 months plus other stuff based on length of service.
---------- Post added at 21:30 ---------- Previous post was at 21:29 ----------
Quote:
Originally Posted by Pierre
Just like the old days isn’t it Sirius? Every October you’d get put on 90days consulting period.
Makes me all nostalgic!
Always interesting to see where they intend to trim the fat.
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Indeed
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Do yourself a favour and ditch Microsoft and their Spyware infested OS
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Yesterday, 22:08
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#8
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CF Resident Dog
Join Date: Mar 2005
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Re: Virgin-media-o2-to-axe-thousands-of-jobs
Quote:
Originally Posted by Sirius
VM are very good, i will get 6 months plus other stuff based on length of service.
---------- Post added at 21:30 ---------- Previous post was at 21:29 ----------
Indeed
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Very nice it's perfect timing for you unless they screw you over when you want to take it.
Are they closing your whole office/division?
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Today, 08:55
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#9
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Grumpy Fecker
Join Date: Jul 2007
Location: Warrington
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Re: Virgin-media-o2-to-axe-thousands-of-jobs
Quote:
Originally Posted by SnoopZ
Very nice it's perfect timing for you unless they screw you over when you want to take it.
Are they closing your whole office/division?
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I don't know anymore than the press story, i think we will learn more next week
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Do yourself a favour and ditch Microsoft and their Spyware infested OS
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Today, 10:57
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#10
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vox populi vox dei
Join Date: Mar 2007
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Re: Virgin Media O2 to axe thousands of jobs
i remember the several rounds of redundancies, in my 17 years with ntl/virgin
when i look back i wish i had taken redundancy because as an ex employee i just don't think the company is worth the effort the workforce puts in
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