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US Cable Giant Liberty Global buys Virgin Media
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Old 07-02-2013, 14:46   #256
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Re: US Cable Giant Liberty Global buys Virgin Media

As stated by myself & others here it all about the "money"
http://www.ft.com/cms/s/0/6e390f1a-7...#axzz2KDkCVvIR
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Old 07-02-2013, 15:50   #257
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Re: US Cable Giant Liberty Global buys Virgin Media

Quote:
Originally Posted by Stephen View Post

VM already are giving jobs UK people. Andrew Barren was at the Bellshill call Centre a few weeks ago and announced new jobs for the centre.
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Liberty and Virgin admitted the merger could lead to a small number of job losses.
http://www.mirror.co.uk/money/city-n...-quids-1590637
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Old 07-02-2013, 15:54   #258
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Re: US Cable Giant Liberty Global buys Virgin Media

A certain number of job losses are inevitable in any acquisition, but these are usually confined to head office functions that no longer need to be duplicated in both the acquiring and the acquired companies. That's not news.

What would be news would be if Liberty announced it had a radically different idea about how the VM business should be run and went about sacking service delivery staff in pursuit of that. But there seems to be no suggestion of that happening for the foreseeable future.
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Old 07-02-2013, 16:01   #259
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Re: US Cable Giant Liberty Global buys Virgin Media

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Originally Posted by Chris View Post
A certain number of job losses are inevitable in any acquisition, but these are usually confined to head office functions that no longer need to be duplicated in both the acquiring and the acquired companies. That's not news.

What would be news would be if Liberty announced it had a radically different idea about how the VM business should be run and went about sacking service delivery staff in pursuit of that. But there seems to be no suggestion of that happening for the foreseeable future.
Agree 100% Chris as you say that this is normally the case and we know the first to go is Neil
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Old 07-02-2013, 16:02   #260
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Re: US Cable Giant Liberty Global buys Virgin Media

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Agree 100% Chris as you say that this is normally the case and we know the first to go is Neil
By his choice though.
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Old 07-02-2013, 16:05   #261
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Re: US Cable Giant Liberty Global buys Virgin Media

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By his choice though.
How much money will it save off the wage bill though
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Old 07-02-2013, 16:08   #262
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Re: US Cable Giant Liberty Global buys Virgin Media

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Originally Posted by Stephen View Post
Are you still reading the press release from the day before regarding the talks or the one yesterday confirming the deal?

Nothing will change from a customer viewpoint, so there is nothing else for them to tell customers. VM will still be ran as it is now. For the forseeable future its BAU.

VM already are giving jobs UK people. Andrew Barren was at the Bellshill call Centre a few weeks ago and announced new jobs for the centre.
I think the Virgin Media HQ (Not the UK one) in the good old USA will close as part of this deal with Virgin Media new owners.
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Old 07-02-2013, 16:31   #263
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Re: US Cable Giant Liberty Global buys Virgin Media

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Originally Posted by devilincarnate View Post
How much money will it save off the wage bill though

My guess & its only that Not a penny
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Old 07-02-2013, 16:38   #264
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Re: US Cable Giant Liberty Global buys Virgin Media

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My guess & its only that Not a penny
Nice pay off of about £53 mill and a lot in shares, he could say that he would give it all back (like ffffffffffffffffffffffffff)
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Old 07-02-2013, 16:42   #265
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Re: US Cable Giant Liberty Global buys Virgin Media

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Originally Posted by devilincarnate View Post
Nice pay off of about £53 mill and a lot in shares, he could say that he would give it all back (like ffffffffffffffffffffffffff)
Personally think whatever he gets paid he's earned.
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Old 07-02-2013, 16:44   #266
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Re: US Cable Giant Liberty Global buys Virgin Media

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Personally think whatever he gets paid he's earned.
The Shareholders I am sure would agree with you. Hope you were in what I guess is a share saving scheme.
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Old 07-02-2013, 16:53   #267
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Re: US Cable Giant Liberty Global buys Virgin Media

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Originally Posted by Itshim View Post
The Shareholders I am sure would agree with you. Hope you were in what I guess is a share saving scheme.
Yes there is and there are about 4,300 staff in it from what I have read but could be more?
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Old 07-02-2013, 16:55   #268
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Re: US Cable Giant Liberty Global buys Virgin Media

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Originally Posted by devilincarnate View Post
Yes there is and there are about 4,300 staff in it from what I have read but could be more?

Good luck to them - I wonder if Carl had shares I do so miss his wit & sweet kind comments.
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Old 07-02-2013, 17:04   #269
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Re: US Cable Giant Liberty Global buys Virgin Media

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Good luck to them - I wonder if Carl had shares I do so miss his wit & sweet kind comments.
Now now Victor l never knew you was that close.
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Old 07-02-2013, 17:12   #270
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Re: US Cable Giant Liberty Global buys Virgin Media

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Now now Victor l never knew you was that close.
You have to admit he livened up this site. By the way have you tried to Google his name . It that really our old "friend". Tried mine - it was interesting - but not me !!. Glad to see I maintain a low profile
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