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So what are all these people doing that are no longer needed?
Why don't they make pay rises simple e.g. RPI+3.9% like they have for customers. Seems fair.
Is there a union?
There's the CWU, but that's mainly for O2, VM doesn't recognise any union and most VM employees are not unionised.
The 2000 includes the 500 or so that finish this week.
VMO2 CEO Lutz Schuler, had to send out an email/ video message at 18:00 yesterday advising of the Telegraph story and also informing everyone of the new round of redundancies.
This was immediately after another video he sent apologising for the way they have handled the previous redundancies, which has been shambolic.
It really is amateur hour at VMO2.
Redundancies were always inevitable, that's the reason for the merger, cut duplication maximise synergies.
But the way it's being done, I feel embarrassed for him. I think the phrase that will be used next time he tries to get up front everyone is "he's lost the dressing room"
It's funny, on the VMO2 internal social media platform, it's all about "well being", "mental health", "look after each other" etc, etc, etc of course, us more experienced people know non of that matters when there's a bottom line.
What also doesn't look so great is that VMO2 drew down a £325M line of credit last month to pay it's shareholders.
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Re: John Malone/Liberty/VM General News Thread
Quote:
Originally Posted by Mr K
The role isn't redundant then if the work still exists.
Think that that applies if work is in UK , 0f cause if you are increasing your work force , you could offer posts in the far East to redundant UK workers bet it just produces even longer waiting time, that saves the most
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Generally, joint ventures don't last forever and eventually one party buys the other out or the joint venture is floated or sold. However, VM O2 has only been going a couple of years and there's probably more cost and cash to be taken out of the business. I would expect ownership to remain as is for three more years with Liberty more likely to exit the business than Telefonica.
However, I don't see why Verizon would want to buy the company nor do I think the news would come via Media Boy.
Verizon Communications Inc are interested in buying Virgin Media UK according to Media Boy on Twitter
Well Verizon's UK HQ is in Reading with Virgin Media's. Other than that, this news does seem to come out of left field but then again for instance I'm interested in world peace but that doesn't mean it's going to happen even if I'm interested in it. Maybe it's just a misunderstanding somewhere along the chain
They should investigate then for misleading Black Friday deals as well where they offer you a good deal on My Virgin Media page, send you the email confirming the new order and Order reference number and then try to deny they agreed the new deal at that price.
Thousands have been affected by this including myself.
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bet it just produces even longer waiting time, that saves the most
