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Virgin Media could make 900 redundancies
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Old 21-01-2016, 13:42   #1
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Virgin Media could make 900 redundancies

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‏Around 900 jobs are under threat at telecoms firm Virgin Media after it announced plans for a shake-up.

The group, owned by US giant Liberty Global, warned that the redundancies were likely over the next two years as it undergoes a structural shake-up.

Chief executive Tom Mockridge said: "The proposed reorganisation will give us an even sharper focus on the customer, network expansion and business growth."
http://news.sky.com/story/1627084/90...t-virgin-media
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Old 21-01-2016, 17:19   #2
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Re: Virgin Media could make 900 redundancies

It took long enough to come out. It was announced on Tuesday.

There are no specifics, quite annoying. It's pretty much were getting rid of 900 positions but we don't know where and we don't know when

So you can all worry for the next 24 months.

Very shabby IMO
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Old 21-01-2016, 17:38   #3
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Unhappy Re: Virgin Media could make 900 redundancies

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Originally Posted by Pierre View Post
It took long enough to come out. It was announced on Tuesday.

There are no specifics, quite annoying. It's pretty much were getting rid of 900 positions but we don't know where and we don't know when

So you can all worry for the next 24 months.

Very shabby IMO
Been through a couple of Consultations myself recently, its never good and always feels badly managed. Our place told one team before Christmas they were going to be in Consultation, got staff reps sorted and prepared a timeline. The when we came back after Christmas it was oh don't worry we have a plan B now. Makes you wonder who is charge,

I have a few mates at Port Talbot as well, I feel for everyone in Consultation. there are some good VM staffers on this forum.
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Old 21-01-2016, 18:12   #4
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Re: Virgin Media could make 900 redundancies

Not good for the staff that's for sure.
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Old 21-01-2016, 18:30   #5
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Re: Virgin Media could make 900 redundancies

I bet where ever the cuts are they won't cut the ming-mongs in India.
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Old 21-01-2016, 19:00   #6
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Re: Virgin Media could make 900 redundancies

The people in India don't work for VM so indeed not.
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Old 21-01-2016, 20:02   #7
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Re: Virgin Media could make 900 redundancies

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Originally Posted by heero_yuy View Post
I bet where ever the cuts are they won't cut the ming-mongs in India.
Read that back to yourself... Yeah... Now delete it!
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Old 21-01-2016, 21:41   #8
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Re: Virgin Media could make 900 redundancies

Time is a coming to give VM the heave-ho... four pound increase and staff redundant!

Need to be upgraded to better equipment (though the broadband will suffer in speed) the TV will have more programs (on the lowest tier due to unemployment) 100 meg... Phone... Still paying £50 a month! Need to haggle, and haggle and haggle what a life.
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Old 21-01-2016, 22:26   #9
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Re: Virgin Media could make 900 redundancies

we [local staff] had a discussion about this at our local vm office yesterday we think the company should ask all the employees if they want redundancy we think the answer might shock them .
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Old 21-01-2016, 22:32   #10
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Re: Virgin Media could make 900 redundancies

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Originally Posted by richard s View Post
Time is a coming to give VM the heave-ho... four pound increase and staff redundant!

Need to be upgraded to better equipment (though the broadband will suffer in speed) the TV will have more programs (on the lowest tier due to unemployment) 100 meg... Phone... Still paying £50 a month! Need to haggle, and haggle and haggle what a life.
One of the more bizarre posts I have read today.

Just FYI VM will, net, be sustaining more jobs than before thanks to Project Lightning.
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Old 21-01-2016, 23:12   #11
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Re: Virgin Media could make 900 redundancies

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Originally Posted by papa smurf View Post
we [local staff] had a discussion about this at our local vm office yesterday we think the company should ask all the employees if they want redundancy we think the answer might shock them .
This has happened several times recently Smurf. Many experienced people have walked.

The jobs market in telecoms is still buoyant, especially in the South. Around the M3, M4 corridors people are walking no problem and straight into another job.
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Old 21-01-2016, 23:48   #12
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Re: Virgin Media could make 900 redundancies

Share price down 40% over a 6 month period, Morgan Stanley has recently flagged the Liberty Global stock as being over valued citing Virgin Media as being uncompetitive, thus stock market needed a reaction, and redundancies made.........complete nonsense as its senior management's mismanagement that has caused this mess.

VM has put its eggs in one basket, thinking the number of customers that want 200mb broadband is greater than the number that want a good deal......far from the reality.

And I understand its a pretty miserable company to work for......personally I think Richard Branson is full of more hot air than one of his balloons.
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Old 22-01-2016, 00:45   #13
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Re: Virgin Media could make 900 redundancies

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Originally Posted by jungleguy View Post
Share price down 40% over a 6 month period, Morgan Stanley has recently flagged the Liberty Global stock as being over valued citing Virgin Media as being uncompetitive, thus stock market needed a reaction, and redundancies made.........complete nonsense as its senior management's mismanagement that has caused this mess.

VM has put its eggs in one basket, thinking the number of customers that want 200mb broadband is greater than the number that want a good deal......far from the reality.

And I understand its a pretty miserable company to work for......personally I think Richard Branson is full of more hot air than one of his balloons.
I'm really not sure how much Richard has to do with the management of VM, other than the ads......

Would be interesting to hear his view on how the brand is being damaged by the poor service through congestion/overselling/under capacity issues. You only have to look in the speed section of the VM Help forum. No shortage of angry customers there, including me.....
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Old 22-01-2016, 07:48   #14
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Re: Virgin Media could make 900 redundancies

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Originally Posted by jungleguy View Post
And I understand its a pretty miserable company to work for......personally I think Richard Branson is full of more hot air than one of his balloons.
Richard Branson has pretty much nothing to do with the company.

You understand wrong, they're a good company to work for..
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Old 22-01-2016, 09:05   #15
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Re: Virgin Media could make 900 redundancies

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You understand wrong, they're a good company to work for..


But for many of us, a rubbish firm to be a customer of......

Sorry this thread is way of topic now.
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