Virgin Media to cut 600 posts

Virgin Media is set to cut 600 posts, as part of a push to be more "agile and efficient" now it is part of Liberty Global.

Virgin Media: set to cut around four per cent of its workforce
Virgin Media: set to cut around four per cent of its workforce

The TV and telecoms company today announced plans to cut around four per cent of its workforce to its 15,000 staff today and has began a 90-day consultation process. Most of the affected roles are in senior and middle management.

Virgin Media was bought by the internet giant Liberty Global earlier this year in a £15 billion deal. The majority of roles affected are likely to be in departments such as finance, legal and HR, which are duplicated in Liberty Global's own structure.

It is understood that the cuts are unlikely to affect either Virgin Media's ad sales or marketing teams, although nothing has been finalised at this stage.

The cuts will not affect customer service positions, which are thought to make up around half of the total staff. Virgin Media has created a thousand extra customer service roles this year.

Tom Mockridge, the chief executive officer of Virgin Media, said: "Like organisations across the public and private sector, Virgin Media is making sure it has the structure it needs to meet the needs of its customers.

"These proposals are designed to take advantage of the opportunities that come with being part of the world's largest cable operator and create an organisation that's fit for growth."

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

BT Sport continues to invest in football line-up

BT Sport continues to invest in football line-up

BT Sport continues to invest in its football coverage ahead of the new Premier League season starting next month.

Share
Ex-Topshop CMO and Tunepics founder Justin Cooke on 'insanity' and Einstein

Ex-Topshop CMO and Tunepics founder Justin Cooke on 'insanity' and Einstein

"There's magic in insanity," claims Tunepics founder and former Topshop CMO Justin Cooke, in a video for Virgin Atlantic in which he also discusses the challenges of running a business.

Share
Clarification: Omnicom not late to the government review

Clarification: Omnicom not late to the government review

Campaign is pleased to clarify that Omnicom Media Group is on the government media buying shortlist and did not apply late to any part of the pitch process, handled by the Crown Commercial Service.

Share

Get news by email