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Technical News & Discussion => Broadband, Internet & General Computer News & Discussion => Topic started by: Rik on Nov 11, 2008, 15:52:31

Title: Virgin media planning 2,200 redundancies
Post by: Rik on Nov 11, 2008, 15:52:31
The BBC (http://news.bbc.co.uk/1/hi/business/7722644.stm) reports.

QuoteCable group Virgin Media has said it plans to cut 2,200 jobs by 2012, around 15% of its workforce, as part of a group-wide overhaul.

Virgin Media said the changes were "critical" to ensuring it was positioned to compete effectively.

The group said it would not start cutting jobs until the fourth quarter of next year.

The job losses come after 4,000 jobs were cut in the wake of NTL's merger with Telewest in 2005.

The latest redundancies are part of Virgin Media's planned cost savings of up to £120m ($186.4m) over the next four years.
Title: Re: Virgin media planning 2,200 redundancies
Post by: Inactive on Nov 11, 2008, 15:55:19
Virgin is run on a shoestring budget now, it will collapse with that amount of staff cuts.
Title: Re: Virgin media planning 2,200 redundancies
Post by: Rik on Nov 11, 2008, 16:02:48
That was my thought, In. Don't fancy being in a call centre queue. :(
Title: Re: Virgin media planning 2,200 redundancies
Post by: Simon on Nov 11, 2008, 17:08:21
Quote from: Rik on Nov 11, 2008, 16:02:48
That was my thought, In. Don't fancy being in a call centre queue. :(

Isn't that just it?  You cut staff, save wages, and make money out of call queues.  Simple!   ::)
Title: Re: Virgin media planning 2,200 redundancies
Post by: Rik on Nov 11, 2008, 17:10:51
The new business model: provide a poor service, make money from answering complaints. :(
Title: Re: Virgin media planning 2,200 redundancies
Post by: Simon on Nov 11, 2008, 17:21:12
...or not.   :eyebrow:
Title: Re: Virgin media planning 2,200 redundancies
Post by: kinmel on Nov 11, 2008, 17:23:14
Quote from: Rik on Nov 11, 2008, 17:10:51
The new business model: provide a poor service, make money from answering complaints. :(

Except the savvy ones run away and convince others to join us.
Title: Re: Virgin media planning 2,200 redundancies
Post by: Rik on Nov 11, 2008, 17:24:15
This is true - long live IDNet, all hail to Simon & Tim. ;D
Title: Re: Virgin media planning 2,200 redundancies
Post by: Simon on Nov 11, 2008, 17:27:52
:bow:
Title: Re: Virgin media planning 2,200 redundancies
Post by: Rik on Nov 11, 2008, 17:29:34
Quite right. :)