Virgin Media Puts 900 Jobs at Risk

Virgin Media has put 900 jobs at risk following an announcement regarding plans to restructure. US group, and Virgin Media owner, Liberty Global has warned redundancies were likely over the next two years. At the moment, it is unclear where the cuts could take place but consultations are ongoing.

CEO Tom Mockridge commented, “The proposed reorganisation will give us an even sharper focus on the customer, network expansion and business growth.”

Some of the affected employees will be moved to other roles as the company looks to expand in other areas.

Mr Mockridge insisted that the group was still “expanding, investing and growing”. It aims to increase its workforce of directly employed and outsourced staff from 23,000 last year to 25,000 in 2016, and 26,000 in 2017.

But some of the new roles will be outsourced to firms in the UK, across Europe and worldwide.

Virgin Media was formed by the merger in 2006 between cable groups Telewest and NTL and mobile operator Virgin Mobile. Liberty purchased the group for about £10bn in 2013.

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David Dungay

Editor - Comms Business Magazine