Virgin Media will cut up to 600 roles as part of a restructure following its acquisition by Liberty Global, but customer-facing roles will not be affected.
US cable company Liberty Global acquired Virgin Media for £15bn in February 2013 as part of its increased focus on Europe. The deal will lead to the creation of a powerful global communications company, covering 47 million homes and serving 25 million customers across 14 countries.
The cuts will primarily come in areas where there is duplication with Liberty Global. The positions being cut are mostly made up of senior and middle management. Customer-facing roles will not be affected.
“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 is fit for growth,” said Tom Mockridge, CEO at Virgin Media.