Broadband provider will make cuts over next two years as part of a group organisation
Up to 900 members of Virgin Media staff could lose their jobs as part of a company restructure, the broadband provider has announced.
The company has confirmed that up to 900 roles could be affected by the proposed changes in its operating structure. Virgin declined to disclose if this could impact its MVNO.
Virgin said that, despite the proposed job cuts, it still intends to continue investing in its network in the UK. It added that it will continue to recruit, with the number people it employs directly and with outsourced partners in the UK and overseas set to grow from around 23,000 in 2015 to more than 25,000 in 2016 and 26,000 in 2017.
Virgin Media CEO Tom Mockridge said: “Over the last three years Virgin Media has been transformed. We’re expanding, investing and growing our business. The proposed reorganisation will give us an even sharper focus on the customer, network expansion and business growth.”
Virgin Media currently employs 13,600 members of staff in the UK. It will now enter a consultation period with staff in potentially effected roles.
The broadband provider, which is owned by US-based broadband giant Liberty Global, is currently investing £3 billion in its fibre infrastructure development, Project Lightning.
The five year project will see Virgin’s network reach more than 17 million homes and businesses. As part of it, Virgin MEdia promised to create 6,000 new roles in the UK, including 1,000 new apprenticeships. Virgin Media said the proposed 900 job cuts will not impact this investment.
