Digital Trends
Leading UK cable group Virgin Media has announced plans to reduce its British workforce by 2,200 by 2012 as part of a planned cost savings of more than $186 million over the next four years. The company said no job cuts would happen before the fourth quarter of 2009, according to the BBC.
The company, which has just negotiated a deal to delay its debt repayments, says it will try to avoid redundancies and offer staff alternative positions wherever possible.
Chief executive Neil Berkett said:
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