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Virgin Media is axing nearly 1,000 jobs – here’s why

It’s a grim Thursday morning for a sizable chunk of Virgin Media staff.

Virgin Media has announced plans to cut 900 jobs in the UK over the next two years.

It’s not clear exactly which parts of the organisation will bear the brunt of the cuts, however.

Virgin Media did reveal that some customer services roles would be affected, but final decisions on the matter have yet to be made.

Over the last three years Virgin Media has been transformed,” said Tom Mockridge, the company’s CEO. “We’re expanding, investing and growing our business.”

He continued: “The proposed reorganisation will give us an even sharper focus on the customer, network expansion and business growth.”

The restructuring also means that some employees will be moved to other roles within the company.

It’s also worth noting that Virgin Media actually hopes to grow its workforce to 25,000 in 2016, up front 23,000, with a view to employ 26,000 people by 2017.

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Virgin Media is one of the UK’s biggest telecommunications brands, providing fixed and mobile telephone, TV, and broadband internet services to both business and consumers.

The company – owned by Liberty Global plc since June 2013 – is headquartered in Hook, Hampshire in the UK.

In 2012, Virgin Media had just 14,000 employees, a number that has grown significantly in recent times.

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