Virgin Media is to cut 900 jobs from its UK workforce over the next two years.
The cable TV company, owned by John Malone’s Liberty Global, did not reveal which parts of its operation would be affected.
“Over the last three years Virgin Media has been transformed,” said Tom Mockridge, the chief executive. “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 said that overall it was still in growth mode and expected the total number of people it employs, either directly or through partners in the UK and overseas, to rise from about 23,000 last year to more than 25,000 in 2016 and 26,000 in 2017.
Virgin Media employs 13,600 staff directly.
A major focus for the company is “project lightning”, its five-year plan to invest £3bn extending Virgin Media’s super-fast broadband network to 17m UK households and businesses.
