You will be redirected back to your article in seconds

NTL likely to cut 5,000 from staff

World Brief

Staff at newly merged cabler NTL are bracing for up to 5,000 job losses as part of cuts to save £250 million ($462.5 million) a year.

NTL, soon to rebrand as Virgin TV following the merger with Telewest, is expected to announce the reductions to its 17,000-strong workforce today when it discloses first-quarter results.

Those affected are believed to be working at NTL’s head office, call center and marketing department.

It is likely some jobs will be outsourced to countries such as India, where labor costs are much lower.

NTL has $7.5 billion of debt.

More Scene

  • Channing Tatum on Taking Time Off,

    Channing Tatum Says He's Ready To Get Back to Work After Quiet Year

    Staff at newly merged cabler NTL are bracing for up to 5,000 job losses as part of cuts to save £250 million ($462.5 million) a year. NTL, soon to rebrand as Virgin TV following the merger with Telewest, is expected to announce the reductions to its 17,000-strong workforce today when it discloses first-quarter results. Those […]

  • Zendaya Wants To Do a 'Little

    Zendaya Wants To Do A 'Little Mermaid' Live Action: 'Why Wouldn't I?'

    Staff at newly merged cabler NTL are bracing for up to 5,000 job losses as part of cuts to save £250 million ($462.5 million) a year. NTL, soon to rebrand as Virgin TV following the merger with Telewest, is expected to announce the reductions to its 17,000-strong workforce today when it discloses first-quarter results. Those […]

  • Meryl Streep Wants Tracey Ullman to

    Meryl Streep Wants Tracey Ullman to Run for President

    Staff at newly merged cabler NTL are bracing for up to 5,000 job losses as part of cuts to save £250 million ($462.5 million) a year. NTL, soon to rebrand as Virgin TV following the merger with Telewest, is expected to announce the reductions to its 17,000-strong workforce today when it discloses first-quarter results. Those […]

  • Justin Theroux'Maniac' TV Show premiere, London,

    Justin Theroux Binge-Watched 'The Hills' While Making Netflix's 'Maniac'

    Staff at newly merged cabler NTL are bracing for up to 5,000 job losses as part of cuts to save £250 million ($462.5 million) a year. NTL, soon to rebrand as Virgin TV following the merger with Telewest, is expected to announce the reductions to its 17,000-strong workforce today when it discloses first-quarter results. Those […]

  • Jakob Dylan2018 Film Festival Opening Night

    LA Film Festival: Jakob Dylan Talks Music Documentary 'Echo in the Canyon'

    Staff at newly merged cabler NTL are bracing for up to 5,000 job losses as part of cuts to save £250 million ($462.5 million) a year. NTL, soon to rebrand as Virgin TV following the merger with Telewest, is expected to announce the reductions to its 17,000-strong workforce today when it discloses first-quarter results. Those […]

  • Mariska Hargitay Ice-T

    'Law & Order: SVU' Star Ice-T on #MeToo, Show's Relevance in 20th Season

    Staff at newly merged cabler NTL are bracing for up to 5,000 job losses as part of cuts to save £250 million ($462.5 million) a year. NTL, soon to rebrand as Virgin TV following the merger with Telewest, is expected to announce the reductions to its 17,000-strong workforce today when it discloses first-quarter results. Those […]

More From Our Brands

Access exclusive content