Feeds

NTL to wipe out 6,000 jobs

Cableco mum on reports

The essential guide to IT transformation

NTL has not denied weekend press reports that it's about to chop some 6,000 jobs as it seeks to make cash savings of £250m a year.

Reports claim that a third of the firm's estimated 17,000 workforce is to be stripped out, with call centres likely to be closed down and jobs outsourced overseas.

The number of engineers is also likely to be cut.

NTL is in the process of merging with Telewest to create a single giant cableco in the UK. It also has the task of bringing newly-acquired Virgin Mobile on board later this year.

No one should be surprised that NTL is to reduce its headcount. When NTL and Telewest announced plans to tie the knot last October, it quickly became clear that jobs would have to go.

Financial outfit UBS estimated at the time that as many as one in four of the 19,000 or so people employed by both companies could lose their jobs once the deal was completed. NTL even said there would be an "elimination of duplicated activities" - business speak for job cuts.

At the time, a spokeswoman for Telewest said that "while rationalisation is likely, it is really too early to get into the specifics as it's early days. The best people will be needed for the new company - the integration process will be rigorous and there will be opportunities for employees from both sides." ®

Next gen security for virtualised datacentres

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
prev story

Whitepapers

A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.