Feeds

NTL to wipe out 6,000 jobs

Cableco mum on reports

Boost IT visibility and business value

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." ®

Maximizing your infrastructure through virtualization

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
prev story

Whitepapers

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.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
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.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.