Feeds

NTL to wipe out 6,000 jobs

Cableco mum on reports

SANS - Survey on application security programs

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." ®

High performance access to file storage

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.