Virgin Media, the cable company, announced plans to cut 2200 jobs by 2012 – 15 per cent of its workforce. Virgin Media’s real problem is its £4.3bn of debt which is never likely to be paid off by a reducing service. Part of a group wide overall, Virgin Media has said the cuts are "critical" in order for it to compete effectively. Virgin Media plans to cut around 2200 jobs by 2012 as part of a new company restructure, writes Reuters. Virgin Media says it expects to axe 2200 jobs by 2012. learning. Virgin Media Television, the content arm of the cable company, is restructure its marketing division. "He's got a very good people manner about him," Kenyon is quoted by Virgin Media as saying.
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