From My Understanding...
... Based on recent articles in the press over the past few weeks, the majority of jobs that will be at risk are in telesales - and the main aim for VM is to close sites and have less, bigger call centres and offices as since the merger nearly 2 years ago they ended up with double the office space and a lot of buildings that stand half empty or in some cases scarce!
It does seem like a big kick in the face for all the staff who have busted their bollocks since the merger to improve customer service and put their all in the company to improve its image etc
But I also agree that money needs to be saved so they can meet their debt repayments and dig themselves out of the huge debt hole they are currently in - its down to operator costs which is the main thing they are trying to reduce, but selling off buildings they own which are not full would be more benefical with minimum job cuts by relocating their staff and cutting the number of 'regional headends' which again reduces operating costs...
In some areas where ex Telewest and ex NTL where right next door, you now have the situation where there is 2 lots of offices, 2 regional headends (which deal with the TV side of things) both doing similar roles - guess time will tell what their plans are!
One thing is for sure, if they send more jobs to INDIA they will well and truely put the nail in the VIRGIN MEDIA COFFIN as people wont stand for anymore shite from cable!!!!!!