The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Media Programming, broadcasting, news agency and other content distribution activities Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities
4,000 - 6,000 jobs Number of planned job losses
Announcement Date
7 May 2006
Employment effect (start)
Foreseen end date
Description
Cable TV broadcaster NTL is preparing to announce a shake-up which could result in thousands of job losses, according to newspaper reports. The Mail on Sunday said NTL was planning to cut 6,000 jobs and outsource its call centre operations. The Independent on Sunday, meanwhile, said 4,000 jobs at NTL would go. NTL is in the middle of revamping its operations after announcing takeover deals with smaller cable firm Telewest and telecoms group Virgin Mobile.
Sources
Citation
Eurofound (2006), NTL, Internal restructuring in United Kingdom, factsheet number 63449, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63449.
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