Tuesday, May 09, 2006
NTL post Q1 loss and announce 6,000 job cuts.
Bloomberg: NTL Plans 6,000 Job Cuts to Lower Costs, Reports Loss
NTL have bought Telewest Global Inc. and plan to cut 6,000 jobs in an effort to reduce costs. They announced the job losses as they posted a net loss of £119.9m in the first quarter.
Posted by brendan @ 11:09 AM (276 views) Add Comment
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