Ziggo to cut 20% of workforce

The merger of Dutch cable companies UPC Netherlands and Ziggo will result in around 900 workers losing their jobs according to daily the NL Times.

The companies currently employ a combined total of around 4,500 and about 20 per cent will become redundant, with service centre temp-workers looking most likely to be laid-off.

Ziggo shareholders have until November 4th to accept UPC parent Liberty Global’s offer and submit shares in order for the merger to go ahead.

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