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Virgin Mobile trims 10 percent of workforce

Chris Ziegler

With acquisitions frequently come layoffs, and Virgin Mobile's submitting to that ages-old tradition today by announcing a workforce reduction of 45 folks in its New Jersey and California offices -- a total of about 10 percent of its 400-strong team. With the closure of the company's Helio buy, it makes sense that there'd be some redundancy, and indeed, the company cites Helio along with its transition to an IBM-contracted IT infrastructure as the justification for the layoffs. The move comes despite Virgin Mobile USA having post a strong quarter, so while Virgin appears to be in solid shape, they're making like most of corporate America and battening the hatches for a presumably brutal '09.

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