Virgin Mobile plans a job cut of 45 employees, counting for a 10% of its workforce, in California and New Jersey, in order to reduce it’s operating costs.
According to the operator the job cut reflects the acquisition of Helio and outsourcing of its information technology functions to IBM Corp.
Virgin Mobile USA Chief Executive Dan Schulman said the company is “well positioned to weather these tough times and build our business in 2009.”
He additionally said that the prepay cell phones attract the cost-conscious consumers.
Virgin Mobile USA’s John Feehan, chief financial officer, has decided to retain his position, after he was slated to leave the company.

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