ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

The Future of the Business with Thompson & Williams?

Pay talks 2022 discussion, news, LTB's RMCtv and all BUSINESS RECOVERY, TRANSFORMATION AND GROWTH AGREEMENT chat
emu72
Posts: 100
Joined: 11 Feb 2011, 16:52
Gender: Male

Re: The Future of the Business with Thompson & Williams?

Post by emu72 »

if striking over Christmas hasn’t worked then whats the point now? rm will just say that it’s damaging the business and we will be out of pocket with more strike days.i know thompson wants us all to leave anyway.seems like whatever way we turn we’re hitting a wall
dazzler123
Posts: 469
Joined: 11 Oct 2021, 17:36
Gender: Male

Re: The Future of the Business with Thompson & Williams?

Post by dazzler123 »

But are the board incompetent or just sinister? i fail to see how you can drag a company down this much by accident
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: The Future of the Business with Thompson & Williams?

Post by k979aaa »

dazzler123 wrote:
18 Mar 2023, 18:25
But are the board incompetent or just sinister? i fail to see how you can drag a company down this much by accident
GREED
needadvice
MDEC
Posts: 244
Joined: 20 Jun 2012, 23:39
Gender: Female

Re: The Future of the Business with Thompson & Williams?

Post by needadvice »

There are only two options and there were only ever two options:
Agree to a bad deal and for many, look for a job elsewhere OR make sure the company burns into the ground and look for a job elsewhere...
walthmstowman
Posts: 513
Joined: 25 Sep 2022, 15:17
Gender: Male

Re: The Future of the Business with Thompson & Williams?

Post by walthmstowman »

norm wrote:
18 Mar 2023, 13:40
You forget the more important influence behind the scenes that is David Kretinsky the major shareholder of RM. He must have some bearing over what Thompson and Williams are doing.

Let's not forget the government gave him the green light to buy out the company as well if he wanted. He is obviously just biding his time at this point, until either the CWU are beaten into submission/irrelevance or RM go broke and he can split off GLS and make a killing on that.
One of my workmates told me last night the management have informed the union the company is only four months away from bankruptcy . Has anybody else heard this ? Personally , I wouldn't believe anything management said anymore .
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: The Future of the Business with Thompson & Williams?

Post by k979aaa »

walthmstowman wrote:
18 Mar 2023, 19:24
norm wrote:
18 Mar 2023, 13:40
You forget the more important influence behind the scenes that is David Kretinsky the major shareholder of RM. He must have some bearing over what Thompson and Williams are doing.

Let's not forget the government gave him the green light to buy out the company as well if he wanted. He is obviously just biding his time at this point, until either the CWU are beaten into submission/irrelevance or RM go broke and he can split off GLS and make a killing on that.
One of my workmates told me last night the management have informed the union the company is only four months away from bankruptcy . Has anybody else heard this ? Personally , I wouldn't believe anything management say's anymore .
£567 MILLION would have gone along way but they gave it away for their own bonuses!
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: The Future of the Business with Thompson & Williams?

Post by k979aaa »

k979aaa wrote:
18 Mar 2023, 19:28
walthmstowman wrote:
18 Mar 2023, 19:24
norm wrote:
18 Mar 2023, 13:40
You forget the more important influence behind the scenes that is David Kretinsky the major shareholder of RM. He must have some bearing over what Thompson and Williams are doing.

Let's not forget the government gave him the green light to buy out the company as well if he wanted. He is obviously just biding his time at this point, until either the CWU are beaten into submission/irrelevance or RM go broke and he can split off GLS and make a killing on that.
One of my workmates told me last night the management have informed the union the company is only four months away from bankruptcy . Has anybody else heard this ? Personally , I wouldn't believe anything management say's anymore .
£567 MILLION would have gone along way but they gave it away for their own bonuses!
Not even 10 years of privatisation sad but inevitable with the shower of s**t leading us all.
ANDREW CROCOMBE
Posts: 247
Joined: 06 Apr 2018, 18:36
Gender: Male

Re: The Future of the Business with Thompson & Williams?

Post by ANDREW CROCOMBE »

Look at the profits since being privatised, staggering. The amount given to bosses and shareholders, staggering. Every senior manager/CEO has caused problems for us, Crozier, Back, Greene, Leighton etc etc.The management of this great company MUST be looked at , but IF the company isn't renationalised, then (with shareholders) we have NO chance for a future. The pigs overfeed until they are slaughtered 🐖
TopperGas
Posts: 3273
Joined: 13 Feb 2021, 22:46
Gender: Male

Re: The Future of the Business with Thompson & Williams?

Post by TopperGas »

walthmstowman wrote:
18 Mar 2023, 19:24
norm wrote:
18 Mar 2023, 13:40
You forget the more important influence behind the scenes that is David Kretinsky the major shareholder of RM. He must have some bearing over what Thompson and Williams are doing.

Let's not forget the government gave him the green light to buy out the company as well if he wanted. He is obviously just biding his time at this point, until either the CWU are beaten into submission/irrelevance or RM go broke and he can split off GLS and make a killing on that.
One of my workmates told me last night the management have informed the union the company is only four months away from bankruptcy . Has anybody else heard this ? Personally , I wouldn't believe anything management said anymore .
I've heard it but no idea if that's true or not?
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: The Future of the Business with Thompson & Williams?

Post by k979aaa »

ANDREW CROCOMBE wrote:
18 Mar 2023, 19:47
Look at the profits since being privatised, staggering. The amount given to bosses and shareholders, staggering. Every senior manager/CEO has caused problems for us, Crozier, Back, Greene, Leighton etc etc.The management of this great company MUST be looked at , but IF the company isn't renationalised, then (with shareholders) we have NO chance for a future. The pigs overfeed until they are slaughtered 🐖
And what fat pigs we have!
TopperGas
Posts: 3273
Joined: 13 Feb 2021, 22:46
Gender: Male

Re: The Future of the Business with Thompson & Williams?

Post by TopperGas »

walthmstowman wrote:
18 Mar 2023, 19:24
norm wrote:
18 Mar 2023, 13:40
You forget the more important influence behind the scenes that is David Kretinsky the major shareholder of RM. He must have some bearing over what Thompson and Williams are doing.

Let's not forget the government gave him the green light to buy out the company as well if he wanted. He is obviously just biding his time at this point, until either the CWU are beaten into submission/irrelevance or RM go broke and he can split off GLS and make a killing on that.
One of my workmates told me last night the management have informed the union the company is only four months away from bankruptcy . Has anybody else heard this ? Personally , I wouldn't believe anything management said anymore .
I've heard it but no idea if that's true or not?
aiden01
MAIL CENTRES/PROCESSING
Posts: 7001
Joined: 27 Feb 2013, 21:43
Gender: Male

Re: The Future of the Business with Thompson & Williams?

Post by aiden01 »

walthmstowman wrote:
18 Mar 2023, 19:24
norm wrote:
18 Mar 2023, 13:40
You forget the more important influence behind the scenes that is David Kretinsky the major shareholder of RM. He must have some bearing over what Thompson and Williams are doing.

Let's not forget the government gave him the green light to buy out the company as well if he wanted. He is obviously just biding his time at this point, until either the CWU are beaten into submission/irrelevance or RM go broke and he can split off GLS and make a killing on that.
One of my workmates told me last night the management have informed the union the company is only four months away from bankruptcy . Has anybody else heard this ? Personally , I wouldn't believe anything management said anymore .
Have not only heard but told this by a pec member.
TopperGas
Posts: 3273
Joined: 13 Feb 2021, 22:46
Gender: Male

Re: The Future of the Business with Thompson & Williams?

Post by TopperGas »

The big question must be why T & W are trying to run the business to the ground, do they feel it's the correct route to take or is DK putting pressure on them to drive down the share price, so he can then buy the shares on the cheap? Before the pay rise issue blew up ST was all for building "trust" now all the trust has been destroyed.
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: The Future of the Business with Thompson & Williams?

Post by k979aaa »

TopperGas wrote:
18 Mar 2023, 20:03
The big question must be why T & W are trying to run the business to the ground, do they feel it's the correct route to take or is DK putting pressure on them to drive down the share price, so he can then buy the shares on the cheap? Before the pay rise issue blew up ST was all for building "trust" now all the trust has been destroyed.
We cannot investigate DK but ST and KW can be given that ST is s**t in answering anything lets get him on the record if DT can be held too account why not the pipsqueaks of british industry!
jbo5066
Posts: 356
Joined: 06 Nov 2016, 14:31
Gender: Male

Re: The Future of the Business with Thompson & Williams?

Post by jbo5066 »

walthmstowman wrote:
18 Mar 2023, 19:24
norm wrote:
18 Mar 2023, 13:40
You forget the more important influence behind the scenes that is David Kretinsky the major shareholder of RM. He must have some bearing over what Thompson and Williams are doing.

Let's not forget the government gave him the green light to buy out the company as well if he wanted. He is obviously just biding his time at this point, until either the CWU are beaten into submission/irrelevance or RM go broke and he can split off GLS and make a killing on that.
One of my workmates told me last night the management have informed the union the company is only four months away from bankruptcy . Has anybody else heard this ? Personally , I wouldn't believe anything management said anymore .
If this is true what are the union and RM talking about???