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Thompsons Apology To The Public

Pay talks 2022 discussion, news, LTB's RMCtv and all BUSINESS RECOVERY, TRANSFORMATION AND GROWTH AGREEMENT chat
guardianangel
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Re: Thompsons Apology To The Public

Post by guardianangel »

He hasn't got a scooby doo SACK HIM
postslippete
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Re: Thompsons Apology To The Public

Post by postslippete »

To turn a business that made £758 million into one that's now losing over £1 million a day in just 6 months is something special. He should accept he awarded far too much to shareholders and bonuses, apologise to us all for running the business into the ground and f**ing leave
On the face of it, shareholder value is the dumbest idea in the world.
clashcityrocker
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Re: Thompsons Apology To The Public

Post by clashcityrocker »

postslippete wrote:
28 Nov 2022, 12:39
To turn a business that made £758 million into one that's now losing over £1 million a day in just 6 months is something special.
But that isn't what is happening.
The £758 million profit was for the whole business (RM, Parcelforce and GLS) over the whole year.
The £1 million/day loss is for RM in the first 3 months of the financial year.
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.
postslippete
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Re: Thompsons Apology To The Public

Post by postslippete »

clashcityrocker wrote:
28 Nov 2022, 14:30
postslippete wrote:
28 Nov 2022, 12:39
To turn a business that made £758 million into one that's now losing over £1 million a day in just 6 months is something special.
But that isn't what is happening.
The £758 million profit was for the whole business (RM, Parcelforce and GLS) over the whole year.
The £1 million/day loss is for RM in the first 3 months of the financial year.
Royal Mail still made £416 million of that £758 million clash.

For me the £758 million figure is still profit that's made by Royal Mail as a whole because they acquired GLS when it was German Parcel

Honestly, I do wonder whose side you are on!
On the face of it, shareholder value is the dumbest idea in the world.
clashcityrocker
Posts: 16672
Joined: 22 Sep 2009, 13:50
Gender: Male
Location: strummerville

Re: Thompsons Apology To The Public

Post by clashcityrocker »

postslippete wrote:
28 Nov 2022, 15:17

Honestly, I do wonder whose side you are on!
The truth.
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.