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Thompsons Apology To The Public
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guardianangel
- Posts: 1845
- Joined: 21 Feb 2020, 19:40
- Gender: Male
Re: Thompsons Apology To The Public
He hasn't got a scooby doo SACK HIM
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postslippete
- Posts: 4190
- Joined: 14 Jul 2014, 16:27
- Gender: Male
Re: Thompsons Apology To The Public
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.
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clashcityrocker
- Posts: 16670
- Joined: 22 Sep 2009, 13:50
- Gender: Male
- Location: strummerville
Re: Thompsons Apology To The Public
postslippete wrote: ↑28 Nov 2022, 12:39To 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.
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postslippete
- Posts: 4190
- Joined: 14 Jul 2014, 16:27
- Gender: Male
Re: Thompsons Apology To The Public
clashcityrocker wrote: ↑28 Nov 2022, 14:30Royal Mail still made £416 million of that £758 million clash.postslippete wrote: ↑28 Nov 2022, 12:39To 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.
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.
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clashcityrocker
- Posts: 16670
- Joined: 22 Sep 2009, 13:50
- Gender: Male
- Location: strummerville
Re: Thompsons Apology To The Public
The truth.
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.