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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
pieoftheday
Posts: 1829
Joined: 11 Mar 2010, 16:43
Gender: Male

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

Post by pieoftheday »

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 .
As has been posted before, the bankruptcy crap has been spouted since at least 2003 with Alan Leighton, ZZzzzzz.....
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
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Location: THE NORTH

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

Post by k979aaa »

jbo5066 wrote:
18 Mar 2023, 20:15
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???
They gave £567 MILLION to shareholders their own bonuses for the whole Royal Mail board was based on giving dividends all £567 million of them and in return they cannot invest in YOU and by the way YOUR not worth it so says the simpilton of a CEO. The workforce is the biggest asset this whole company has without anyone realising it and it is YOU who make this business or service happen!
WalkerX
Posts: 392
Joined: 20 Feb 2021, 22:31
Gender: Male

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

Post by WalkerX »

bigal383 wrote:
18 Mar 2023, 14:18
They want to sell the business off that’s why they are trying to sink it take the parcel business and gls and sorry don’t want this mail
Here you are government


Job done
Has always been the plan.
pinstripe
Posts: 2459
Joined: 25 May 2007, 16:42
Gender: Male
Location: 2 left turns from reality

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

Post by pinstripe »

WalkerX wrote:
18 Mar 2023, 20:42
bigal383 wrote:
18 Mar 2023, 14:18
They want to sell the business off that’s why they are trying to sink it take the parcel business and gls and sorry don’t want this mail
Here you are government


Job done
Has always been the plan.
It’s weird that the share price is roughly 40p more than it was almost 6 months ago
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
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Location: THE NORTH

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

Post by k979aaa »

pinstripe wrote:
18 Mar 2023, 21:12
WalkerX wrote:
18 Mar 2023, 20:42
bigal383 wrote:
18 Mar 2023, 14:18
They want to sell the business off that’s why they are trying to sink it take the parcel business and gls and sorry don’t want this mail
Here you are government


Job done
Has always been the plan.
It’s weird that the share price is roughly 40p more than it was almost 6 months ago
Share price is not indicative for the value of the business some buy shares as to acquire stock or not let the banks rob them with 0.05 interest rates and the ease of taking the money out of such!
pinstripe
Posts: 2459
Joined: 25 May 2007, 16:42
Gender: Male
Location: 2 left turns from reality

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

Post by pinstripe »

k979aaa wrote:
18 Mar 2023, 22:24
pinstripe wrote:
18 Mar 2023, 21:12
WalkerX wrote:
18 Mar 2023, 20:42
bigal383 wrote:
18 Mar 2023, 14:18
They want to sell the business off that’s why they are trying to sink it take the parcel business and gls and sorry don’t want this mail
Here you are government


Job done
Has always been the plan.
It’s weird that the share price is roughly 40p more than it was almost 6 months ago
Share price is not indicative for the value of the business some buy shares as to acquire stock or not let the banks rob them with 0.05 interest rates and the ease of taking the money out of such!
Yeah, I get that, but some people like to indicate that RM are deliberately tanking the share price to enable a cheaper takeover
DirtyHarry
Posts: 5051
Joined: 13 May 2007, 23:16
Gender: Male
Location: London

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

Post by DirtyHarry »

There is no future.
Not with the calibre of CEOs there is nowadays.
They are the something for nothing brigade.
The something they want is, your never ending hard graft, and the nothing is, practically what you will get.
Whoever follows Thompson and Williams will be of the same mindset.
FilthyBloke
Posts: 685
Joined: 03 Jun 2018, 11:41
Gender: Male

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

Post by FilthyBloke »

The future will be driven by the main shareholders. Regardless of the puppet CEO.

The writing was on the wall when the company went down that route a decade ago.
Shadedpostie
Posts: 277
Joined: 22 Sep 2020, 23:21
Gender: Male

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

Post by Shadedpostie »

There is no future with the current tools ruining this place to the ground. What a complete and utter sham this company has turned out to be
k979aaa
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Re: The Future of the Business with Thompson & Williams?

Post by k979aaa »

Royal Mail founded 1516 by Henry VIII deceased 2023 by Simon Thompson what a epitaph on your CV that would be!
postieblueshirt
Posts: 1241
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Re: The Future of the Business with Thompson & Williams?

Post by postieblueshirt »

k979aaa wrote:
19 Mar 2023, 14:34
Royal Mail founded 1516 by Henry VIII deceased 2023 by Simon Thompson what a epitaph on your CV that would be!
I agree but most would say it was October 2013...
k979aaa
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Re: The Future of the Business with Thompson & Williams?

Post by k979aaa »

postieblueshirt wrote:
19 Mar 2023, 15:29
k979aaa wrote:
19 Mar 2023, 14:34
Royal Mail founded 1516 by Henry VIII deceased 2023 by Simon Thompson what a epitaph on your CV that would be!
I agree but most would say it was October 2013...
In terms of ownership yes but it took all but 10 years under privatisation which was accelerated by the guy who f****d up test and trace!
RTP
Posts: 863
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Re: The Future of the Business with Thompson & Williams?

Post by RTP »

Just watching Under Cover Boss Australia.

The CEO of Great Southern Rail goes undercover, serving customers, cleaning toilets etc.

What a bloke this fella is. Realises just how hard his team works and what good people they are.

He then calls a board meeting and informs them that he thinks it would be a good idea to send them all out working for a day or so with the team who serve the customers on a daily basis to see with their own eyes what it's like and how hard they work.

He then also rewards people he has worked with undercover and takes some of their ideas onboard in order to make the workplace better and safer.

One guy from Vietnam hasn't seen his mother for 5yrs, so the CEO offers to pay for his family to go back to Vietnam to visit his mother.

Wow.
mjd24
Posts: 1402
Joined: 11 May 2008, 18:48

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

Post by mjd24 »

RTP wrote:
19 Mar 2023, 16:03
Just watching Under Cover Boss Australia.

The CEO of Great Southern Rail goes undercover, serving customers, cleaning toilets etc.

What a bloke this fella is. Realises just how hard his team works and what good people they are.

He then calls a board meeting and informs them that he thinks it would be a good idea to send them all out working for a day or so with the team who serve the customers on a daily basis to see with their own eyes what it's like and how hard they work.

He then also rewards people he has worked with undercover and takes some of their ideas onboard in order to make the workplace better and safer.

One guy from Vietnam hasn't seen his mother for 5yrs, so the CEO offers to pay for his family to go back to Vietnam to visit his mother.

Wow.
I personally believe that if something like this was implemented within Royal Mail, SImon Thompson et al joining some of us on our walks . . . theyd be quite staggered at what a day of work is like for us. And then to imagine doing that 5 days a week, week after week . . .

But doubt they’d then be inclined to be any kinder.
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 »

mjd24 wrote:
19 Mar 2023, 16:17
RTP wrote:
19 Mar 2023, 16:03
Just watching Under Cover Boss Australia.

The CEO of Great Southern Rail goes undercover, serving customers, cleaning toilets etc.

What a bloke this fella is. Realises just how hard his team works and what good people they are.

He then calls a board meeting and informs them that he thinks it would be a good idea to send them all out working for a day or so with the team who serve the customers on a daily basis to see with their own eyes what it's like and how hard they work.

He then also rewards people he has worked with undercover and takes some of their ideas onboard in order to make the workplace better and safer.

One guy from Vietnam hasn't seen his mother for 5yrs, so the CEO offers to pay for his family to go back to Vietnam to visit his mother.

Wow.
I personally believe that if something like this was implemented within Royal Mail, SImon Thompson et al joining some of us on our walks . . . theyd be quite staggered at what a day of work is like for us. And then to imagine doing that 5 days a week, week after week . . .

But doubt they’d then be inclined to be any kinder.
They think of us as serfs or slaves and don't think about the future but about how much the can get now in the smash and grab!