finaldestination Posted January 6, 2009 Share Posted January 6, 2009 http://www.manxradio.com/readNEwsItem.aspx?id=30580 Does anybody who has been made redundant recently think it was a positive experience? I suspect not! Link to comment Share on other sites More sharing options...
hboy Posted January 6, 2009 Share Posted January 6, 2009 I hear the A-Team van of the Careers Guidance Service was seen screeching down Strand Street the second Adams went bust on Monday. "If you have a problem, if no one else can help, and if you can find them, maybe you can hire ..... the Careers Guidance Service" http://www.manxradio.com/readNEwsItem.aspx?id=30552 Link to comment Share on other sites More sharing options...
manxman2 Posted January 7, 2009 Share Posted January 7, 2009 the adams staff will be ok .. look out for them behind a co-op counter near YOU!!!!!! Link to comment Share on other sites More sharing options...
Mr Shoe Posted January 7, 2009 Share Posted January 7, 2009 the adams staff will be ok .. look out for them behind a co-op counter near YOU!!!!!! Only if they speak Punjabi. Link to comment Share on other sites More sharing options...
When Skies Are Grey Posted January 7, 2009 Share Posted January 7, 2009 the adams staff will be ok .. look out for them behind a co-op counter near YOU!!!!!! Only if they speak Punjabi. *sigh Link to comment Share on other sites More sharing options...
Moghrey Mie Posted January 7, 2009 Share Posted January 7, 2009 http://www.manxradio.com/readNEwsItem.aspx?id=30580 Does anybody who has been made redundant recently think it was a positive experience? I suspect not! An old favourite from the Management Speak manual. SWOT analysis Strengths Weaknesses Opportunities and Threats Link to comment Share on other sites More sharing options...
La_Dolce_Vita Posted January 7, 2009 Share Posted January 7, 2009 Of course redundancy is a negative experience. If you wanted to leave you would have done so already. You can get something positive out of it or get a better job but redundancy, due to this financial crisis, is not good. Link to comment Share on other sites More sharing options...
Mutley Posted January 7, 2009 Share Posted January 7, 2009 M&S are earmarked to make a profit of nearly £600million this year, Group Sales are down a minuscule 1.2% and yet they are making 780 people redundant. Modern life is rubbish. Link to comment Share on other sites More sharing options...
La_Dolce_Vita Posted January 7, 2009 Share Posted January 7, 2009 M&S are earmarked to make a profit of nearly £600million this year, Group Sales are down a minuscule 1.2% and yet they are making 780 people redundant. Modern life is rubbish. Capitalism is rubbish, it's not about modern life. Workers get shafted and lose their jobs yet so much wealth is held by these companies. Link to comment Share on other sites More sharing options...
Sebrof Posted January 7, 2009 Share Posted January 7, 2009 M&S are earmarked to make a profit of nearly £600million this year, Group Sales are down a minuscule 1.2% and yet they are making 780 people redundant. Modern life is rubbish. Capitalism is rubbish, it's not about modern life. Workers get shafted and lose their jobs yet so much wealth is held by these companies. And what happens to this wealth? With good management and a workforce which works, it generates profits. And what happens to these profits? About 30% (in the UK) goes to pay taxes which pay for schools. hospitals, roads, etc.. Perhaps 20% is ploughed back into the business to pay for new equipment, do research, etc.. The rest is paid to the shareholders. And who are these shareholders? Many of them are pension funds which distribute the money to their pensioners. Some of them are retired people, who may not have pensions. They need their dividends to live on. Without it, they become a burden on the taxpayer. It all goes round and round, but a great deal of this wealth ultimately benefits quite ordinary, often poor, people. S Link to comment Share on other sites More sharing options...
Slim Posted January 7, 2009 Share Posted January 7, 2009 M&S are earmarked to make a profit of nearly £600million this year, Group Sales are down a minuscule 1.2% and yet they are making 780 people redundant. Modern life is rubbish. Link to comment Share on other sites More sharing options...
Mutley Posted January 7, 2009 Share Posted January 7, 2009 M&S are earmarked to make a profit of nearly £600million this year, Group Sales are down a minuscule 1.2% and yet they are making 780 people redundant. Modern life is rubbish. Capitalism is rubbish, it's not about modern life. Workers get shafted and lose their jobs yet so much wealth is held by these companies. And what happens to this wealth? With good management and a workforce which works, it generates profits. And what happens to these profits? About 30% (in the UK) goes to pay taxes which pay for schools. hospitals, roads, etc.. Perhaps 20% is ploughed back into the business to pay for new equipment, do research, etc.. The rest is paid to the shareholders. And who are these shareholders? Many of them are pension funds which distribute the money to their pensioners. Some of them are retired people, who may not have pensions. They need their dividends to live on. Without it, they become a burden on the taxpayer. It all goes round and round, but a great deal of this wealth ultimately benefits quite ordinary, often poor, people. S My point was that the company is still healthy and doing well. Still making and forecast to make huge profits. In light of the economic downturn their sales downturn was tiny. And yet they still chose to turn 780 peoples lives upside down. We don't need a beginners guide to economics. Profit is good. Greed is not. Link to comment Share on other sites More sharing options...
Sebrof Posted January 7, 2009 Share Posted January 7, 2009 M&S are earmarked to make a profit of nearly £600million this year, Group Sales are down a minuscule 1.2% and yet they are making 780 people redundant. Modern life is rubbish. Capitalism is rubbish, it's not about modern life. Workers get shafted and lose their jobs yet so much wealth is held by these companies. And what happens to this wealth? With good management and a workforce which works, it generates profits. And what happens to these profits? About 30% (in the UK) goes to pay taxes which pay for schools. hospitals, roads, etc.. Perhaps 20% is ploughed back into the business to pay for new equipment, do research, etc.. The rest is paid to the shareholders. And who are these shareholders? Many of them are pension funds which distribute the money to their pensioners. Some of them are retired people, who may not have pensions. They need their dividends to live on. Without it, they become a burden on the taxpayer. It all goes round and round, but a great deal of this wealth ultimately benefits quite ordinary, often poor, people. S My point was that the company is still healthy and doing well. Still making and forecast to make huge profits. In light of the economic downturn their sales downturn was tiny. And yet they still chose to turn 780 peoples lives upside down. We don't need a beginners guide to economics. Profit is good. Greed is not. Sorry, Mutley, I should perhaps have excised your comment. I was replying to Dolch. I do agree that companies are sometimes too quick to wield the axe. And sometimes not quick enough, as perhaps was the case with Waterford/Wedgwood. S Link to comment Share on other sites More sharing options...
La_Dolce_Vita Posted January 7, 2009 Share Posted January 7, 2009 And what happens to this wealth?With good management and a workforce which works, it generates profits. And what happens to these profits? About 30% (in the UK) goes to pay taxes which pay for schools. hospitals, roads, etc.. Perhaps 20% is ploughed back into the business to pay for new equipment, do research, etc.. The rest is paid to the shareholders. And who are these shareholders? Many of them are pension funds which distribute the money to their pensioners. Some of them are retired people, who may not have pensions. They need their dividends to live on. Without it, they become a burden on the taxpayer. It all goes round and round, but a great deal of this wealth ultimately benefits quite ordinary, often poor, people. S And you are right and it was not enough for me to simply say "...the company is wealthy". But the issue is about the control of that wealth and what position the ordinary man or woman is placed in by the ownership/distribution of wealth and resources. Marks and Spencers can maintain itself, can keep on paying its shareholders and paying taxes which amount to a huge amount of money yet the financial (and possibly psychological and social) implications for those who have lost their jobs is such to indicate to me how wrong things are. My point was that the company is still healthy and doing well. Still making and forecast to make huge profits. In light of the economic downturn their sales downturn was tiny. And yet they still chose to turn 780 peoples lives upside down. We don't need a beginners guide to economics. Profit is good. Greed is not. I don't understand what point you wish to make Mutley. If you can understand basic economics then you must surely recognise that the need to make profit is the driving force behind Marks and Spencer. If get rid of staff the reason is about saving money, and thus either maintaining or improving profits. If you are happy living in a system where profit making is the motivator for the production and offering of services then you really cannot complain when people lose their jobs and even when things go really tits up. Companies (specifically, the people running and owning them) protect their own interests. Link to comment Share on other sites More sharing options...
gazza Posted January 7, 2009 Share Posted January 7, 2009 well i its prob better than saying, Well you lost your job, Looks Like your f**ked, dont think that be to gd Link to comment Share on other sites More sharing options...
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