HiVibes Posted October 22, 2023 Share Posted October 22, 2023 Losing a million quid profit in one year, thats some going when the post service has gone to shit, Well done @Stu Peters, another success! https://www.three.fm/news/isle-of-man-news/post-office-record-profits-of-just-over-half-a-million-pounds/?fbclid=IwAR3wVWTL1WT7OBlUaf9QsNuH_S_ayA1opl8Yj-8SuZW2XntXV6y3YH3yaXA 1 1 Quote Link to comment Share on other sites More sharing options...
Omobono Posted October 22, 2023 Share Posted October 22, 2023 like everything else government run overstaffed with management ,and the attitude that the customer owes them a living , its dreadful to see how this organisation that was once a flagship operation in our community has been allowed to become so poor in its performance , 4 1 Quote Link to comment Share on other sites More sharing options...
Manxman1234 Posted October 22, 2023 Share Posted October 22, 2023 (edited) 35 minutes ago, HiVibes said: Losing a million quid profit in one year, thats some going when the post service has gone to shit, Well done @Stu Peters, another success! https://www.three.fm/news/isle-of-man-news/post-office-record-profits-of-just-over-half-a-million-pounds/?fbclid=IwAR3wVWTL1WT7OBlUaf9QsNuH_S_ayA1opl8Yj-8SuZW2XntXV6y3YH3yaXA So what we are saying is the IOM post didn’t increase costs to customers in line with the increasing costs they have incurred with rising wages, rising utilities etc etc the same people complaining they only made half a million would be the same people complaining if made £2 million if they had increase cost postage even further to the public or alternative headline iom Post save public and local business over £1,000,000 by not passing on increases costs lose lose situation Edited October 22, 2023 by Manxman1234 9 2 Quote Link to comment Share on other sites More sharing options...
Gizo Posted October 22, 2023 Share Posted October 22, 2023 (edited) Wow. £542 profit. That’s some doing. 0.002% bottom line. Edited October 22, 2023 by Gizo Quote Link to comment Share on other sites More sharing options...
Manxman1234 Posted October 22, 2023 Share Posted October 22, 2023 5 minutes ago, Gizo said: Wow. £542 profit. That’s some doing. 0.002% bottom line. Usual poor reporting as states just over half a million Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted October 22, 2023 Share Posted October 22, 2023 (edited) Full time delivery and sorting posts have been cut, being replaced with part timers and ZHC with no entitlement other than the hours they are asked to work. The problem causing the losses clearly cannot lie here then. The problem lies in Executive (3 on £125k+ each pa) and management and administration numbers and remuneration. Increasing numbers of "project managers" whose only projects appear to be overseeing the PO losing business to competitors, such as the recent Parcelforce loss and the earlier Yodel loss which was then farmed back to the PO by MIC at much less than had been previously paid. Heads need to be rolling within the management structure but as with any other Govt operation it won't happen, blame and cuts will be directed towards the grass roots. Edited October 22, 2023 by Non-Believer Typo 6 2 Quote Link to comment Share on other sites More sharing options...
Manxman1234 Posted October 22, 2023 Share Posted October 22, 2023 8 minutes ago, Non-Believer said: Full time delivery and sorting posts have been cut, being replaced with part timers and ZHC with no entitlement other than the hours they are asked to work. The problem causing the losses clearly cannot lie here then. The problem lies in Executive (3 on £125k+ each pa) and management and administration numbers and remuneration. Increasing numbers of "project managers" whose only projects appear to be overseeing the PO losing business to competitors, such as the recent Parcelforce loss and the earlier Yodel loss which was then farmed back to the PO by MIC at much less than had been previously paid. Heads need to be rolling within the management structure but as with any other Govt operation it won't happen, blame and cuts will be directed towards the grass roots. Who is delivering parcel force now? Quote Link to comment Share on other sites More sharing options...
2112 Posted October 22, 2023 Share Posted October 22, 2023 51 minutes ago, HiVibes said: Losing a million quid profit in one year, thats some going when the post service has gone to shit, Well done @Stu Peters, another success! https://www.three.fm/news/isle-of-man-news/post-office-record-profits-of-just-over-half-a-million-pounds/?fbclid=IwAR3wVWTL1WT7OBlUaf9QsNuH_S_ayA1opl8Yj-8SuZW2XntXV6y3YH3yaXA I’m sure before long you will have IOMG cheerleaders on telling, you as wrong, and how it’s an illusion and the PO has made mega money profits. Quote Link to comment Share on other sites More sharing options...
Albert Tatlock Posted October 22, 2023 Share Posted October 22, 2023 I've seen the new stamps... . 1 10 Quote Link to comment Share on other sites More sharing options...
CrazyDave Posted October 22, 2023 Share Posted October 22, 2023 1 hour ago, HiVibes said: Losing a million quid profit in one year, thats some going when the post service has gone to shit, Well done @Stu Peters, another success! https://www.three.fm/news/isle-of-man-news/post-office-record-profits-of-just-over-half-a-million-pounds/?fbclid=IwAR3wVWTL1WT7OBlUaf9QsNuH_S_ayA1opl8Yj-8SuZW2XntXV6y3YH3yaXA Surely their volumes are through the floor, yet when they try and cut services or increase charges people moan. What do people expect? why not just do deliveries a couple a times a week and reduce the overheads? Quote Link to comment Share on other sites More sharing options...
2112 Posted October 22, 2023 Share Posted October 22, 2023 (edited) 6 minutes ago, CrazyDave said: Surely their volumes are through the floor, yet when they try and cut services or increase charges people moan. What do people expect? why not just do deliveries a couple a times a week and reduce the overheads? What services? Deliveries are sparce, and during TT or MGP it’s when available or when they can. I’m not expecting miracles. As for reducing overheads hahahahaha that they won’t do. How about reducing the management and selling off assets? Edited October 22, 2023 by 2112 1 Quote Link to comment Share on other sites More sharing options...
Manxman1234 Posted October 22, 2023 Share Posted October 22, 2023 Hopefully the new sorting machine will reduce the need for ‘regional’ sorting offices lol never understood why needed as many for small island 1 Quote Link to comment Share on other sites More sharing options...
CrazyDave Posted October 22, 2023 Share Posted October 22, 2023 4 minutes ago, Manxman1234 said: Hopefully the new sorting machine will reduce the need for ‘regional’ sorting offices lol never understood why needed as many for small island This. One central depot and half the number of deliveries. Job jobbed. 1 Quote Link to comment Share on other sites More sharing options...
P.K. Posted October 22, 2023 Share Posted October 22, 2023 1 hour ago, HiVibes said: Losing a million quid profit in one year, thats some going when the post service has gone to shit, Well done @Stu Peters, another success! https://www.three.fm/news/isle-of-man-news/post-office-record-profits-of-just-over-half-a-million-pounds/?fbclid=IwAR3wVWTL1WT7OBlUaf9QsNuH_S_ayA1opl8Yj-8SuZW2XntXV6y3YH3yaXA @HiVibes Your hatred of Mr Peters is blinding you to a very important point about organisations like the PO and their profitability. Put simply the more profit the PO makes the more we are all being taxed twice. What happens to the IOMSPCo profits, if any, should be interesting.... 1 Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted October 22, 2023 Share Posted October 22, 2023 3 minutes ago, Manxman1234 said: Hopefully the new sorting machine will reduce the need for ‘regional’ sorting offices lol never understood why needed as many for small island Because it is more efficient to send one truck to Ramsey and split it there than 20 (?) smaller vans? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.