A 10% pay cut is not much at all.
With the slowdown in some states (including Victoria) some companies who want to retain highly trained staff, are going to a four day week.
Holden workers just took a bitter pill also. Did we ever hear the extent of their haircut?
We should be pushing to reign in spending at the top with MEO. IMO.
Shareholders need to be going into the AGM with some tough questions. Sentiment in the spec market is a case of awful getting worse.
Firing a lot of technical staff seems to be counterproductive, as they are MEO's strongest asset.
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