The redundancies they are paying out are an expense they could have avoided if workers didnt get paid so much to bludge, but then again if Senior management have been bludging who can blame the labourers. Reality is that this company with its high cost structure will now be paying redundancies to many workers well over 65 that in any manual labour occupation would have retired by now and the work force would have been down to more profitable levels on its own, however when you pay 65 year old unskilled workers $80+ per year to push a few buttons and clean a few floors then its no wonder the company is where it is today.
Total mismanagement beyond belielf with this company!
BSL Price at posting:
55.9¢ Sentiment: Sell Disclosure: Not Held
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