BA to offer redundacy to 1500 mangers
12 September 2008, 04:39 PM
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BA to offer redundacy to 1500 mangers
BA to offer managers redundancy - | MSN News UK - news & weather
Now i,m no business expert, but?
prhaps if they used some of the huge profits they made, then they could have
avoided this?
After all, they passed the fuel increases on straight away, so they were
keeping there profit margin stable.
You would have thought that during periods of lean supply, they would use
there reserves to keep the punters coming in,, then used the fat periods
to restock and profit build.
Mart
Now i,m no business expert, but?
prhaps if they used some of the huge profits they made, then they could have
avoided this?
After all, they passed the fuel increases on straight away, so they were
keeping there profit margin stable.
You would have thought that during periods of lean supply, they would use
there reserves to keep the punters coming in,, then used the fat periods
to restock and profit build.
Mart
12 September 2008, 04:45 PM
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Mart don't be silly! 
Even our own gov't don't save in the good times to prepare for a rainy day. All that money rolling in is for shareholders and big bonus cheques.
Even our own gov't don't save in the good times to prepare for a rainy day. All that money rolling in is for shareholders and big bonus cheques.
12 September 2008, 05:10 PM
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Thats the problem with big companies - when they make these record profits, the money goes to the shareholders, and bonuses to the bosses running the company.
A small business with no shareholders can save the extra money made when times are good to keep them going if they get a few lean years - which is what you do if you run your own business, you look at income over a 5 or 10 year period, not year to year and base your spending on what you made in one particularly busy year.
So there arent always benefits to being a huge company.
A small business with no shareholders can save the extra money made when times are good to keep them going if they get a few lean years - which is what you do if you run your own business, you look at income over a 5 or 10 year period, not year to year and base your spending on what you made in one particularly busy year.
So there arent always benefits to being a huge company.
12 September 2008, 05:14 PM
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My Brother-In-Law is a manager at BA .... he was too young for the lay-offs last time .... he will be in the queue to sign off this time though - the pay outs are quite significant, retire at 50? Would suit me! 
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