John Waples BT is preparing to axe another 10,000 jobs

chucky

misskool wrote: »

you are a selfish pessimistic man (or your persona on MSE suggests so).

you've describe quite a lot of posters with that comment :T

Really2

lostinrates wrote: »

I buy no midweek newspapers. In fact, I very rarely buy a news paper at all any more. My dad gets almost ALL the Sunday papers, though. So I read them. Or some of them.

also, links from this site often take me to publictations I'd never buy, or not buy regularly

i get a bit annoyed when there is a rampage against people for sharing information. The onformation isn' the problem, its how we interpret it, or weight its importance.

Future predictions might be a little apocolyptic, but job losses are a hardness NOW and IMO re clearly improtant and relevant news.

I still go by my quote that more people read newspapers than look at this site + the fact all newspapers are now viewable on line.

I am not saying this is not news but Geoffy as an agenda, he wants a cheap house.

Jennifer_Jane

bluey890 wrote: »

julieq, it is not a non-story for those being made redundant.

No, but if they are getting the wonderful packages that our Company has paid out, then it's a lovely new beginning for a lot of people. I wonder.

Of course, if you don't want to go and are pushed, then it's terrible, I don't want to diminish the pain of that. But our Company mentioned redundancies of thousands, and most of them are ecstatic at going with great redundancy packages. I've never seen so many walking around with smiles on their faces, and the ones left have to do the work.

Jen
x

ad44downey

10,000 more people on the dole queue and it doesn't matter. I've heard it all now.

julieq

Lotus-eater wrote: »

10% of the work force is a non story if the company employs 10 people, if they employ 100 000 then it's a big story, natural wastage or not, those jobs are now not available for someone else to do.

Bt is not reasonably well insulated from the recession at all. They have been losing loads of work.

It's a non-story. BT has streamlined massively since privatisation at which time they employed something like quarter of a million people, now down to around 150K. That process is continuing now, and given the changes in the telecomms sector that is really no surprise.

BT certainly is insulated from the worst effects of the recession, because telecomms is a service that's needed whatever the state of the economy. Yes there will be effects as there will be on any industrial sector, but telecomms is a couple of tunnels away from the coalface.

As far as I recall from what I've read, most of BT is operating to plan. One division isn't.

It'd be crazy to suggest that there aren't job losses - very significant job losses - due to the recession. But if anything they're surprisingly light given the severity of what is happening.

Jennifer_Jane

Most of ours are over 50 and have retired with it, so they aren't on the dole - can't answer for the BT people.

And in my bit, we're taking on new people - the jobs have changed, hence the redundancies, but new jobs have emerged.

Jen
x

julieq

BTW, if you want an actual doom and gloom BT story, you'd do a lot worse than to look at the state of their pension fund.

julieq

bluey890 wrote: »

One in eight jobs in less than two years is not natural wastage.

it's not one in 8, BT have about 150,000 employees. So it's 1 in 15 which is certainly natural wastage territory.

This is a reasonable piece with some numbers in.

http://www.telegraph.co.uk/finance/newsbysector/epic/btdota/3455117/BT-chief-signals-more-job-cuts-as-recession-looms.html

mr.broderick

geoffky wrote: »

crash over all back to work....queue up at the bank for you mo






misskool you may of been brought up in some country but it does not give you the right to get personal with me. i have never in all my posts got personal and i expect more from someone who is meant to represent this board...

you are is a selfish self righteous man who wants the economy to collapse to buy a cheap housen, . i do not need to buy a cheap house i do not need the economny to collapse as i have far more money than i ever ever need and i do not even work because i do not need the money ...
i wonder how old you are because i have been through a few ressessions and they are not a walk in the park..
as for only posting bad news.. iam afraid you sound like some one from the ministry of good imformation....all news is news thats it just news/.. i do not buy a daily paaper and have not for about twenty years.

you taunt the sellers on the house selling thread (to those selling in desperate times) by telling them their houses are over priced.......so was the rightmove report wrong were they said sellers are asking too much and need to drop theyre prices..
As for the usual suspects i expect nothing less...

ney

Right geoff you are on ignore.
I can't bear to read through all this terrible grammar.

mewbie_2

julieq wrote: »

is certainly natural wastage territory.

Something chilling about those words. These are jobs which are no longer available, redundancy package or not. Presumably the ultimate measure of a successful business / economy is to have no jobs at all - all achieved by 'natural wastage'.