P and o

How can they say its a redundancy when the jobs is still there but taking on by other people.. 
Mortgage free wannabe 

Actual mortgage stating amount £75,150

Overpayment start date 1/3/23.

Starting balance £66,565.45

Current balance £63,787.16

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  • Thrugelmir
    Thrugelmir Posts: 89,546
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    Staffing is being outsourced to a third party. 
  • borefest
    borefest Posts: 195
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    it’s disgraceful and no doubt other companies will follow suit.
  • Thrugelmir
    Thrugelmir Posts: 89,546
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    edited 17 March 2022 at 11:27PM
    borefest said:
    it’s disgraceful and no doubt other companies will follow suit.
    I'm sure that there's more to this story that's yet to emerge. Unions are unfortunately renown for their intransigence. The pandemic being the final nail in the coffin. P&O's owners being no longer willing to fund the loss making operation as it currently stands. £100 million a year is no small sum. 
  • The £100M a year loss is the figure that's being put about, but I'd be amazed if it's that high (unless it's after a huge dividend's been sent back to Dubai). Sacking 800 staff could only save £8M a year assuming they can replace them with staff earning £10k a year less - let's push the boat out (ha ha) and make it £20M including more flexible working, poorer pensions etc - but however much you push the figures it'll be nowhere near enough to cover their supposed losses. The legal action will drag on for years unless the redundancy sums are massive, and they'll lose a shedload of bookings after the publicity. All a bit of an own goal really.

    The RMT are often their own worst enemies, but comparing the pay of the ferry crew with the ludicrously overpaid tube drivers, I know which ones I'd like to see sacked en masse.
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  • Sncjw
    Sncjw Posts: 3,487
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    So how can the media call it redundancy when the job is still there. 
    Mortgage free wannabe 

    Actual mortgage stating amount £75,150

    Overpayment start date 1/3/23.

    Starting balance £66,565.45

    Current balance £63,787.16

  • daveyjp
    daveyjp Posts: 12,384
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    There are many tax advantages to declaring a loss year on year.

    However as yet there has been no discussion around the significant drop in freight traffic, especially from Ireland to the continent via the UK,  I wonder why?  
  • Sncjw said:
    So how can the media call it redundancy when the job is still there. 
    Because some of the media don't like to let the truth get in the way of a rant.

    Take this load of nonsense as an example
  • Thrugelmir
    Thrugelmir Posts: 89,546
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    daveyjp said:
    There are many tax advantages to declaring a loss year on year.


    Investors aren't interested in running loss making companies. There's always better places to use the money available. Rather than pour it down a drain. 
  • Andy_L
    Andy_L Posts: 12,738
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    Maritime law applies rather than UK (employment) law
  • Grumpy_chap
    Grumpy_chap Posts: 14,389
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    Andy_L said:
    Maritime law applies rather than UK (employment) law
    Surely that depends on what contracts of employment the staff have.  Most contracts will state under which legal jurisdiction the contract is to apply, even more so where there could be doubt, such as sea-faring employment.  Unless there is something clearly to the contrary, I would expect that employment for staff on a ferry service only operating within UK & EU would have employment contracts governed under one of those two legal entities. 

    So far as I am aware, the business that did this only operates between Great Britain, the island of Ireland and EU.  P&O Ferries is a different company to P&O Cruises or any other brand in the group.
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