Jobs going

[Curlyteeth]

christ this bad, and its probably just the start

Coronavirus: John Lewis and Boots to cut 5,300 jobs

A day after the chancellor unveiled a plan to save jobs, two of the UK's biggest retailers announce cuts.

www.bbc.co.uk

 

[Howard the Duck]

christ this bad, and its probably just the start

Coronavirus: John Lewis and Boots to cut 5,300 jobs

A day after the chancellor unveiled a plan to save jobs, two of the UK's biggest retailers announce cuts.

www.bbc.co.uk

Sadly it will be just the start. This is all currently with the full furlough scheme in place. Let’s just hope for an incredibly quick recovery.

 

[Pseudonym Number 1]

Not surprised tbh. Its not like these type of companies care about anything else but their profit margins.

 

[Brian Griffin]

Not surprised tbh. Its not like these type of companies care about anything else but their profit margins.

No companies do.

 

[Curlyteeth]

No companies do.

John Lewis allegedly cares more than others....

 

[Brian Griffin]

John Lewis allegedly cares more than others....

Bollocks.

I’m not saying it’s wrong or right - but a company’s main responsibility is to its shareholders. Not their employees.

That said in good times, what’s good for the shareholders is usually good for the employees too.

In bad times, decisions have to be made to protect the company so in the long run more people can be employed.

 

[Botchie]

Sadly it will be just the start. This is all currently with the full furlough scheme in place. Let’s just hope for an incredibly quick recovery.

Don't forget marra, there's a EU trade deal (or lack of) that's been swept under the carpet. I dread to think what the winter will bring.

 

[42]

Bollocks.

I’m not saying it’s wrong or right - but a company’s main responsibility is to its shareholders. Not their employees.

That said in good times, what’s good for the shareholders is usually good for the employees too.

In bad times, decisions have to be made to protect the company so in the long run more people can be employed.

John Lewis is an employee owned mutual.

 

[Howard the Duck]

Don't forget marra, there's a EU trade deal (or lack of) that's been swept under the carpet. I dread to think what the winter will bring.

I did write a sentence to that effect but got rid as there’s no way I want to get drawn into those arguments on here!

 

[box2box]

It's a shame John Lewis stores are closing, although it is only 2 proper department ones. Would be interesting to see the uk corp tax payment history of John Lewis compared to amazon etc

 

[Curlyteeth]

Bollocks.

I’m not saying it’s wrong or right - but a company’s main responsibility is to its shareholders. Not their employees.

That said in good times, what’s good for the shareholders is usually good for the employees too.

In bad times, decisions have to be made to protect the company so in the long run more people can be employed.

So in the John Lewis case the staff allegedly own the business, but I take your point

John Lewis Partnership

There are 51 John Lewis & Partners shops and 349 Waitrose & Partners shops across the UK, along with johnlewis.com and waitrose.com. There are also two international sourcing offices, a soft furnishings factory, various distribution centres, three Waitrose & Partners cookery schools, a content...

employeeownership.co.uk

 

[Botchie]

I did write a sentence to that effect but got rid as there’s no way I want to get drawn into those arguments on here!

I know . Let's agree to nip it in the bud now.

 

[redgauntlet]

Prepare for mass long term unemployment. Expect government courses as a sop withlittle or nothing at the end of the. It could make the 1980s look small beer.All because the stupid people at the top followed Trump and ignored the virus. Herd immunity, what a great idea. Brexit? A nation half full of ...............!
?

 

[0321safc]

Going to be an unemployment on a unfathomable scale. From my purely selfish point of view though it means there can not be a second national lockdown. Would decimate society beyond repair. Processes which were always going to happen - more automation of jobs, retail and high streets no longer fit for purpose, old fashioned working habits dying out .... have been/will be exacerbated by this crisis.

 

[Botchie]

Too late

 

[0321safc]

Prepare for mass long term unemployment. Expect government courses as a sop withlittle or nothing at the end of the. It could make the 1980s look small beer.All because the stupid people at the top followed Trump and ignored the virus. Herd immunity, what a great idea. Brexit? A nation half full of ...............!
?

Sunak the chancellor of the exchequer already apologising for the jobs he hasn’t been able to save.

 

[Howard the Duck]

Too late

 

[Curlyteeth]

Going to be an unemployment on a unfathomable scale. From my purely selfish point of view though it means there can not be a second national lockdown. Would decimate society beyond repair. Processes which were always going to happen - more automation of jobs, retail and high streets no longer fit for purpose, old fashioned working habits dying out .... have been/will be exacerbated by this crisis.

I was thinking about the high street earlier might the mass job losses make the government have to tax online purchases to prevent carnage. Probably not

 

[0321safc]

I was thinking about the high street earlier might the mass job losses make the government have to tax online purchases to prevent carnage. Probably not

They need to do something dramatic if they are going to save high streets as we know them.

 

[redgauntlet]

Sunak the chancellor of the exchequer already apologising for the jobs he hasn’t been able to save.

Sorry not enough. The damage was done in January and February, prevention is always better than cure.