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The employees are their shareholders.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.
I know they're a coop and generally speaking I like those business models but at the end of the day they're only interested in profit.I'd suggest that you look up the structure of The John Lewis Partnership before judging it.
They are doing a very good job of making themselves look like they are doing a lot but materially I doubt the proposals will make an iota of difference. Going to be mass unemployment but they’ll say ‘well we tried we did X, Y and Z’.It’s going to be a bleak winter for a lot of folk. This offer of £1k to an employer to keep a person in a job is a joke.
Very poor. The chancellor is too busy patting himself on the back to listen to what people fear.
Its a catch 22. Early doors the Government hesitated with lock down to protect the ecconomy, but if they did and followed the new zealand model then everything by now would be fully open and the ecconomy back in full swing. You could argue if you locked down now for a additional couple of weeks, get everything down to zero and stop a second wave then long term you would gain.
The whole world is fucked.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 ...............!
?
Keep saying it for a longs time and we will believe, reaiity is just a detailBrexit will create jobs.
No but as has been the case with number of deaths, some are more fucked than others, and with our lot in charge and Hard Brexit round the corner, it's going to be badThe whole world is fucked.
It's not limited to the UK.
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.
Brexit is as far as stupidity. Where is one trade deal being negotiated better than we have?The whole world is fucked.
It's not limited to the UK.
Swedens economy is still fully intact & the 70k predicted casualties don't seem to have materialised either
The Swedish central bank is predicting a contraction of between 7 and 10 per cent in the Swedish economy this year, about par with the rest of Europe.
But apart from that yeah, fully intact.
That is fair, to be honest.I’m sure sure the next time someone can’t afford to fill up their car, pay the gas bill or buy something nice for their kids, they’ll at least be able to sit back and think “thank goodness someone thought of the shareholders”.
That doesnt fit the narrative tho does itSwedens economy is still fully intact & the 70k predicted casualties don't seem to have materialised either
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
Strong rumours were that Newcastle was to close I can see them moving out of Eldon square into the old next shop as more compactchrist 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