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who will be the biggest losers from privatisation?

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Edward Hunter
Posts: 678
Joined: 23 May 2007, 22:30

who will be the biggest losers from privatisation?

Post by Edward Hunter »

Delivery posties, mail center workers, royal mail managers or full time release union officials? discuss
Shambles
MAIL CENTRES/PROCESSING
Posts: 736
Joined: 25 Jul 2013, 21:30
Gender: Female
Location: Tree house

Re: who will be the biggest losers from privatisation?

Post by Shambles »

Edward Hunter wrote:Delivery posties, mail center workers, royal mail managers or full time release union officials? discuss

Let's not start this BS WE will all be losers if we don't stand strong, united !

:cuppa
Last edited by Shambles on 12 Sep 2013, 23:01, edited 1 time in total.
I have No Friends,
Or Enemies....
Only Teachers.
Cut Off King
Posts: 1078
Joined: 23 Jun 2009, 21:18
Gender: Female

Re: who will be the biggest losers from privatisation?

Post by Cut Off King »

I predict that 50% of OPG grades will lose their jobs over 5 years, however I predict that 85 % of managers will be judged to be surplus to requirement too

But one way or another, we'll all be worse off
kingmalik
Posts: 21
Joined: 22 Sep 2012, 11:03
Gender: Male

Re: who will be the biggest losers from privatisation?

Post by kingmalik »

Nope us angard workers will be worse off they will terminate our contracts n pay minimum wage
DOM
Posts: 140
Joined: 20 Jun 2007, 18:35

Re: who will be the biggest losers from privatisation?

Post by DOM »

Edward Hunter wrote:Delivery posties, mail center workers, royal mail managers or full time release union officials? discuss
I'm not saying this to wind anyone up as I'm not sold on the privatisation but could we all be winners?

Fresh investment spent wisely and we all know that is needed.

Our new owners pushing for a fairer playing field with our competitors being measured on quality and fined if not meeting targets

The high interest loan from the government paid off

I'm just looking for positives when I know the negatives do look more likely
mandelsons_toenail
Posts: 1294
Joined: 08 Aug 2009, 18:16
Gender: Male
Location: Outer Hebrides

Re: who will be the biggest losers from privatisation?

Post by mandelsons_toenail »

:left:

I guess if you call self employed posties on £7.10 an hour on zero hour contract with f**k all terms and conditions a winner then you sir are correct :Very Happy
UnhappyGremlin
Posts: 2685
Joined: 18 May 2012, 20:49
Gender: Male
Location: Hiding

Re: who will be the biggest losers from privatisation?

Post by UnhappyGremlin »

DOM wrote:I'm not saying this to wind anyone up as I'm not sold on the privatisation but could we all be winners?
No.
In the course of the first decade, prices will rise, jobs will go, pay will be cut, pensions obliterated, service destroyed, T&C's smashed, and working conditions will become so horrific it will make our current working lives seem like a dream job.
The only winners will be the shareholders, and senior management who will get huge bonuses, possibly as shares as it is tax efficient, who will get a fortune in dividends, which I think would be increased from the start by the removal of the extra £300m a year or so that RM currently pay on top of the normal contributions to the pension pot, that RM is planning to cut at the first opportunity, thus making an extra £300m profit at the earliest opportunity available.

It's all about profits, and they will increase at any cost. Mainly ours. The remainder will be borne by the public.
Sometimes, I wish I wasn't a Rep.
mandelsons_toenail
Posts: 1294
Joined: 08 Aug 2009, 18:16
Gender: Male
Location: Outer Hebrides

Re: who will be the biggest losers from privatisation?

Post by mandelsons_toenail »

UnhappyGremlin wrote:
DOM wrote:I'm not saying this to wind anyone up as I'm not sold on the privatisation but could we all be winners?
No.
In the course of the first decade, prices will rise, jobs will go, pay will be cut, pensions obliterated, service destroyed, T&C's smashed, and working conditions will become so horrific it will make our current working lives seem like a dream job.
The only winners will be the shareholders, and senior management who will get huge bonuses, possibly as shares as it is tax efficient, who will get a fortune in dividends, which I think would be increased from the start by the removal of the extra £300m a year or so that RM currently pay on top of the normal contributions to the pension pot, that RM is planning to cut at the first opportunity, thus making an extra £300m profit at the earliest opportunity available.

It's all about profits, and they will increase at any cost. Mainly ours. The remainder will be borne by the public.
So apart from that then, we are all winners? :Very Happy
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: who will be the biggest losers from privatisation?

Post by fishtank »

DOM wrote:Fresh investment spent wisely and we all know that is needed.
Where will that investment come from?
Our new owners pushing for a fairer playing field with our competitors being measured on quality and fined if not meeting targets
If we are floated on the LSE we won't have direct owners as such,we may have major shareholders who may demand a seat on the board but that could be very fluid and may actually be a destabilising influence.
The high interest loan from the government paid off
As far as I'm aware the plan is to substitute that loan with a commercial loan in order to pay back the Government,that may save us a bit in interest but it's unlikely to be lifechanging to the business.
good times, bad times you know I've had my share
Minischoles
ROYAL MAIL CUSTOMER SERVICE
Posts: 154
Joined: 02 Jun 2012, 05:53
Gender: Male

Re: who will be the biggest losers from privatisation?

Post by Minischoles »

kingmalik wrote:Nope us angard workers will be worse off they will terminate our contracts n pay minimum wage
I doubt they'll touch Angard workers - why would they get rid of a workforce they can mess around with at will, pay less have less protections and conditions and can all be forced onto zero hour contracts or to take contracts where they sell their rights off for shares.