Who created Gls
Us ! It was our profits RM that was used to create Gls
It is was never a separate company which is why they want to split it up
Gls profits should come back to RM
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IDS GLS
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TrueBlueTerrier
- FORUM ADMINISTRATOR
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Re: IDS GLS
Sadly no.
GLS has existed under different names since 1989. It started in Germany. Rico Back sold it to the Royal Mail group in 1999.
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Jinder
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Re: IDS GLS
Bought by profits generated by the posties, so yes it belongs to us
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walthmstowman
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Re: IDS GLS
Not according to Thompson . When he was questioned by MPs at Westminster, he said it’s always been a separate company.
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walthmstowman
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TopperGas
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Re: IDS GLS
I also wonder how much RM business has been passed to GLS which may have stayed with RM if they hadn't bought GLS? Plus I assume RM have invested money in GLS so they could grow as a company following the purchase?
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Barnacle
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Re: IDS GLS
Thompson is all over the place. According to Thompson, also at the committee, it was GLS profits which paid the dividends to Royal Mail shareholders. Why would a separate legal entity, according to Thompson, be paying the dividends of an entirely separate legal entity?walthmstowman wrote: ↑18 Feb 2023, 10:01Not according to Thompson . When he was questioned by MPs at Westminster, he said it’s always been a separate company.
’You can't just ask customers what they want and then try to give that to them. By the time you get it built, they'll want something new.’
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yellowbelly
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Re: IDS GLS
He talks that much garbage that he digs himself a hole each time he speaks (see also his recent comment aboutBarnacle wrote: ↑18 Feb 2023, 16:35Thompson is all over the place. According to Thompson, also at the committee, it was GLS profits which paid the dividends to Royal Mail shareholders. Why would a separate legal entity, according to Thompson, be paying the dividends of an entirely separate legal entity?walthmstowman wrote: ↑18 Feb 2023, 10:01Not according to Thompson . When he was questioned by MPs at Westminster, he said it’s always been a separate company.![]()
losing 1m a day and how much was lost because of IA - it just doesn't add up if you excuse the pun).
A rumour going round that he's off work at the moment. Perhaps it's because the Parliamentary meeting is coming up?
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PFdriver488
- PARCELFORCE
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Re: IDS GLS
Every gls package has wrong or very low info on each package. Usually wrong. But the podium will always have it as number 1 or 2 and thats rarely correct. Lately they don’t even have a house number. It’s infuriating that they can’t input enough details. Gls makes its fortune by an Amazon driver model. That’s why Simon is so obsessed he wants to copy the exact gls model down to a tea. Ie u r self employed, no sick pay or holiday pay. Not busy u aren’t needed, we already have a company supplying owner drivers so the changes are happening regardless of the union.
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Barnacle
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Re: IDS GLS
I reman convinced that they want shot of letters but they want them taken away rather than them giving them up- fines must be less that way round.PFdriver488 wrote: ↑19 Feb 2023, 09:31Every gls package has wrong or very low info on each package. Usually wrong. But the podium will always have it as number 1 or 2 and thats rarely correct. Lately they don’t even have a house number. It’s infuriating that they can’t input enough details. Gls makes its fortune by an Amazon driver model. That’s why Simon is so obsessed he wants to copy the exact gls model down to a tea. Ie u r self employed, no sick pay or holiday pay. Not busy u aren’t needed, we already have a company supplying owner drivers so the changes are happening regardless of the union.
’You can't just ask customers what they want and then try to give that to them. By the time you get it built, they'll want something new.’