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Royal Mail could go bankrupt in the coming months unless serious changes happen.

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k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by k979aaa »

Schiff wrote:
23 Dec 2022, 17:40
If Royal Mail does go bankrupt then the one and only person to blame will be the person who is paid a shedload of money to make sure that particular outcome doesn't happen.

He doesn't seem to be very good at his job.
He was not very good in test and trace during COVID-19 the app would ping and you could be arrested/detained/interred during the dark days of the pandemic even if allowed out and someone came up with an app that did not work. Guess who and the whole department of test and trace lost £37 billion pounds which is three times the whole revenue of Royal Mail. Who uses the covid app now? I never did but it cost a lost of money like the whole of the defence budget 2020. And now we are stuck with him intransigent belligerent ignorant and worst of all LAZY useless pile of dog poo. My dog can nod it's head and he if he turns up just sits there and says this is my final and best offer. Well your no good at poker and you could not negotiate your way out of a paper bag!
Flashman_
Posts: 363
Joined: 05 Jan 2010, 00:08
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by Flashman_ »

TopperGas wrote:
23 Dec 2022, 16:48
Somebody had better warn VESA then that it's an unwise investment!!

:thumbup
groundhog_day
EX ROYAL MAIL
Posts: 41
Joined: 13 Sep 2022, 17:15
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by groundhog_day »

An article from a website whose primary focus is Cryptocurrency promotion..... Yeah ok ... NEXT !
Marshamp11
Posts: 437
Joined: 06 Aug 2018, 16:38
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by Marshamp11 »

k979aaa wrote:
23 Dec 2022, 18:03
Schiff wrote:
23 Dec 2022, 17:40
If Royal Mail does go bankrupt then the one and only person to blame will be the person who is paid a shedload of money to make sure that particular outcome doesn't happen.

He doesn't seem to be very good at his job.
He was not very good in test and trace during COVID-19 the app would ping and you could be arrested/detained/interred during the dark days of the pandemic even if allowed out and someone came up with an app that did not work. Guess who and the whole department of test and trace lost £37 billion pounds which is three times the whole revenue of Royal Mail. Who uses the covid app now? I never did but it cost a lost of money like the whole of the defence budget 2020. And now we are stuck with him intransigent belligerent ignorant and worst of all LAZY useless pile of dog poo. My dog can nod it's head and he if he turns up just sits there and says this is my final and best offer. Well your no good at poker and you could not negotiate your way out of a paper bag!
I cannot get over the fact that a little bit of IT to create and deploy Track and Trace could come to an eye watering £37 billion pounds. There is something not quite right there somewhere and should be fully investigated.
guardianangel
Posts: 1830
Joined: 21 Feb 2020, 19:40
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by guardianangel »

If it does Thompson and his board should be arrested,maybe they are going to be the fall guys,now wouldn't that be funny.
bigal383
EX ROYAL MAIL
Posts: 492
Joined: 11 Dec 2012, 16:20
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by bigal383 »

Why can’t you all see they’ll bankrupt it the spinx will then buy it strip it and change our contracts ?
wandle
Posts: 944
Joined: 25 Feb 2011, 17:17
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by wandle »

I don't think we need pay attention to a firm that boasts of 'having 40+ employees'
https://invezz.com/about/
Dorset Plodder
Posts: 4351
Joined: 29 Apr 2009, 20:05
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by Dorset Plodder »

wandle wrote:
23 Dec 2022, 18:27
I don't think we need pay attention to a firm that boasts of 'having 40+ employees'
https://invezz.com/about/
I don't think we need to pay attention to a firm that employs over 120 000 employees! :left:

I expect he at least treats his 40 plus employees with more respect than ST does us? :cuppa
Like all Wage Slaves, he had two crosses to bear: The people he worked for and the people he worked with! (Stephen Vizinczey.)
postslippete
Posts: 4188
Joined: 14 Jul 2014, 16:27
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by postslippete »

guardianangel wrote:
23 Dec 2022, 17:58
We all know this has been the main objective from the start thats why there is no negotiation,while the Tory government sit back and watch the destruction,i bet there are Tory top brass who are friends with the billionaire taking us over.

Yeah, I always thought Grant Shapps was a bit dodgy. He seems to be involved in dragging out the rail dispute along with a certain Keith Williams. Shapps also agreed that they would be no further action under the National Security and Investment Act (2021) on Royal Mail share acquisition, potentially allowing VESA Equity to own more shareholding and take over our company.
On the face of it, shareholder value is the dumbest idea in the world.
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by daveyeff »

well tbf, they are just repeating what they have been ''spoon fed'' by a couple of corrupt bastards. if a company that is generating the money RM does and goes bankrupt, then its massive mismanagement of funds on the grandest scale, and that should put the CEO and the board on the guilotine. lets face it.....who else would be to blame...NOT US.
postieblueshirt
Posts: 1241
Joined: 01 Oct 2019, 22:05
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by postieblueshirt »

bigal383 wrote:
23 Dec 2022, 18:22
Why can’t you all see they’ll bankrupt it the spinx will then buy it strip it and change our contracts ?
And what makes you think he will run the company? He's an investor in businesses don't think he would have anything to do with the day to day running of royal mail.
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by rambo1 »

enskied wrote:
23 Dec 2022, 17:41
Its like everything else, totally orchestrated,
Selective, scaremongering and unbelievable from the CEO.

You can never trust a liar.

Simon Thompson and the board are stark bollock naked to everyone in this company, they will never get trust back.
And we're trusting them to not sack us after striking tomorrow.
enskied
Posts: 1877
Joined: 16 Aug 2013, 17:14
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by enskied »

I have no control over that.

As I said liars all of you.
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by k979aaa »

rambo1 wrote:
23 Dec 2022, 19:12
enskied wrote:
23 Dec 2022, 17:41
Its like everything else, totally orchestrated,
Selective, scaremongering and unbelievable from the CEO.

You can never trust a liar.

Simon Thompson and the board are stark bollock naked to everyone in this company, they will never get trust back.
And we're trusting them to not sack us after striking tomorrow.
They would have a hard time doing that they and you cannot even deliver anything but doom I just don't believe in anything you say anymore!
enskied
Posts: 1877
Joined: 16 Aug 2013, 17:14
Gender: Male

Re: Royal Mail could go bankrupt in the coming months unless serious changes happen.

Post by enskied »

The guy who squandered £37 million in a few months isn't going wrestle with sleep.

Oh ... How long did he work for APPLE before the got rid of him?
One bad apple is all it takes.