This guy takes us all for an idiot. I understand the need to budget planning but we are already in new financial year.
This planning should take place early January or even towards the end of last year. In my opinion this is exactly what happened, hence the big dividend payment beginning of January. Let's assume that no planning took place before and they start to get around it now. Very late and as all planning is based on projections, forecasts and by analysing data from previous years. This tells they were already planning and by now must be pretty close to finalising however our pay deal is at least not their priority. This should be at least quite high up on the list but something is telling me they have no intention of paying us anything meaningful as yet nobody from the business has came forward with anything. It is very obvious and should be acted upon immediately by CWU they will try to stall it as long as possible and then offer peanuts and backdated payment, many of us have already said it.
Simon's achievements so far as CEO is artificially pumped share price by lying to the public, investors and workforce only to offer huge one off dividend payments to major shareholders
Forced, badly designed revisions causing significant deterioration of quality of service as well as morale amongst frontline staff, resulting in above average sickness and increased costs.
He will in my opinion go down as a CEO during whose command quality of service reached the new lowest and is still going down.
As a result of all of the above as well as some investment banks and hedge funds able to read between the lines and shorting the stock, shares are about to struggle for unforeseeable future.
Well done