"We have implemented cost and cash preservation initiatives to mitigate the .."
"cost preservation initiatives" = Layoffs for the staff.
"cash preservation initiatives" = Bonuses for the board.
Capita, the UK's fave outsourcing badass, estimates revenues for the first half of calendar 2020 to be down by double digits due to contract losses and customers tightening their belts during the pandemic. The London Stock Exchange-listed outfit said today it has felt the squeeze across most of its divisions, and anticipates …
Biting the hand that feeds IT © 1998–2020