Reply to post: That's the idea silly? (!)

Virgin posts increase in profits and sales amid 900 jobs chop

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Paris Hilton

That's the idea silly? (!)

Most organisations don't like to sack, fire, get shut of people unless there is a deserving reason.

Employers prefer to employ rather than unemploy.

In general that is and I accept there are exceptions such as the relationship between a Tory guvmint and those it despises?

So when profits are threatened or cash flow imbalances make it difficult to turn a profit the directors have to do something. Sure, they could get reserves out of the bank and give them to fellow employees but that could lead to court action or dismissal from being a director.

I guess you know the rest?

Every organisation I worked for managed an increase in dividend to shareholders during or about a recession and yes, that did mean dismissing some staff. It is reality n'est pas?

Nobody likes it (in general and exceptions permitting) but that is how businesses stay in business.

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