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Oh dear…the worst thing that can happen when striking…losing the general public…keep striking boys…dipped my toe in last week,and will on further weakness..:-)
AngerSharkz. If a company makes over 750m pays out a big share dividend awards bonuses to management and embarks on a share buyback program before declaring they are losing 1m a day I’d consider that pretty creative wouldnt you? But like I say the overall out come will only be one of two and I’m cool with either! The area of the business I work in would probably be one of the first to get sold off/ outsourced and ironically is one of the most in demand sectors in the U.K. right now so I reckon ( in fact I know ) id be working again within 48 hours.
STD I mentioned the TP meetings the other day and I agree it looks like some sort of difference of opinion or did DW and the CWU exec team even know about the meetings he had I think it was more than one. When DW said the other day that he and the executive team accepted TW's explanation that sounded that obviously sounded like TW had been summoned to discuss his actions.
If TW was in any way considered a bit more pragmatic in his views around this well that is now lost unless he returns from sick leave. I think the letter to the business and the members will show the real intent including their response to the ACAS request. I dont see why there would be any need for VR particularly in DO's when we have many on here telling us how people are leaving in their droves and attrition rates must be running somewhere around 8%.
Unless the business can see a very quick cost benefit to VR I personally dont think anyone should be banking on that happening anytime soon.
I also think that there wont be an immediate decision on Vesa getting the go ahead, I think it may be a holding statement saying no fundemental reason why not but the government may want more input from OFCOM. If they have already covered the USO impact they could well say craack on DK but I suspect the former.
Apparently, during the last failed meeting (Thursday just gone) Dave Ward (according to some morning newspapers) was informed by Simon Thompson that the planned strikes, if they go ahead, WILL lead to job cuts.
Personally...I don't think the Board is joking.
As for Dave Ward and Terry Pullinger...what's going on here then? Pullinger - ill? Or perhaps its more the case that he is on 'garden leave'. Okay then - sidelined! And if so - why? Do we have a falling out among the Postal Executive? Did Pullinger, right from the very start (at that impromptu meeting with Vesa executives) understand just how serious Kretinsky was at perhaps trying to manuver himself into an outside chance of maybe having a shot at taking over RMG?
Because if that was behind Kretinsky's original thinking when beginning to accumulate his present holding...then it would seem that this outside chance has now materialized.
Pullinger, I believe, suspects (and has done for some time) just how dangerous this time around it is for the CWU and the posties. He, above all else, realizes just how fraught with disaster this strike action actually is. Did he have a falling out with Ward and co when trying to caution them of all this? Was the so called 'revelation' about his meeting with Vesa all that long time ago just an attempt to smear or discredit him because of his argument that the present situation needed to be handled more proportionately with the giving up or moderating of certain terms and conditions?
Whatever you tend to believe...it is all very peculiar to say the least.
Lots of people on here of late making lots of comments that make interesting reading. But there is only one game in town at the present...and its not the strike.
Its the table that Kretinsky sits at. And if you cannot understand that...then you just don't understand just how serious the situation is for every single employee in Royal Mail right now, here, at this very minute.
The Board aren't joking at splitting the company. And Kretinsky won't be joking either if he buys it.
"Either employees will end up getting a reasonable pay rise or they will get made redundant in the new year. Myself ( I work for RMG ) am not much bothered which! The creative accounting and scewed way the 1m a day is being reported is in my opinion in order to push down the SP making it even more attractive to Mr K and his takeover aims. So much talk on social media about how the GROUP is making money and proping up the letters side of things that’s been true for years but there are legal requirements to keep it going it’s a known expense! I didn’t vote in the ballot but I’m not gonna cross the picket line either."
Same situation as me Mark I'd didn't vote either and not bothered which.
Oh it’s gonna be a binary outcome for sure it will be one of those two outcomes. The union are talking much about that agenda for change agreement (2014) that was meant to put a stop to mass Lay offs but that had a clause in it that made it effectively null n void if industrial action was taken on a national scale. I know I’m probably in the minority of RMG employees but I’m just about sick of both sides of the argument
If RM cut jobs because of the average age of the postman I think their will get enough volunteers for redundancy’s only 17 people work in my office and 4 would volunteer to go 2 are 57 im 59and one is 63 .
Either employees will end up getting a reasonable pay rise or they will get made redundant in the new year. Myself ( I work for RMG ) am not much bothered which! The creative accounting and scewed way the 1m a day is being reported is in my opinion in order to push down the SP making it even more attractive to Mr K and his takeover aims. So much talk on social media about how the GROUP is making money and proping up the letters side of things that’s been true for years but there are legal requirements to keep it going it’s a known expense! I didn’t vote in the ballot but I’m not gonna cross the picket line either.
Copied and pasted from the times…will the postie even no about this..
Royal Mail has privately threatened to cut jobs unless the Communication Workers Union agrees to come to the table in an increasingly bitter dispute over pay an
Royal Mail has privately threatened job cuts if the Communication Workers Union does not agree to join the fray in an increasingly bitter dispute about pay and modernization of the 506 year-old service.
Sources said that the CWU has been issued with a “final warning” over jobs after it refused to join talks with Acas. On September 22, the mail operator offered to go to arbitration. Yesterday, talks between the two sides ended in a stalemate.
Royal Mail employs 115,000 postal workers as frontline workers. In August, the CWU called for strikes. It announced this week that it would continue industrial action for 19 more days over the next two-months.
The dispute centers around pay. The dispute has resulted in a 2 percent pay increase for employees.
A company that “needs to innovate” shouldn’t be giving out hundreds of millions in dividends to shareholders and then treat its employees like they are the problem.
WTF, I don't blame you for not selling your small holding during a cost of living crisis. We're going to need to grow our own fruit and vegetables to be sustainable.
I've got a small holding and will not sell, but these strikes are likely to bring an end to Royal Mail IMO. Trade unions love to kill businesses and industry when in reality it needed to innovate to stay alive.
No. But his cross-court exchanges will be just as hotly contested methinks.
The Ice-Man waits?
Björn Borg?
Discounting the unexpected Bank Holiday Monday, I make it 5 days left till the Secretary of Industry's decision regarding Kretinsky's wish to increase his holding. That makes it one more working week then.
My own thoughts? Secretary of Industry will put the temporary blocks on it...far too fierecly contentious a subject at the moment. He will probably make the point that both sides have to extinguish all avenues of mediation first.
But after all that if no resolution?
Then it will more than likely be game on.
Interesting times ahead most certainly.
Does not bode well for the CWU and us hapless posties.
The Ice-Man waits.
Sorry there is a typo above. The maximum length of a large letter is 353mm not 350mm.
so these posties will be the same ones who 33% felt the need to self-isolate at start of pandemic...two points: pay is a reflection of your time (if you're not at work, you don't earn) and RMG sick pay has evidentially been negotiated to more than statutory sick pay , otherwise my local posties wouldn't take off for weeks on end. Seriously, we are all taking a hit , don't be asses and screw your long-term employment.
The maximum dimensions and weights for a large letter are
350x250x25mm and 750g. If any of the dimensions or weight are exceeded it becomes a parcel.
The basic logic is that a large letter should be able to fit through the most common in standard sized letter box at the point of delivery so it should be cheaper to handle because the post person doesn’t have to wait for the addressee to answer or have to leave a something for you card etc.
For the real anoraks out there response service large letters can be up to 45mm thick, and large letters that are under 10mm thick posted by business customers are discounted because they can be machine sorted on large letter sorting machines.
anyway, anger I will bid you good evening as I have another conversation outside with my brick wall.....
may actually get a better conversation...
pmsl
A couple go back up. End of month adjustments?
https://shorttracker.co.uk/company/GB00BDVZYZ77/
anger thanks for your concern... I do not need anyone on here to tell me what to do... as for discussion that's why I come on but people like you result to insults.... perhaps you should get out of royal mail shares yourself as it is really getting to you ... sell up and cut your losses or follow kretinsky like his lap dog... he doesn't care about me, you or royal mail as he can afford to either increase or sell...another day in the office for him....
anger I will elaborate....24 days strike yet to be taken equals to a predicted£600m..... now be careful as you might have it as £1.2bnow as for the company losing £1m a day I will indeed elaborate... announced at the slow period in royal mail (AFTER GIVING AWAY THE CASH AND SHARE BUY BACK....) yes, they may lose £1m a day... compared to what day??? a day in November or December when they make over £3-4m per day or a day in any other period they wish to nominate.....
Well your doing a good
so there we go baby shark an actual investor that's probably made more money in the stock market than you have ever seen or lost... agreeing the bod are taking the **** out of the very people that made the money....
@ teslo...
thanks for that breath of reality.... unlike some on here...
i would say on some point though. yes, the small investors are not to blame but the big ones are in letting this go so far....
it's about fairness and not greed from our side.... the cwu know what we want and it's not utopia.... fair pay for fair days work... the days of doing nowt or as little as possible has gone well before I came into the company... I take the **** when goaded but really, I want everyone to smile and be content....