RE: Common Sense5 Jul 2020 03:24
Well, if I'm wrong, I'll stand corrected. However, the timing of all things happening are all too convenient to put the blame on just one thing. Especially when every sensible investors are pulling out most of their investments just right before covid and a company like Capita which is under restructuring definitely do not provide sense of security to any investors. So, may be I am an idiot for not believing what is published is the reason for it to slump all the way down to post covid level. On the bright side, Capita have what they don't before covid and the fall you were mentioning, sales and contracts. Also if you compare the size of their company and job cuts due to Covid against other companies, 200 seems nothing. Also,.. undrawn credits available. If the company is fighting for survival, Covid is the best reason to cut more jobs. If you are a CEO, would you actually keep all your employees and let the whole organisation go under administration or would you rather lose weight to stay afloat? Unless they started drawings those undrawn credits or going under loan schemes from the government, I wouldn't worry too much. Well, still all we are doing here is voicing out an opinion. I'm not Johnathan Lewis. You're not either. We'll just have to enjoy the ride, wait and see what will happen in a month time. Yes, I do have the tendancy to not agree with what media is publishing. May be I am a complete idiot. Or may be I know smth what others don't. Afterall we are all sitting behind a screen and typing on a keyboard saying things what we think might happen. So,.... take a chill pill and don't let anyone get on your nerves.