RE: Still8 Jan 2021 14:06
So what do you want them to do, keep lumbering on paying staff and costs and have to do a raise like TUI which caused a big plummet today? You can make money two ways - sell more or save more. They looked at the conditions and said save more will impact better than not being able to sell more. It isn't a bad move - it is one tiny part of their global operations. Check their past statements - they were going to get a huge job retention bonus in January, they get a lot of their contracts paid out whether they run people around or not. Coach and UK is a small part of NEX. This is the best thing they could have done.