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Re: Virgin Media's Berkett paid £3.6m in 2009
Just like the bankers, there is something completely obscene about this.
Why should someone be "rewarded" for doing a job? Fine, they get a decent salary, but that should be it, no share options/bonuses.
Then of course we have the small matter that VM is still in several billion pounds of debt.
Another poster has said here that VM are in good shape, really? I don't see a company which has never made a profit, has huge debts and non existent growth depending on how many customers VM say they have on any one particular day. One minute its one number, and another minute its a totally different figure. 50k customers all of a sudden aren't real paying customers, or, there's another data cleanse and another 50k customers disappear or reappear, or whatever it is. Total shambles and certainly no one should be paid 3.6 million for that.
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