Quote:
Originally Posted by Mr Banana
Oh, ok then, you clearly know better than them. Maybe you should get in touch with Mike Fries and offer your substantial financial knowledge to him, on a consultancy basis.
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Will do, thanks for the pointer, do you have his contact details?
---------- Post added at 09:15 ---------- Previous post was at 09:14 ----------
Quote:
Originally Posted by 1andrew1
Saying something doesn't make it correct, you need to prove it.
The employee numbers for Virgin Media Ltd per their accounts are:
31/12/2013 14,074 (Change +722)
31/12/2012 13,352 (Change +265)
31/12/2011 13,087 (Change -206)
So, there have not been thousands of net job losses. What are your figures?
---------- Post added at 23:33 ---------- Previous post was at 23:30 ----------
What is your business case that says they won't earn the money back? Their lenders have been convinced to the tune of £3bn that they are correct. VM have published their case and I've summarised it earlier in this thread.
---------- Post added at 23:34 ---------- Previous post was at 23:33 ----------
Cool, good luck.  |
A quick Google search is your friend. 2200 for instance. Huge numbers were laid off, even if they were replaced in other departments.
---------- Post added at 09:16 ---------- Previous post was at 09:15 ----------
Quote:
Originally Posted by qasdfdsaq
Nobody said net job losses. A net change of +700 doesn't discount the possibility they fired 10,000 staff and hired 10,700 new ones. There may be a net gain despite also having several thousand ****ed off unemployed people who got fired.
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Exactly right.
---------- Post added at 09:19 ---------- Previous post was at 09:16 ----------
Quote:
Originally Posted by 1andrew1
[/COLOR]What is your business case that says they won't earn the money back? Their lenders have been convinced to the tune of £3bn that they are correct. VM have published their case and I've summarised it earlier in this thread.[COLOR="Silver"]
---------- Post added at 23:34 ---------- Previous post was at 23:33 ----------
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Like I said, £3bn is small compared to the mass investment they would need to really expand. They are effectively plugging in the gaps of their network with this £3bn they have quoted.