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Old 18-03-2022, 18:02   #38
Hugh
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Re: P&O Ferries disgracefully make 800 British Workers Redundant

Quote:
Originally Posted by nomadking View Post
Was O2 or any of those other companies at immediate risk of otherwise going bust? Their rivals had already cut jobs at that point.


A business isn't going to do things this way, unless there are sound business reasons for doing so. Eg trying to avoid disruption because of inevitable strikes.
Going bust?

It’s parent company increased revenues and profits, according to its latest results…

https://www.marketwatch.com/story/dp...e-271646899806
Quote:
The Dubai-based logistics company said pretax profit was $1.35 billion compared with $1.08 billion in 2020.

Revenue rose to $10.78 billion from $8.53 billion the year before.
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