Originally Posted by
JliderPilot
..... the company was worth saving but ....
... not with its present Management, maybe? (IMHO)
Trouble is, who would risk taking it over on the basis that all the senior management were removed and that there would still sufficient skill and knowledge to resolve the issues and bring it back to profitability in a short time? Looking at the BBC website and the half-yearly figures reported over the past few years, there is a dramatic plunge in financial performance over this year. So what happened and why, were there no warning signs to The Board and why was no drastic action taken to try to halt the plunge downwards? Were those at the top just taking as much as they could, aware that the inevitable was going to happen soon?