PPRuNe Forums - View Single Post - QF Group possible Redundancy Numbers/Packages
Old 26th Jun 2020, 08:38
  #505 (permalink)  
blubak
 
Join Date: Dec 2004
Location: melbourne
Posts: 787
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Originally Posted by ozbiggles
I have professional respect for Joyce (I am a shareholder after all!). We have seen he will take the hard decisions for the company and that is the point. Like all business, Qantas is just that. You could be the pope himself working for any company but if the CEO needs to cut you he/she will. I question however whether anyone is worth 24 million a year who then goes onto say we need to make cuts to be viable.
Anyway we must all face forward and continue making progress...just remember the brace position.
How much has he devalued the company by today with a 9% drop in the share price.
I would rather have my money in the bank earning 1% as opposed to letting someone gamble with it & having no obligation to repay it when suddenly its not there any more.
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