I was going to say 5 floors might be too much I assume it’s a small office.
Bit like Target when it moved from its Geelong HQ to Melbourne. Went from the same sized office as Virgin to only 2 floors in an office building west of Melbourne. Efficiencies in technology and new office setups wiped two thirds of the office workforce.
There should not be anymore than a few hundred people needed at HQ. What on earth were all those people doing every day. Sweet FA it seems.
The only risk is talent is better in Melbourne and Sydney if they are chasing quality people on a global scale. Woolworths opened a cbd office for this very reason. They have been able to lure talent from the likes of Amazon and the Bay Area.
The issue with Virgin is the HQ talent they have is bottom of the barrel. Virgin is in urgent need of talent from other high standard operators that reside in the likes of Bella Vista. Especially on the Digital and Data front. Needed to be in Sydney. Those two things are incredibly important to get right.
PS too busy in bed with the Labor government. Better minds down south would have paid for itself. Better Business = Better People. Isn’t that what they are trying to fix?
Last edited by wheels_down; 28th Jul 2020 at 08:49.