There appears to be a certain amount of conjecture about the future of FLS at the moment. I was talking to an ex employee of FLS who was pretty well in the know!! FLS management have for years been telling the unions during pay negotiations that they are losing money and cannot afford a rise for the engineering staff etc etc....
So how come,all of a sudden,they claim they are owed so much money that,if they were paid it all they would be in profit!!
The figures quoted all appear a little wrong somehow..Let us conjecture a minute.
One ridiculous figure that has been muted was that the world owed them 50 million squids!!
Let's break this down to DC10 C checks:--
1 million per C check for instance means they are owed for 50 checks. Is this about 4 years work at Manchester?????
At the end of the day it sounds like more typical "British" management crap-- keep'em in the dark and feed'em bull!!!!.
LET US SURMISE---The parent company ARE pulling the plug let's face it. FLS have not made money since they started in the business and now they have to stand on their own 2 feet .I'm afraid the end must certainly be nigh. The advise to the engineers must be to get out quick. There will always be jobs for the engineers at the end of the day so don't worry lads and lasses... The management and upper echelons however may find that this doesn't apply to them! Oh dear, how sad, never mind.....
[This message has been edited by SchmiteGoBust (edited 09 September 2000).]