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Old 24th November 2005 | 10:39
  #132 (permalink)  
autobrake3
20 Anniversary
 
Joined: Oct 2001
Posts: 173
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From: A25R
Yesterday, in his stand up speech in Lala land RW covered all the guff outlined in the year end report made to the city/shareholders. He then proceeded to cover his favourite subject of cost control stating that: 1) All office staff will have a pay freeze for three years. 2) Only the top 50 managers will be sharing large slices of performance associated bonuses and 3) Pilots and cabin crew should not be able to access bonuses as they can facilitate an increase in their pay by flying more should they wish to do so !!!!! I kid you not. He also promised shareholders that the profit return per seat sold would be increased regardless of fuel and other mandatory costs.

Today, in an e-mail to all staff, he has announced the redundancy of an estimated 50 staff. Funny how he didn't have the balls to include that in his speech yesterday. Nice way to end your tenureship. Happy Christmas to you too Ray.

Last edited by autobrake3; 24th November 2005 at 19:32.
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