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Old 14th Jun 2007, 19:38
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Icarus
 
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The voluntary severence package for BH and OMN staff had its deadline extended to October today and the addition of 'ticket entitlements' thrown in. So far it is rumoured that around 250 have expresed/registered their interest. It was also understood today that if this scheme does not achieve the required head-count then the salaries of the excess will be taken off GF payroll and paid by the holding company as no-one will be (can be?) managed out of the company.

Ah! So now we just get someone else to pay their salary, but keep them in-situ continuing to get in the way of progress, productivity, efficiency and (hopefully) profitability. Hmmmm...
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