Say What You Like - But loosing all 3 of the top guys is not good
Hey loosing Dixon, Gregg and Borghetti basically in one go is pretty **** planning by the Board. Word is that the little Irishman is now running the top office in a culture of fear (code word "enagagement") and the board is beggining to wonder if the 3 New Amigos from Jetstar, Joyce, Hall and Buchanan are simply "one trick pony's"! Its one thing to live off the scraps of the parents for a number of years but where is the real growth?? JQ say its in international but any analysis shows that they have just managed to make the difficult skinny routes from Qantas work because of their lower cost base.
Apparently there is a real strategic vacuum at the top now that Gregg has gone and the Board is questioning Cliffords apaling treatment of both he and Borghetti. It was actually Gregg who stood up and told Clifford the BA merger was not a good deal for Qantas - another reason for his demise. The pressure is now on the 3 New Amigos to show that they can actually grow and build a business rather than cut, slash and sack!
I dont reckon its in their DNA! Some of the stories that are floating about concerning the jokes and laughter from the Jetstar mafia around the Excom table when all the sackings were forced on the managers - one of Joyce's Jetstar cronies gloating that it took 4 hours only to identify the 5000 who would be sacked, including individuals who's faces do not fit the new "young and focused" look.
Its not often you feel sorry for the QF senior managers but QCA is a pretty ugly place these days - get ready for "enagement" people!
Last edited by redhawk37; 29th Apr 2009 at 06:10.
Reason: typo