Posted by aseanaero
If the workforce can be reduced from 35,000 Australians to 25,000 Australians and the other 10,000 jobs outsourced to Asia costs them HALF of what they are spending in OZ in simple terms they've saved about a half a billion dollars a year at a 10% return that's worth about $5 billion to the value of the company , they've doubled their money and will move on to the next investment opportunity.
The Clifford/Joyce plan doesn't stop at moving 10,000 jobs offshore - they want every job possible offshore which would mean the only Oz based jobs would be the essential customer contact staff at the terminals. I believe that more than 25,000 jobs will go which will have significant impact on the economies of many communities as well as reduced tax and superannuation available in the broader economy. The whole thing is driven by Clifford's lust for power and corporate greed by those around him.