Stuntcock
Qf94 I remember back in 2005 at the SIT when we lost the SQ contract, 20 people made redundant , they picked mostly supervisors & acting DMM's on Division 1 super most of them were mid 50's ,although that was different management back then.
Most didn't want to go,but just about all of them walked away with well over $1 m in super + redundancy payout.
In 2005 at SIT the 20 redundancies were actually 100% voluntary (called compulsory). We couldn't get our paperwork in quick enough. The reason a lot of the guys that went were MS and DMM's was most were group 1 and therefore got a very handsome pile of cash. Even a lot of us in group 2 got some nice coin.
I'm pretty sure that the couple of rounds of redundancies in the following years were voluntary.
Pretty sad when so much loyalty, experience and dedication walks out the door by their own choice.