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Qantas to Axe 100 Senior Execs

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Old 23rd Mar 2009, 02:50
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Qantas to Axe 100 Senior Execs

Sometime around Wednesday or Thursday an anouncement will be made regarding the axing of 100 senior Qantas executives.
AJ and his team have been busy
Qantas to axe top execs: report
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Old 23rd Mar 2009, 02:55
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Cox is leading the way.
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Old 23rd Mar 2009, 03:08
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Dixons Escape

Dixon escaped with his golden handshake.
Executive payouts are under scrutiny.
These trough feeders hopefully will not leave with the same obscene package
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Old 23rd Mar 2009, 04:53
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speaking from the corporate world...every now and then, there is the need for an enema....this recession/financial crisis is just that....now, hopefully with the expected requirement for all executive pay > 1 year's base salary (or whatever) to be shareholder approved...this is only a good thing. I've been to a few AGMs where the mum-and-dad shareholders almost had a heart attack when they read the remuneration note and the chairman had to stand there and explain why one person should get paid x% of the total net profit for the year
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Old 23rd Mar 2009, 05:14
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Hopefully Kumar is on the list.
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Old 23rd Mar 2009, 06:14
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Please God, Amen.
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Old 23rd Mar 2009, 06:26
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New Blood

For any business to move forward it requires new blood and new ideas.Qantas in particular has been crying out for a new direction for about five years.Many stayed too long because it was easy money where no new ideas were required
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Old 23rd Mar 2009, 06:44
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New blood & new ideas have been the cause of the problems in QF.

There is no industry knowledge with these lot, just random swipes at departmental
budgets, that need the funds to make the company function well. All in an effort to
support the bonus driven culture. Not good for anyone except the short term ladder climber.
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Old 23rd Mar 2009, 06:45
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Only 100 Deadwood Execs

I cannot believe that Qantas can only find 100 Execs that can be declared 'deadwood'. I would have thought most of the Execs could be escorted out of their offices by security and the result would not impact on the operation. The cost savings just in bonuses would be substantial.
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Old 23rd Mar 2009, 06:48
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Originally Posted by prunezeuss
For any business to move forward it requires new blood and new ideas.Qantas in particular has been crying out for a new direction for about five years
Not so sure about that.

Jetstar; the potential spin-off of frequent Flyer; separate company for aircraft ownership/lease; potential spin-off of freight; potential semi-autonomous MRO; spin-off of Airports.

All those ideas are recent, and worth looking at.

Looks like evolutionary change can work.
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Old 23rd Mar 2009, 07:43
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Re Read My Post

The ideas at Jet*are new.
Management is new at Jet*
For godsake Jet* is new.How old is it? Five years?
In a nother few years it will be time for Jet* to experience mangement renewal.
Qantas management have been in place for ten bloody years.Too bloody long.
Where in my post does it say that new ideas have been the cause of QF problems.?
The" LACK" of new ideas and management have caused the problems.
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Old 23rd Mar 2009, 08:34
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PZ,

Renewal is not a bad idea but who says that an 'old' management can't have bright ideas? Also, at times of so-called renewal, valuable corporate memory is purged at the same time. So often many of us have seen whizz-kids come along in the guise of renewal to try to reinvent the wheel only to find that what they are setting out to do may have been examined ten years previously only to find that it was unworkable.

Old heads are wise heads so until you get older and wiser, maybe you should pull yer had in! Some of the best things to have happened at Qantas and other iconic Australian companies have been the product of the minds of the old and wise. Qantas's problems stem mostly from some very intransigent unions.

Next?
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Old 23rd Mar 2009, 09:14
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Intransigent Unions?

Whenever the company got into trouble due to SARS or 911 the unions were called upon to freeze wages and in some cases reduce manning levels.On each occasion they stepped up to the plate and gave management what they asked for with the promise that the workforce would be rewarded when things improved.
When things did improve Dixon laughed at how naive the unions were to believe in what was promised.
Like the current situation employees bore the pain while management gave themselves a payrise.
Ken Borough your views and opinions border on the fascist.
Not only should you pull your head in you should first pull it out of Malcolm Turnbulls clacker.
Qantas now has an opportunity to re invent itself and re establish the traveling public's trust.Qantas hasn't had any wise minds or creative thinkers for the last decade.The airline was taken over by a bunch of morons with no skill set to run an international airline.
John "Tubby"Ward and his team were the last management group Qantas had that knew how to run the place efficiently and effectively.
The lot that we have had for the last ten years were merely dysfunctional pretenders who were motivated solely by the creation of executive wealth.
In this and only this were they successful.
The short mens club has been disbanded...a cause for a huge celebration amongst the men and women who are the Qantas family...the shop floor employees

Last edited by blackguard; 23rd Mar 2009 at 09:37.
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Old 23rd Mar 2009, 10:44
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Originally Posted by prunezeuss
Around Wednesday or Thursday there will an announcement made regarding the removal of around 100 senior Qantas execs.Among the names will be Grant,Taranto and Webster.
Very specific info there prunezeuss, you will look pretty silly if it doesn't come to fruition.

Last edited by twiggs; 23rd Mar 2009 at 11:59. Reason: added an s. btw no deal, you can just look silly
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Old 23rd Mar 2009, 11:01
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Twiggs..A Proposition

If I am wrong I will apologize and withdraw in shame forever from PPrune.
If I am right I will expect you to do the same....Deal?
BTW its Prunezeuss....two Ss
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Old 23rd Mar 2009, 11:11
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David Coates included?
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Old 23rd Mar 2009, 12:15
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prunezuess,

I certainly hope you are right as it would see the end of the both the BA and Air NZ/Ansett factions.

Morale amongst cabin crew would go through the roof.

Too much to hope for me thinks.......
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Old 23rd Mar 2009, 12:29
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Here in Engineering, we have fewer peoplethan 5 years ago, yet we have more managers................

Its about time - I just hope the list extends our way................
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Old 23rd Mar 2009, 16:29
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It's common for narcissists in management to add at least one layer of management to insulate themselves from having to deal with the "little people" at the coal face who always pour the cold water of experience on the fantastic schemes the narcissists dream up.

By way of example, could someone please tell me the difference between an "executive general manager", "group general manager" and a plain old "general manager"?
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Old 23rd Mar 2009, 19:44
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you are right,

sunfish. when James S took over QF, cabin crew we had about 1/5th of the current managers. since LG took over, her and JB have added several GMs plus another 3 layers of managers including base management at off/onshore bases. QF cabin crew management has increased fivefold and management wages have exploed under LGs rein. 100 senior excecs is by far not enough to clean out the QF mess. One can only recommend to Aj to consult more with the shop floor to move forward.

what is the difference between an excecutive GM,group GM and GM? simple MONEY (and lots of of it) and POWER
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