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Private equity take-over for Virgin Australia?

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Private equity take-over for Virgin Australia?

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Old 28th Apr 2020, 03:05
  #221 (permalink)  
 
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One would expect Scurrah to be rolled. Being 12 months into the job and not knowing that the airline was as deep in the mire as is now being reported is not a good look. There really isn’t a place in the new Airline, in whatever format that will be, for the current CEO, CFO, COO and Board
If you look at the Byzantine structure of the airline with the laundry list of Holding Companies good luck to anyone understanding how it works. It would appear that every aeroplane has its own holding company attached to it. It is a very 'Virgin' company in that sense if you look how the parent company is organised in the Caribbean. You could come to the conclusion that it is designed that way so noone really knows how it works, let alone a new CEO 12 months into the job. Probably one of the reasons they brought back the original CFO he might know something.

No more numpty’s spending their days wandering from floor to floor in the Village chatting in cubicles and in meeting rooms. No more cake celebrations because somebody’s poodle turned 5 or somebody’s toddler did it’s first **** in a proper toilet. Productive work is profitable work. Things will have to change.
Very funny.
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Old 28th Apr 2020, 05:06
  #222 (permalink)  
 
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Originally Posted by Paragraph377
I dare say that a new ‘mean and lean’ structure will finally see the end of the rewards for mates who have been there from the beginning and it will see the end of a puffed up structure and created roles. Keep the structure clean and lean, pay the pilot group well and have an adequate safety and compliance group. If they are going to compete with JQ they are going to have to be streamlined. No more numpty’s spending their days wandering from floor to floor in the Village chatting in cubicles and in meeting rooms. No more cake celebrations because somebody’s poodle turned 5 or somebody’s toddler did it’s first **** in a proper toilet. Productive work is profitable work. Things will have to change.
And the colouring in competition award presentation at the weekly sausage sizzle for the Newfarm homeless
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Old 29th Apr 2020, 01:00
  #223 (permalink)  
 
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Speaks volumes for your characters gentleman rejoicing in people losing their jobs.
You have little snippets of 2nd hand information that you use your bias to try and turn into justification for your woes.
And you keep rinsing and repeating it here to make it stick.
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Old 29th Apr 2020, 01:42
  #224 (permalink)  
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Ozbiggles, finding a new job will not be an issue for a woke employee in charge of diversity at the village.

I don’t see any evidence of posters rejoicing front line/operational/key staff losing jobs.
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