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Monarch shoot themselves in the foot

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Monarch shoot themselves in the foot

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Old 13th May 2010 | 11:44
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From: london
Monarch shoot themselves in the foot

I have just been chatting to a old RAF chum who now is quite well placed at MAEL, he was teling me the recent" headcount reduction process" at MAEL has been a bit of a disaster it appears when they announced the redundancy they never expected so many to volunteer to go and have now lost a lot of their best people.
As he put it basically we have paid our best and ablest people whom we spent a fortune training to leave and join rival companies whilst being forced to keep the people we had hoped to ditch...oh dear, looks like there wasnt a lot of joined up thinking going on there
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Old 13th May 2010 | 11:53
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From: Sydney
lol ive heard that story a few times now....
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Old 13th May 2010 | 13:07
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From: oop north
If i were the CEO of monarch engineering i would be looking at a head- count reduction among some of my senior/middle managers, the company is being ruined by them by all accounts ,a friend of mines been there for thirty years and in his words the lunatics are now firmly in control of the asylum

Great shame as they were until quite recently a well run outfit who were good to work for, not any more it appears
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Old 14th May 2010 | 04:01
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I feel sorry for the guys who are left trying to pick up the pieces.
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Old 14th May 2010 | 08:41
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Sound like a load of rubbish, as VR is subject to approval on an individual basis. Therefore, surely they accepted VR applications from the "people they hoped to ditch" and denied applications from the best?

Unless only the best applied for it?
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Old 14th May 2010 | 09:12
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Which is how stuff like this often turns out, unfortunately! The good ones know their worth, and will happily take the money and run to somewhere else that suits their wants and needs. The rubbish ones duck and hide, and wouldn't dream of offering themselves up for a cull. C'est la vie!
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Old 14th May 2010 | 09:35
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Therefore, surely they accepted VR applications from the "people they hoped to ditch" and denied applications from the best?
I imagine amongst the "people they hoped to ditch" were the people earning the higher salaries (and most likely the more experienced).
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Old 14th May 2010 | 20:03
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From: Oop North
Sounds just like all the redundancy programmes I've had the pleasure of being involved in
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