I think we can honestly assume this is the last gasp by a company of this size before they go under surely?
So how long do we give them limping along like this? Six more months? Twelve?
Should we start a major corporation-equivilant of the celebrity death list?
Quote:
| A beleaguered British Airways has shocked its 40,000 staff, asking that they work for free for a month in a bid to help the airline slash costs. The airline registered a record 400-million-pound loss last year, blaming soaring fuel costs and the global economic crisis for huge drops in passenger numbers and profitability. It has already demanded that its staff consider fewer shifts and hours, as well as offering unpaid leave as part of its efforts to stay afloat. But the Chief Executive, Willie Walsh, stunned his workforce yesterday by offering to forego a month of his own salary of 61,000 pounds ($124,961) and asking that his staff do the same as a strategy for "survival". |
Should we start a major corporation-equivilant of the celebrity death list?
