AMD Ryzen news - release date, UK price, features and specifications
Reading media reports today, it would appear that BT engineers are considering strike action (possibly late June) due to grievances about their recent pay offer. If they go on strike, then there is a very good chance that the UK communication systems could be effected including the internet. BT's call centres would also be involved, as would the exchanges.
BT management seem to offer two statements at present. (1) "We are disappointed by the CWU's decision to call a ballot, but our door remains open" (2) Our final offer is, fair, realistic and more generous than those they have accepted elsewhere".
Is this another Millennium Bug rumour or something far worse?.
It would appear by the reports that one of the grievances is in respect of Ian Livingston, the CEO of BT, and his salary, bonuses and perks.
Last year he received a bonus of £1.2 million on top of his £860,000 salary, with other benefits that pushed his pay package up towards £3 million.
It was also mentioned that BT announced annual profits of more than £1billion.
The CWU deputy general secretary Andy Kerr said " This is about fairness". The workers were offered 2%.
of BT's offer because I don't know the full story. I was simply stating a fact - Industrial unrest is in the air, and will raise its head again and again before too long.
NOT very often im proud or happy to say us people of Hull & surrounding areas cannot use BT or any other company! BUT in this instance i am..IF BT had any issues over staffing levels that affected there BB for sure it would have any affect on us lot...good luck to you all, btw i hope you all have a lovely weekend
Upps i forgot to mention "Apart from Karoo" sorry
'It was also mentioned that BT announced annual profits of more than £1billion'...thiese figures are always quoted for those who have no comprehension of the cost of running a company. The 'profit' figure includes intangible assets, assumed advantage and 'profit' on the amount that building assets have notionally increased. It does not mean that there is a £billion resting in the bank doing nothing. The cost of running BT is a lot more than a £billion. The laws of fiscal relativity should be fairly clear.
Published profit does not equate 100% to liquid assets when applied to large or even small companies and in many cases, dues to continual operating costs, the physical profit can actually be zero yet the quoted profit for tax purposes, can be £squillions.
I think we perhaps all agree that it costs an hell of a lot of money to run and maintain the BT infrastructure, and profit or reserves are a survival factor, especially when that infrastructure is on the point of collapse (like the Royal Mail). But at the same time, and possibly a case here, is the general attitude of management,and this is not BT only. And as the FE as rightly stated "industrial unrest".
The general public and most business ventures go about their daily routines, accepting increased charges and perhaps poorer services on a daily basis. Yet at the same time bear the brunt of poor management techniques, because some of these manager's have a soft cushion to fall on, when times get far harder. Nothing like being told that you are the 'only' person for the job, to boost an ego trip.
If and when a possible strike decision is confirmed, then depending on how this is conducted, the whole country could be brought to a virtual standstill. The internet as taken over were the ink and pen left off, or when the checkout operator had to have a good standard of arithmetic.
If you look at the ten most essential commodities, then an interruption of any of them, could have disastrous results for the wellbeing of all. The workings of poor management can have far bigger consequences than a local terrorist attack.
The recent banker's saga as perhaps proven that, with a carry on as normal attitude that is still very evident from some quarters. Had it not been for the public on the whole, were would some of these banks or the employees be now. Perhaps expecting an insolvent economy to support them. The head banker's and no doubt certain top management should have had a severe waking, but some have still not considered that event. Bit like some MP's as well!.
Perhaps a way to prevent civil unrest is to return back to public ownership, some of these essential services?. (putting on flack jacket)
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