Quote:
Originally Posted by richard thompson
What i don't get is if 1500 people are made redundant, the employer will save some money. But don't those 1500 people then sign on and claim benefits or if they get another job keep someone else unemployed? Seems to me it's a waste of experience and training.
Richard
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Yes it means the 1500 are unemployed &
NOT paying taxes & NHS contributions and the tax payer has to pick up the tab.
This was a nationalised industry & profit was not the first criteria.
As a private company profit is No1