My department announced redundancies yesterday. Thankfully I escaped the chop this time. When I got home I had a letter notifying me of the dividends payable on my share options. The redundancies are an attempt to increase profitability. The board has a duty to their shareholders to maximise the return on their investment. I realised that some of the people informed of their imminent redundancy would have received dividend letters too informing them of their meagre portion of the profits. The board is therefore firing them as part of their duty to them as investors. That’s one fucked up irony.
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- 2009-07-02 @ 00:19:11
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- 2009-07-02 @ 05:53:20
Luck? Or hard graft?
Old-Nick
Pro

I have been avoiding redundancy here for years on and off, and am doing so now - doing nothing but getting paid.