Raw Capitalism.

         I'm always surprised when people are shocked when companies take every opportunity to cut wage bills and increase profit margins. After all, that is the basic mechanism of capitalism. Increase market share, reduce costs and increase profit margins, its what they do. We should all have seen the wonderful opportunity that large companies would have through Copvid19 crisis. It would be a case of gloves off and get tore into raw capitalism. Grasping every opportunity to reduce wages and slash working conditions, and say with sad eyes, as if they cared about the staff that they have milked for years, how difficult these decisions are. Basically they don't give a shit about their workers and would gladly dump the lot if they could mechanise all their operations.

The following extract is from a BBC news article:

       British Airways staff who have accepted voluntary redundancy say they had felt "forced" into it. BA wants to cut 12,000 job roles and says 6,000 staff have volunteered.
       Carol - not her real name - said BA had told her if she did not accept the offer of voluntary redundancy she would have to apply for a job and if she did not get it she would only receive a statutory redundancy payout. She says the airline's conduct was "a slap in the face".
      Carol, who had worked for BA for 23 years, told the BBC: "They [BA] said 'If you don't take the offer, you'll go into the fire-and-rehire phase', but if we aren't hired, we'll get only statutory redundancy."
      Those BA cabin crew who did reapply for their jobs on a new contract are expected to find out later on Friday whether or not they lose their jobs. Carol, who worked on the long-haul fleet, said it was a foregone conclusion that the airline would not re-hire older cabin crew members.
      "Even before I had accepted the voluntary redundancy offer, I had a message on my roster from BA: 'Thank you for your service. Good luck'. That is all I got from them after 23 years.
       "It's a slap in the face, but it shows they knew who they were getting rid of," she said. She says she will be forced to sell her home since her redundancy payment won't cover her mortgage. "It's actually age discrimination, we were forced out."

Read the full article HERE:
       I have every sympathy for those who find themselves moving along on the end of a corporate boot, it's called capitalism.

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