As some of you may know, I work for one of the biggest engineering companies in the world. Over the past 2 years all they've been telling us is that we're struggling etc yet still send out emails saying how much money we have. At the moment, theres over a billion dollars in cash and we just announced a quarterly profit of $77.5 million, with half year profits at $149.9 million. Last years first 6 months we made $225.6 million ****ing ****s with all the pay freeze and threatening redundancies I ****ing hate them all
Aye, ****ing heard it Dougie! Trying to say oooh I was going to say the same joke because I'm cool just like you Nev. Dougie, you are a **** stain on the mattress of humanity ,ok>
the guy at the top has to show growth during a recession - or at least look as if he is doing something to keep profits from falling or he will get the boot. It's the fallacy of capatalism, you need constant growth and any sign of making less than expected profit will send the share price south, cost your CEO a few quid personally as he will have a **** load of shares and it may cost him his job.