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KRviator
Moderator
Joined: Apr 23, 2005
Last Visited: Nov 19, 2008
Location: Cab of a 90 Class
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Posted: Fri Jul 11, 2008 8:34 am
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| long end wrote: | The knives have come out last few days at pacific national there is blood on the floor ,it is rumoured 260 middle managers have gone or going by friday they gutted the management ,there only 4 business groups and no separate management groups all business groups have to be self sufficient,,also talk there will be business group to be partly or completely sold off
cheers |
I don't often believe rumours, but in this case, I do. Mark Rowstrom (sp?) sent out an email to everybody by mistake and got the helpdesk to "recall" it. I don't remember too much about its' content, but it did talk about different business stratigies along the lines of the above. There's also been a half-dozen or so middle managers get the bullet up here this week. They were simply told they're now redundant, pack your things.
But if they really want to save money, listen to the crews. We whinge and complain about operational inefficiencies all day. We're the ones that have to do the hard yards to cover the mistakes of those we report to. And make people accountable for their mistakes.
Trainee Driver, Pacific National
Comments made are strictly the opinion of the author and do not reflect the opinions of the ADF, Pacific National, Freight Australia or the Boy Scouts of Antartica.
My fotopic gallery: http://KRviator.fotopic.net
Last edited by KRviator on Sat Jul 12, 2008 8:47 am; edited 1 time in total
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nutbagg
Assistant Commissioner
Joined: Feb 11, 2007
Last Visited: Nov 18, 2008
Location: In Willy Wonka's Chocolate Lake
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Posted: Sat Jul 12, 2008 1:25 am
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| KRviator wrote: | | long end wrote: | The knives have come out last few days at pacific national there is blood on the floor ,it is rumoured 260 middle managers have gone or going by friday they gutted the management ,there only 4 business groups and no separate management groups all business groups have to be self sufficient,,also talk there will be business group to be partly or completely sold off
cheers |
I don't often believe rumours, but in this case, I do. Mark Rowstrom (sp?) sent out an email to everybody by mistake and got the helpdesk to "recall" it. I don't remember too much about its' content, but it did talk about different business stratigies along the lines of the above. There's also been a half-dozen or so middle managers get the bullet up here this week. They were simply told they're now redundant, pack your things.
But if they really want to save money, listen to the crews. We whinge and complain about operational inefficiencies all day. We're the ones that have to do the hard yards to cover the mistakes of those we report to. And make people accountable for their mistakes. |
Doomsday! Beginning of the end. Knee jerk reactions like this do nothing except save a few dollars in wages, meanwhile the workers see their bosses getting the boot and morale reaches new lows. I'd expect to see a 'raft of new initiatives' soon along with cost cutting measures to improve the 'bottom line'. Wagon scrapping should recommence soon too.
KR when does management ever listen to the peasants? They're now all in damage control covering their rears waiting for the next blood letting.
And if I were you I'd be contacting my stockbroker monday morning too.
Not sure if there is any truth to the rumor but after the first half results showed Portlink to be a poor performer it was said that Asciano are looking to get rid of it.
Mate, if that loco pulls as hard as you do, it'd move anything.
I'd still rather have an ALCo.
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ShowMeTheMoney
Assistant Commissioner
Joined: Jul 31, 2006
Last Visited: Nov 18, 2008
Location: dot AU
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Posted: Sat Jul 12, 2008 5:39 am
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| nutbagg wrote: | | if I were you I'd be contacting my stockbroker monday morning too. |
Nutbag, will you be buying or selling on Monday?
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nutbagg
Assistant Commissioner
Joined: Feb 11, 2007
Last Visited: Nov 18, 2008
Location: In Willy Wonka's Chocolate Lake
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Posted: Sat Jul 12, 2008 10:36 pm
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| ShowMeTheMoney wrote: | | nutbagg wrote: | | if I were you I'd be contacting my stockbroker monday morning too. |
Nutbag, will you be buying or selling on Monday? |
If you think its a good buy go ahead, if you think transport stocks are a bad buy because of oil prices sell up or don't buy. I'm not here to provide you with investment advice only my opinion.
Disclamer: I do not own any AIO stock, nor intend too. There have I made it clear now?
Mate, if that loco pulls as hard as you do, it'd move anything.
I'd still rather have an ALCo.
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ParkesHub
Chief Commissioner
Joined: Jul 29, 2003
Last Visited: Nov 8, 2008
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Posted: Tue Jul 15, 2008 6:49 pm
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Down to A$2.79 at close today.
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ShowMeTheMoney
Assistant Commissioner
Joined: Jul 31, 2006
Last Visited: Nov 18, 2008
Location: dot AU
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Posted: Tue Jul 15, 2008 7:46 pm
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| ParkesHub wrote: | | Down to A$2.79 at close today. |
I know how being negative is anti-social, but it wont stop me me doing it! Here goes: And Then????
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Shacks
Ghanzel
Joined: Mar 03, 2003
Last Visited: Nov 18, 2008
Location: Sir Big Lens of the Distant (Signal) North.
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Posted: Tue Jul 15, 2008 7:59 pm
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| ParkesHub wrote: | | Down to A$2.79 at close today. |
How many shares did you grab PH ?
Would this have anything to do with the parent company seeling of Virgin Blue shares ?
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nutbagg
Assistant Commissioner
Joined: Feb 11, 2007
Last Visited: Nov 18, 2008
Location: In Willy Wonka's Chocolate Lake
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Posted: Wed Jul 16, 2008 12:23 am
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| Shacks wrote: | | ParkesHub wrote: | | Down to A$2.79 at close today. |
How many shares did you grab PH ?
Would this have anything to do with the parent company seeling of Virgin Blue shares ? |
Toll is giving its Virgin shares to its shareholders. Asciano and Toll do not have anything to do with each other (supposedly).
Mate, if that loco pulls as hard as you do, it'd move anything.
I'd still rather have an ALCo.
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ParkesHub
Chief Commissioner
Joined: Jul 29, 2003
Last Visited: Nov 8, 2008
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Posted: Wed Jul 16, 2008 8:11 am
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| Shacks wrote: | | ParkesHub wrote: | | Down to A$2.79 at close today. |
How many shares did you grab PH ?
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None, mate, my conscience forbids me to get involved with anything with a Toll history. Besides, if Bill Gibbins found out I had Asciano shares, he'd smash me!
| Shacks wrote: |
Would this have anything to do with the parent company seeling of Virgin Blue shares ? |
As nutbagg says, it's a different company but you can never tell, I guess.
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mjja
Sir Nigel Gresley
Joined: Jan 13, 2003
Last Visited: Nov 16, 2008
Location: Mount Waverley, Melbourne
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Posted: Wed Jul 16, 2008 5:12 pm
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Tell Bill you're trying to get a majority shareholding so you can kick Rowsthorn out and put him in charge of PN. 
Seriously, I wonder how Bill would go heading up a rail company...
Happy Gunzelling and remember, "Go by rail!"
Michael Angelico
President, Smart Passengers Inc
(My opinions are my own unless specifically stated.)
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ParkesHub
Chief Commissioner
Joined: Jul 29, 2003
Last Visited: Nov 8, 2008
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YM-Mundrabilla
Chief Commissioner
Joined: 0
Last Visited: Nov 19, 2008
Location: Finke CAR
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ParkesHub
Chief Commissioner
Joined: Jul 29, 2003
Last Visited: Nov 8, 2008
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mjja
Sir Nigel Gresley
Joined: Jan 13, 2003
Last Visited: Nov 16, 2008
Location: Mount Waverley, Melbourne
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Posted: Wed Jul 16, 2008 6:01 pm
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I might have known he couldn't stay retired...
Happy Gunzelling and remember, "Go by rail!"
Michael Angelico
President, Smart Passengers Inc
(My opinions are my own unless specifically stated.)
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ParkesHub
Chief Commissioner
Joined: Jul 29, 2003
Last Visited: Nov 8, 2008
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Posted: Wed Jul 16, 2008 6:05 pm
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| mjja wrote: | | I might have known he couldn't stay retired... |
...and he's shipping the magnetite by Freightlink using LFX containers!
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