Would the last one out please turn off the lights...

And companies that undervalue employees loose their best staff to better run companies, which is exactly what is happening at the club from the bottom up to the top.

 

All these petty cost cutting exercises are a good sign. It means the sale might be closer.

It's a bit like selling your house but not got your asking price. So you think '**** it' I ain't spending
another penny on this place.

 

They've been doing it for years though.

 

And that's a surprise? They are running it exactly as they said they would with regards to cutting uneccessary costs. It's what any good business would do. The way they do it and the rest of their approach is pretty shambolic. Stripping cost out is just good business practice. You should try working for a VC owned business - they do exactly the same thing.

 

Undervaluing employees by asking them to do more? Perish the thought. Work shy maybe?

 

They've been taking cost-cutting to absurd extremes for years. Allam Marine is the same apparently. You can't buy a new pen without running it past Ehab.

 

No one said anything about doing more, in fact with some people its quite the opposite.

 

I didn't say it was well run. I said they were cutting costs. They said that from the outset that that is EXACTLY what they would do. Yet some with short memories now seem surprised?

The rest of the way the club has been run is a shambles - as already has been stated. As you are so 'in' with all the key figures I'm sure they'll have told you chapter and verse why they are leaving.

 

I have worked for two VC owned business's and they were exactly the same.

 

Vietcong ?

 

Very crap.

 

Vertically Challenged ?

Did you work for Bernie Ecclestone ?

 

He means venture capital.

I work for a VC owned business also, I don't see people leaping from the parapet at quite the rate they are at Allam Towers.

Of course all businesses should cut unnecessary cost, but there are right ways and wrong ways to do that, and there's a line at which cuts become counterproductive.

 

Venture Capitalist.

 

A company that I left 2 years ago had a very high turnover of staff. I'd been with them for 10 years under various ownership.

The in joke was the revolving door and long service awards for anyone with more than 3 months service. That was a shambles.

I've just brought one of my former colleagues over and he had over 15 years service. You become desensitised to it as the **** becomes seen as 'normal'.

 

That may well be true in some businesses, but it's a bit of a broad statement to paint it as true across the board. Ownership by VC companies isn't something I'd portray as great, and I'd rather we weren't obviously, but certainly in the business I work for (which I've done nearly 15 years at, though we weren't VC owned when I started) the causes of people departing aren't generally related to who owns us.

 

didnt zola turn the job down because he wanted to bring all his backroom staff in, or did the club turn down zola because he wanted to change all the backroom staff??.....either way there appears to be vacancy's for them now. Maybe they can bring zola with them