Nelsoncolne kummune i.t. (commmunity) is a community of people who like talking about technology, hardware, the cult of apple, current affairs, the internet, tv, robots, digital cameras, etc. It started with some people who used to live in nelsoncolne nelson colne, lancashire.
Wednesday, July 27, 2005
Time / Tiny Stores close as they no longer can accept Credit Card payments. Full details here.
"GMB union organiser Graham Coxon, who says over 500 people are likely to lose their job at Simonstone, told HEXUS that problems started to come to light about two weeks ago but that the GMB became directly involved last week. A union member in Granville's production department complained that he'd been told he'd have to go home and take the time off as holidays or he wouldn't get paid.
On Monday, the same employee and the rest of his department were told to go home, as were workers in the despatch and repairs departments. The employee told Mr Coxon that suppliers had stopped supplying parts and that banks were refusing to handle transactions from Granville's shops."
If you were told specifically to not work.. my first instinct would be.. a) maybe we don't have enough orders at the moment, but then again it is summer. b) my bosses are doing me a favour for paying me for not working It seems odd that banks [other than HSBC] would get so involved in saying whether the company can keep going..
The 'bubble' [of sales related to getting people onto the internet] seems to have properly burst.. .. Grant Thornton, the administrator, said management accounts showed losses of between £1m and £2m a month. The scale of the company's losses meant that it could not continue trading, Grant Thornton said.
"The group has fallen victim to the continued price deflation in the personal computer market," said Andrew Hosking, Martin Ellis and Les Ross of Grant Thornton. "These redundancies were therefore inevitable."
3 comments:
"GMB union organiser Graham Coxon, who says over 500 people are likely to lose their job at Simonstone, told HEXUS that problems started to come to light about two weeks ago but that the GMB became directly involved last week. A union member in Granville's production department complained that he'd been told he'd have to go home and take the time off as holidays or he wouldn't get paid.
On Monday, the same employee and the rest of his department were told to go home, as were workers in the despatch and repairs departments. The employee told Mr Coxon that suppliers had stopped supplying parts and that banks were refusing to handle transactions from Granville's shops."
If you were told specifically to not work.. my first instinct would be..
a) maybe we don't have enough orders at the moment, but then again it is summer.
b) my bosses are doing me a favour for paying me for not working
It seems odd that banks [other than HSBC] would get so involved in saying whether the company can keep going..
The 'bubble' [of sales related to getting people onto the internet] seems to have properly burst..
.. Grant Thornton, the administrator, said management accounts showed losses of between £1m and £2m a month. The scale of the company's losses meant that it could not continue trading, Grant Thornton said.
"The group has fallen victim to the continued price deflation in the personal computer market," said Andrew Hosking, Martin Ellis and Les Ross of Grant Thornton. "These redundancies were therefore inevitable."
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