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Sky Breaking: Network Rail To Axe 1,800 Jobs Across U K

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http://uk.biz.yahoo.com/090827/140/ipuiy.html

Financial News

Thursday August 27, 05:36 PM

Network Rail To Axe 1,800 Jobs Across UK

By Sky News 2009

Network Rail To Axe 1,800 Jobs Across UK

Click to enlarge photo

Network Rail has announced plans to axe 1,800 jobs as part of a move to reduce costs.

The rail operator has told staff that more than 15% of maintenance workers will have to go.

A Network Rail spokesman said the cutbacks would take place between now and April 2011.

He insisted the operator would try to redeploy as many of those affected as possible.

He said: "We are looking at restructuring our maintenance function to make it more effective in the way we carry out our operations.

"We are just starting on consultations with our people and the union.

"We haven't identified any specific roles as yet."

_____________________________________________

"We have never known a situation where, in a situation of rising unemployment, house prices have risen. It is simply inconceivable to imagine such a situation other than in the wistful imaginations of those with a heavy vested interest in trying to persuade the buying public that the laws of economics have been suspended."

I agree

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http://uk.biz.yahoo.com/090827/140/ipuiy.html

Financial News

Thursday August 27, 05:36 PM

Network Rail To Axe 1,800 Jobs Across UK

By Sky News 2009

Network Rail To Axe 1,800 Jobs Across UK

Click to enlarge photo

Network Rail has announced plans to axe 1,800 jobs as part of a move to reduce costs.

The rail operator has told staff that more than 15% of maintenance workers will have to go.

A Network Rail spokesman said the cutbacks would take place between now and April 2011.

He insisted the operator would try to redeploy as many of those affected as possible.

He said: "We are looking at restructuring our maintenance function to make it more effective in the way we carry out our operations.

"We are just starting on consultations with our people and the union.

"We haven't identified any specific roles as yet."

_____________________________________________

"We have never known a situation where, in a situation of rising unemployment, house prices have risen. It is simply inconceivable to imagine such a situation other than in the wistful imaginations of those with a heavy vested interest in trying to persuade the buying public that the laws of economics have been suspended."

I agree

but they're keeping management back-office staff on in order to maintain useful day to day functions like planning make-believe high speed lines in time for the next labour govt

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Interesting....

Yesterday - give us 34 billion to build a new rail line (How much will the 34 billion become by the time the project is a quarter of the way through?) on a 150 year old technology.... should be Mag Lev but that is another story...

Today - we are firing 1,800 staff.

Incredible!

How many flights will 34 billion pay for?

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Not had a big crash in a while, so perhaps they can get back to cutting corners like Railtrack.

Seriously though, house prices up, stock market up (though not today) and the BoE printing like mad. Fancy that.

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What does this mean for rail safety ?

might not mean a thing as service subsidies are likely being cut, and therefore less trains, so less wear

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But surely increasing unemployment indicates that the green shoots of recovery are here, less jobs, more profit, healthier business, isn't that what is taught to MBA's?

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Interesting....

Yesterday - give us 34 billion to build a new rail line (How much will the 34 billion become by the time the project is a quarter of the way through?) on a 150 year old technology.... should be Mag Lev but that is another story...

Today - we are firing 1,800 staff.

Incredible!

How many flights will 34 billion pay for?

Public transport infrastructure should not suffer during a recession, especially with an energy crunch looming.

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Public transport infrastructure should not suffer during a recession, especially with an energy crunch looming.

34 billion?

Hmm, how much will that Trekkie transporter cost to invent? All you need a couple of linked P4 PCs, a big hard drive and a copy of paint shop pro :blink:

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but they're keeping management back-office staff on in order to maintain useful day to day functions like planning make-believe high speed lines in time for the next labour govt

uh hu :angry:

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Public transport infrastructure should not suffer during a recession, especially with an energy crunch looming.

arguably it's not really infrastructure, at this scale, as opposed to malinvestment

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Hmmm

I work for Network Rail and had an interview on Monday for a track maintenance engineer role with the maintenance function. The interview lasted 90 minutes, 30 of which pertained to technical knowledge, the other 60 was spent discussing initiatives for cost cutting and how I would deal with section managers who had worked one way for 25 years and refused to change.

Think I'll steer clear now. :lol:

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But surely increasing unemployment indicates that the green shoots of recovery are here, less jobs, more profit, healthier business, isn't that what is taught to MBA's?

:( There is no weeping icon.

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He said: "We are looking at restructuring our maintenance function to make it more effective in the way we carry out our operations.

= we are going to get more idiots with fake certificates to maintain our network on the cheap.

Oh dear

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And just to add, there are construction and maintenance standards which must be complied with at all times, these cuts will not affect safety.

Safety = filling out forms to say things have been done according to procedure.

This is a recipe for disaster. It has happened before in recent history.

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"We have never known a situation where, in a situation of rising unemployment, house prices have risen. It is simply inconceivable to imagine such a situation other than in the wistful imaginations of those with a heavy vested interest in trying to persuade the buying public that the laws of economics have been suspended."

I agree

That would be staglation, right hands up who had stagflation, give yourselves a point.

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