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The cull has started.

  • 05-02-2011 1:14am
    #1
    Closed Accounts Posts: 154 ✭✭


    I know that Fine Gael are promising 30,000 redundancies in the public service but I was heartened to see that TSB have started the cull of the bankers today.

    They intend to sack 300 people who have been responsible for the banks taking almost all of the income of the country.

    I look forward to the other banks following suit,


Comments

  • Registered Users, Registered Users 2 Posts: 11,907 ✭✭✭✭Kristopherus


    Are you just back from the pub???:confused:
    The only reason TSB are culling is to cut costs and put more people on the dole.


  • Closed Accounts Posts: 1,379 ✭✭✭Sticky_Fingers


    soden12 wrote: »
    I know that Fine Gael are promising 30,000 redundancies in the public service but I was heartened to see that TSB have started the cull of the bankers today.

    They intend to sack 300 people who have been responsible for the banks taking almost all of the income of the country.

    I look forward to the other banks following suit,
    Any source on that?

    As for sacking 300 people who they hold responsible, I wouldn't trust that shower of gangsters to tell me the time of day. More than likely there are a lot of average workers in that lot who had absolutely nothing to do with bank losses or even had a sniff of the big money. The big boys are going to look after themselves as always and throw the baying mob a few morsels to distract people while they make their getaway.


  • Closed Accounts Posts: 154 ✭✭soden12


    They obviously are useless staff members then...

    I look forward to the nationalised banks following suit.


  • Closed Accounts Posts: 19,986 ✭✭✭✭mikemac


    soden12 wrote: »

    They intend to sack 300 people who have been responsible for the banks taking almost all of the income of the country.

    Most likely staff on temporary contracts and front line staff.

    It's to cut costs, the executives and management will look after themselves


  • Closed Accounts Posts: 154 ✭✭soden12


    Any source on that?

    As for sacking 300 people who they hold responsible, I wouldn't trust that shower of gangsters to tell me the time of day. More than likely there are a lot of average workers in that lot who had absolutely nothing to do with bank losses or even had a sniff of the big money. The big boys are going to look after themselves as always and throw the baying mob a few morsels to distract people while they make their getaway.

    http://www.rte.ie/news/2011/0204/tsb.html

    They were all complicit. Just like all public servants were complicit.


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  • Closed Accounts Posts: 154 ✭✭soden12


    Most likely staff on temporary contracts and front line staff.

    It's to cut costs, the executives and management will look after themselves

    Ah the old "front line staff" canard. They sold the ****, they profited from the **** so they can suffer from the ****.


  • Moderators, Category Moderators, Computer Games Moderators, Society & Culture Moderators Posts: 8,601 CMod ✭✭✭✭Sierra Oscar


    soden12 wrote: »
    http://www.rte.ie/news/2011/0204/tsb.html

    They were all complicit. Just like all public servants were complicit.

    Lets get rid of the public service!

    :rolleyes:


  • Closed Accounts Posts: 154 ✭✭soden12


    Lets get rid of the public service!

    :rolleyes:

    Isnt that what they all want to do ?


  • Closed Accounts Posts: 19,986 ✭✭✭✭mikemac


    soden12 wrote: »
    Ah the old "front line staff" canard. They sold the ****, they profited from the **** so they can suffer from the ****.

    Yep, especially that one who lodges my cheques, her especially :pac:

    Have you ever started a thread that wasn't full of rage about banks?


  • Closed Accounts Posts: 5,234 ✭✭✭thetonynator


    soden12 wrote: »
    I know that Fine Gael are promising 30,000 redundancies in the public service but I was heartened to see that TSB have started the cull of the bankers today.

    They intend to sack 300 people who have been responsible for the banks taking almost all of the income of the country.

    I look forward to the other banks following suit,

    So i private company (not nationalised) puts 300 people on the dole, people who were just normal everyday workers, and you're heartened to see it?

    Sick.


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  • Closed Accounts Posts: 154 ✭✭soden12


    Yep, especially that one who lodges my cheques, her especially :pac:

    Have you ever started a thread that wasn't full of rage about banks?

    You don't have to respond if you dont want , unless of course you"re paid by the bwankers union ?

    My pay has dropped significantly due to bailing out the bwankers.

    I didn't get your bonuses but yet I have to pay for your losses. I worked from morning to night, I didn't have 10:00 openings, free gyms or subsidised loans but yet I and my friends have to pay for the bwankers greed and corruption ?


  • Closed Accounts Posts: 154 ✭✭soden12


    So i private company (not nationalised) puts 300 people on the dole, people who were just normal everyday workers, and you're heartened to see it?

    Sick.

    As a taxpayer I am guaranteeing the mistakes made by those morons.


  • Registered Users, Registered Users 2 Posts: 5,932 ✭✭✭hinault


    I think you will see the other banks starting to cut headcount as well in the next few months.

    It is logical to assume that there is over capacity in all of our banks now that the recession has kicked in.
    The banks are not providing credit to a great extent therefore existing levels of business are either stagnant or in decline.

    Banks are under pressure to try to minimise their losses (or maximise their profits).
    At a guess I would think that banks are having to provide more and more for bad debts on their loanbooks and this will add pressure to their bottom line.

    Unfortunately it will be the frontline staff in those banks who will bear the brunt of these cuts one would think.


  • Closed Accounts Posts: 5,234 ✭✭✭thetonynator


    soden12 wrote: »
    As a taxpayer I am guaranteeing the mistakes made by those morons.

    Permanent TSB is guaranteed, yes, but they have so far (afaik) not received ANY money from the state, and your attitude to 300 people - normal bank workers, not executives or anything - losing their jobs, is disgusting.


  • Closed Accounts Posts: 19,986 ✭✭✭✭mikemac


    Banks have high turnover anyway, a lot of young staff move on, go traveling, back to college or something else.
    And they don't get replaced

    The headcount is down already from two years ago, just you never see an announcement on this.
    Any replacements get put on fixed term contracts. And they'll be the first to be let go

    You won't find the top people among this 300


  • Closed Accounts Posts: 154 ✭✭soden12


    Permanent TSB is guaranteed, yes, but they have so far (afaik) not received ANY money from the state, and your attitude to 300 people - normal bank workers, not executives or anything - losing their jobs, is disgusting.

    The guarantee from me the taxpayer is worth more than its weight in gold. Time to get rid of these deadweight incompetent illiterate morons.


  • Closed Accounts Posts: 5,234 ✭✭✭thetonynator


    soden12 wrote: »
    The guarantee from me the taxpayer is worth more than its weight in gold. Time to get rid of these deadweight incompetent illiterate morons.

    What exactly is your point in this post?

    Who are the ''deadweight incompetent illiterate morons''?

    These are regular bank workers with normal lives, mortgages, families kids. They are losing their jobs and their income, therefore decreasing the governments tax take and increasing social welfare output. What do you have against people that happen to have a job in the only bank that could actually support itself without the government?


  • Registered Users, Registered Users 2 Posts: 5,932 ✭✭✭hinault


    Banks have high turnover anyway, a lot of young staff move on, go traveling, back to college or something else.
    And they don't get replaced

    The headcount is down already from two years ago, just you never see an announcement on this.
    Any replacements get put on fixed term contracts. And they'll be the first to be let go

    You won't find the top people among this 300

    Perhaps.

    A culling of staff numbers though will need to be carried out given the current
    basketcase banking entities that exist in this State currently.

    (I don't welcome ordinary staff losing their jobs........it's the top management and senior/middle management who divined and then help implement the reckless lending of the 2002-2007 who should be culled).

    The banks that the taxpayer of this State are supporting need to be made economically viable.


  • Closed Accounts Posts: 1,379 ✭✭✭Sticky_Fingers


    soden12 wrote: »

    They were all complicit. Just like all public servants were complicit.
    soden12 wrote: »
    As a taxpayer I am guaranteeing the mistakes made by those morons.
    Please put down that rather large paintbrush, your making a terrible mess of the place.


  • Registered Users, Registered Users 2 Posts: 666 ✭✭✭deise blue


    soden12 wrote: »
    The guarantee from me the taxpayer is worth more than its weight in gold. Time to get rid of these deadweight incompetent illiterate morons.

    I know that this is going to come as a disappointment to you but nobody is being sacked .

    What is being put in place is a voluntary redundancy scheme which hopefully will see a large number of long serving staff retiring on comfortable pensions.

    Your attitude to 300 people losing their jobs even in the circumstances I have outlined does you no credit - I can nearly smell the bitterness off your posts.


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  • Closed Accounts Posts: 5,234 ✭✭✭thetonynator


    Well that was some serious backtracking

    Especially considering they were posts from different posters . . :P


  • Closed Accounts Posts: 19,986 ✭✭✭✭mikemac


    Deleted, ignore me folks :o:o:o

    In my defence, it's 2am! Off to bed so


  • Closed Accounts Posts: 4 stepbar1


    deise blue wrote: »
    I know that this is going to come as a disappointment to you but nobody is being sacked .

    What is being put in place is a voluntary redundancy scheme which hopefully will see a large number of long serving staff retiring on comfortable pensions.

    Your attitude to 300 people losing their jobs even in the circumstances I have outlined does you no credit - I can nearly smell the bitterness off your posts.

    Even better .

    The taxpayer funds these incompetent illiterate morons and they retire on a comfy pension.

    Gee if I was a bwanker this would sound idyllic.

    Now matey - lets all look at our payslips and see how much they have dropped this year. This is to pay for the bwankers. This reduction means we have less to spend to support our local butcher, grocer, greengrocer, charity and the like.

    So thanks to illiterates incompetent morons we have to pay for their losses whilst they benefitted from the gains with SUVs, Spanish Villas and the like.


  • Registered Users, Registered Users 2 Posts: 5,932 ✭✭✭hinault


    Well that was some serious backtracking

    There's no backtracking involved.
    As I stated the senior and middle management of the banks who divined and then implemented the reckless borrowing 2002-2007 should be culled.

    However you seem to miss the wider point.

    The banks of this country are huge loss making entities.
    They exist at the benevolence and support of the taxpayer.
    The recession which has taken hold will make these huge loss making entities even more non-viable.
    To help stem these growing losses costs will have to be implemented.


  • Closed Accounts Posts: 19,986 ✭✭✭✭mikemac


    hinault wrote: »
    There's no backtracking involved.

    However you seem to miss the wider point.

    Sorry, I actually agree with you.
    I meant to quote the OP and quoted you instead, my mistake with that multi quote function


  • Registered Users, Registered Users 2 Posts: 666 ✭✭✭deise blue


    stepbar1 wrote: »
    Even better .

    The taxpayer funds these incompetent illiterate morons and they retire on a comfy pension.

    Gee if I was a bwanker this would sound idyllic.

    Now matey - lets all look at our payslips and see how much they have dropped this year. This is to pay for the bwankers. This reduction means we have less to spend to support our local butcher, grocer, greengrocer, charity and the like.

    So thanks to illiterates incompetent morons we have to pay for their losses whilst they benefitted from the gains with SUVs, Spanish Villas and the like.

    No matey of yours thankfully.

    You seem to be part of a thankfully small minority of people who feel that all bankers are somehow complicit in what has befallen our Banks - this is not the case , all the crucial ill fated decisions were made at the very top and these are not the the people who are being targetted by this voluntary redundancy scheme.

    SUVs , Spanish Villas - gimme a break - talk about generalisations , get the chip off your shoulder.


  • Closed Accounts Posts: 138 ✭✭aftermn


    Redundencies in our banking system are going to increase, an unfortunate fact of life for those employed therein. Downsizing of the banks will inevitably lead to downsizing of staff numbers.

    How anyone can rejoice in this is beyond me.


  • Closed Accounts Posts: 4 stepbar1


    deise blue wrote: »
    No matey of yours thankfully.

    You seem to be part of a thankfully small minority of people who feel that all bankers are somehow complicit in what has befallen our Banks - this is not the case , all the crucial ill fated decisions were made at the very top and these are not the the people who are being targetted by this voluntary redundancy scheme.

    SUVs , Spanish Villas - gimme a break - talk about generalisations , get the chip off your shoulder.

    Gee. Just like Nazis - always someone else. So the average bwanker didnt start work at 10am, didnt have free gyms, didnt have subsidised car loans, didnt have subsidies mortgages ?


    I know quite a few bwankers who have second properties.


  • Closed Accounts Posts: 5,234 ✭✭✭thetonynator


    stepbar1 wrote: »
    Gee. Just like Nazis - always someone else. So the average bwanker didnt start work at 10am, didnt have free gyms, didnt have subsidised car loans, didnt have subsidies mortgages ?


    I know quite a few bwankers who have second properties.

    Firstly, the bank opens at 10am, doesnt mean they dont start work til then. Also, a company gets a special deal with a local gym, big deal?:confused:

    Subsidised mortgages do not happen (in the case of any of the 3 people i know working in banks) and even if they did, if you worked for a shop and got 10% off everything in the shop, should you lose your job for it?

    And i know quite a few people in lots of other professions who have 2nd houses too. The % of bankers who caused this crisis is miniscule compared to the amount of standard tellers in your average branch.


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  • Registered Users, Registered Users 2 Posts: 666 ✭✭✭deise blue


    stepbar1 wrote: »
    Gee. Just like Nazis - always someone else. So the average bwanker didnt start work at 10am, didnt have free gyms, didnt have subsidised car loans, didnt have subsidies mortgages ?


    I know quite a few bwankers who have second properties.

    Bitter to the Nth degree.

    You foolishly assume that because Banks open at 10 am bankers start at that time , the employees working day is from 9.30 to 5.30 or from 9 to 5 - you do know that there is work that has to be done outside of customer banking hours ?

    No they don't have free gyms - they do however receive a taxable contribution towards gym membership which defray some of the cost of such membership.

    Since the introduction of benefit in kind there is no financial benefit derived from staff beneficial car loans or mortgages - all staff now receive such loans or mortgages at the current Market rate.

    I know butchers & grocers with 2nd homes but let us not make the lazy assumption that all bankers , butchers & grocers own 2nd homes.

    As for your comments about Nazis - pathetic.


  • Posts: 0 [Deleted User]


    Stepbar1 and soden12 banned for being the same person.


  • Registered Users, Registered Users 2 Posts: 3,934 ✭✭✭RichardAnd


    Another puerile thread that has only been started because the OP is either a fool or because he is a bitter and twisted individual that believes 300 people loosing their jobs can be a good thing.

    I've reported this thread to the mods.


  • Registered Users, Registered Users 2 Posts: 749 ✭✭✭waster81


    lol you going to report all the threads started by bitter twisted individuals on the public service too or is just what ones you dont like!


  • Closed Accounts Posts: 5,234 ✭✭✭thetonynator


    RichardAnd wrote: »
    Another puerile thread that has only been started because the OP is either a fool or because he is a bitter and twisted individual that believes 300 people loosing their jobs can be a good thing.

    I've reported this thread to the mods.

    The mods had banned the OP and his spare account 9 hours before you reported it!


  • Banned (with Prison Access) Posts: 1,183 ✭✭✭almighty1


    waster81 wrote: »
    lol you going to report all the threads started by bitter twisted individuals on the public service too or is just what ones you dont like!

    There would be alot of reporting.

    When I seen the title "the cull has started" I hoped it was in relation to all the negative, complaining, whinging posts spread across the whole Politics forum.

    Where everybody thinks they have got the shortest straw or the bum deal in life, an feel that inflicting their pessimism and negativity on an internet forum is the best thing they can do.

    Lighten up everybody.


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  • Closed Accounts Posts: 11,299 ✭✭✭✭later12


    stepbar1 wrote: »
    Even better .

    The taxpayer funds these incompetent illiterate morons and they retire on a comfy pension.

    Gee if I was a bwanker this would sound idyllic.

    Now matey - lets all look at our payslips and see how much they have dropped this year. This is to pay for the bwankers. This reduction means we have less to spend to support our local butcher, grocer, greengrocer, charity and the like.

    So thanks to illiterates incompetent morons we have to pay for their losses whilst they benefitted from the gains with SUVs, Spanish Villas and the like.
    PTSB have not been bailed out, they didn't lend to commercial property developers, they don't send loans to NAMA, they didn't eat your pay cheque. Referring to ''bwanker'' is just infantile, it probably wouldn't be so ridiculous if it was either funny or original.


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