And another ‘household name’- Close Brothers - a bank. They were big in the printing world. You borrowed the money to buy your Heidelberg and other presses , few questions asked as the asset held its price .
They are shedding 25% of their staff , 600 people to lose their job over the next year +, down to their exposure to the car financing compensation claims.
So if you want your £600 ? or so money back, even though we all knew about commissions , someone will lose their job !
Sure Ai will also have been a reason , so no need to feel too bad !
MM
PS An extended family member with a small but highly profitable company has outsourced/offshored most of his office functions to the Philippines and Ai ……troubles ahead ?!
