Friday, 30 May 2008

Jobs for The Boys, Northern Rock Style!

What the hell is going ON? Am I going barmy or what?

I understood that as part of restructuring, staff numbers at the infamous Northern Rock Bank were supposed to be slashed from 5,400 people to aproximately 3,400 by 2011, with most jobs going this year.

Yet apparently a memo has been uncovered which says the recently nationalised Northern Rock is set to increase the 176 full time workers in the debt management arm, to 444 by the end of March next year.

The memo suggests the troubled bank is expecting to see a big increase in the number of people having trouble paying their mortgage, so it needs to increase the workers to meet the demand.

Christ! Talk about preying on the disadvantaged. It seems its a case of one rule for us, another rule for them. I wonder who'll be getting the jobs? Maybe I'm a little cynical, but I see nepotism on the horizon.

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