Last year, Telecom screws over its engineers. Decides to make them dependent contractors. EPMU wins real jobs for most of them. Better contract conditions for others. But a sh*tload of experienced engineers say screw Telecom and leave the industry.
Then the faults start. XT becomes a laughingstock. Customers leave in droves.
Next, profit warning. Telecom reduces its outlook for the next three years. Revenue’s in the toilet. The solution to the problem created by treating workers like crap and looking for cheap solutions? Fire 200 workers. And asset-strip some more with fire-sale of AAPT.
Telecom: model of failed privatisation.