Today's letter from the Editor
£40000 - £65000 per annum + bonus + benefits + OT: Ampersand Consulting LLP: M...
£22800 - £33600 per annum: Randstad Education Manchester Secondary: The JobAt ...
£22800 - £33600 per annum: Randstad Education Manchester Secondary: Calling al...
£100 - £125 per day: Randstad Education Chelmsford: EYFS Teachers - East Essex...
i Editor's Letter: Humanity and generosity
Apparently, there was an old joke on global trading floors that UBS, stood for 'U've Been Sacked'. Sadly, for some staff in the London office of the Swiss banking giant this week, that joke turned sour; brutally so, when 100 fixed income traders turned up for work on Tuesday to discover, via their deactivated entry swipe-cards, that they had lost their jobs. (Others found out because their emails bounced back!) They were victims of the bank's plan to cut 10,000 jobs in a 'restructuring' of their division.
In the FT, Axel Weber, the UBS chairman, justified the manner of the sackings thus: "dealing with our employees in a respectful and adequate fashion means we cannot leave them in uncertainty about what is coming over the next three years". Blimey, what would 'disrespectful' look like? Mr Weber thereby achieved the well-nigh impossible: he made me feel sorry for bankers.
Over my career, I have – sad to tell – sat on both sides of the desk when an employer tells an employee they are being 'let go'. It is not easy to tell someone 'we are entering into a consultation period' over the future of a job you both know has already been 'disappeared'. But it's never as bad as being the poor stunned sod hearing it. Trust me.
I tried to be as humane as possible as the 'firer', and have been fortunate enough to work for people who did the same for me as 'poor stunned sod'. Of course, I still resent their not appreciating my indispensible brilliance, but humanity and generosity should be non-negotiable pre-requisites when you pull the rug of security from under someone's life.Follow @stefanohat
- 1 Canadian actor punched in face after 'Islamophobia' experiment goes wrong in wake of Ottawa shooting
- 2 Topshop at centre of row over body image as 'shocking' skinny mannequin photo goes viral
- 3 Top Gear presenter Jeremy Clarkson criticised for beer tweet
- 4 The bubble bursts for Sodastream
- 5 If you think Russell Brand’s new book is confused, you should read what his critics have to say about it