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Topic History of: According to the Mirror Max. showing the last 5 posts - (Last post first)
Author
Message
Walter Sobchak
This is what the Media Guardian had to say. The key para concerns returns, down from 42% to 16% !
Hands, whose company Terra Firma bought EMI last year for
DJones
These profits are only a very short-term effect. The picture will change soon, if the (direct and indirect) costs of the downsizing are included in the numbers.
dixie
Not sure you're right in the reasoning.
The job-loss saving won't have kicked in yet, and though "Wadders" has gone, much of the profit/turnover increase will be down to what he and others had put in place BEFORE they left - including the signing of Coldplay, whose album assisted in providing the additional revenue/profit.