WHS - Warehouse Group

[Balance]

Completely agree. Maybe the others will eventually "get it".

How many staff did WHS laid off after the subsidy ended?

[RTM]

How many staff did WHS laid off after the subsidy ended?

Pretty sure that was going to happen anyway Balance, Covid or no Covid.

[Beagle]

How many staff did WHS laid off after the subsidy ended?

1,000 or was it more ?

[nztx]

https://www.nzx.com/announcements/365451


'The Group’s financial position has continued to improve from year-end and we expect the half-year’s net cash balance to be better than the FY20 year-end position of $168m.

Full Year guidance will be issued when the H1 financial results are released in March.'

may even be a small divy next year there - for winner but who knows ..

think the market has been smelling large incoming Ca$h in the Retail Sector of recent times ..

[Habits]

600 as per October report but then air nz laid off 3500 and who says anything. Warehouse still seems to overstaff imo compare the number of floor staff you see next time you're there with the numbers, at other large retailers.

[winner69]

Tom the cartoonist on management and marketing things always been very perceptive over the years.

Hope Nick wasn’t like this but then Nick is Nick so maybe he background said let’s go for it

[ratkin]

600 as per October report but then air nz laid off 3500 and who says anything. Warehouse still seems to overstaff imo compare the number of floor staff you see next time you're there with the numbers, at other large retailers.

I do not understand the antagonism towards the warehouse, sure they laid people off, but they needed to. Most of those complaining about the lay offs do not even shop there. Perhaps if they did the layoffs might have been avoided.

As usual hypocrisy is rife, buy everything online from overseas then complain when well loved shopping brands go out of business or cut staff numbers.

[winner69]

Bit more from Tom Fishbourne on 'Agility'

I don't think 'agility' will fix The Warehouse because they don't really know what it means - but that's just my view
'
Anyway what Tom said -

Next month marks the 20th anniversary of the Agile Manifesto. Twenty years ago, 17 software engineers went skiing in Utah. After bonding over their shared frustrations on the state of software development, they drafted the Manifesto for Agile Software Development.

The principles they defined helped change software development forever, but also inspired more widespread organizational shifts. As the signers later put it,

“This isn’t merely a software development problem, it runs throughout Dilbertesque organizations.”

David Hieatt recently said that agile principles helped get his two businesses through the twists and turns of 2020:

“Agile was no longer a nice management mindset, but how you saved your business. It bypassed adjective and went straight to a verb.”

And yet, in spreading so mainstream, the concept of agile has lost much of its meaning. Like many business buzzwords, if you ask 10 co-workers what agile means, you may hear 10 different responses (or even more).

One of the 17 original signers of the Agile Manifesto, Dave Thomas, wrote:

“The word ‘agile’ has been subverted to the point where it is entirely meaningless.”

For agile to stand for more than a buzzword, we have to define what we mean.

[Greekwatchdog]

Nice upgrade https://www.nzx.com/announcements/365993

[DDog]

From $70m to $90m. Wow.