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Anyone looking for a new role after today's unfortunate events at Phones4u, get in contact! We have trainee recruitment consultant and Recruitment consultant positions available!
This is a case of greed and how companies owned by private equity firms love to asset strip and try to bully their way.
According to one article, only EE was supplying them and they came up with terms during contract renewal that was not acceptable to EE. It seems they just walked away from the table. I guess if they have finished with squeezing every penny out of the business they will look to shut it and move elsewhere.
They were still signing people up on contracts and taking iPhone6 pre-orders yesterday in my local Shopping centre, wonder how many of those will be left with a contract but no phone...
Will customers who ordered the new iPhone 6 from Phones 4u lose their money?
No. Phones 4u has pledged to refund customers in full for any orders that have not yet been despatched. Any mobile contracts bought through Phones 4u in the past will work as normal. While there was grumbling on Twitter from customers who had ordered an iPhone 6 as recently as Friday, the company said it had ceased trading "as soon as practically possible".
Were they part of SinglePoint AKA Cordwell group? Went for an interview there a good few years back in Crewe.
45+ hour week and taking lunch (other than sandwich at your desk) was frowned upon.
It was a no from me.
qh
Singlepoint are now part of the Vodafone group.
The reason they were over working people is that the Caudwell Group was preparing them for sale. linky
If they are like the firms I've worked and contracted for that brought out other firms they probably lied about the number of permanent staff they had and the hours they kept.
This is a case of greed and how companies owned by private equity firms love to asset strip and try to bully their way.
According to one article, only EE was supplying them and they came up with terms during contract renewal that was not acceptable to EE. It seems they just walked away from the table. I guess if they have finished with squeezing every penny out of the business they will look to shut it and move elsewhere.
They were still signing people up on contracts and taking iPhone6 pre-orders yesterday in my local Shopping centre, wonder how many of those will be left with a contract but no phone...
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