If KBC closed down, the business would go elsewhere and there would be no net effect on jobs.
I know you made this argument before Brendan but it really isn't an argument that stands up very well. If KBC closed down those 1000 employees would be out of work. You're claiming they would all get work in other banks but that is quite the claim tbh. There is absolutely no guarantee of this and the likelihood is that some would find employment in other banks, some might decide to retire early, some might look for a change of career, some might continue trying to find alternative work and some might head abroad. So there may not be 1000 jobs lost as a result but to claim that "there would be no net effect on jobs" is not really credible.It always astonishes me to hear on the news "1,000 jobs saved" by this decision.
No there weren't. If KBC closed down, the business would go elsewhere and there would be no net effect on jobs.
Likewise, Centra claimed it was going to create 460 new jobs when it opens 20 new stores. No they won't. They will presumably just take them from other stores.
Brendan
there would be no net effect on jobs.
It always astonishes me to hear on the news "1,000 jobs saved" by this decision.
No there weren't. If KBC closed down, the business would go elsewhere and there would be no net effect on jobs.....
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