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Sunday, April 8, 2012

FRED'S SHOWS UP IN ADELAIDE-AND LOOK WHAT APPEARS IMMEDIATELY AFTER

 BUS operator Transfield Services is believed to be bleeding hundreds of thousands of dollars a month because of ballooning wages and unexpected costs.
Sources have told the Sunday Mail  the blowout in operating costs was detailed at an emergency meeting with drivers on Monday, which was called to discuss union concerns about proposed changes to overtime payments for drivers.

The meeting, which was attended by four Transfield executives, a Transport Workers Union representative and several drivers from the St Agnes and Morphettville depots, also heard Transfield had embarked on a management restructure last month.
Transfield Services SA general manager Adam Machon said higher costs were discussed at the meeting but denied the amounts reportedly disclosed at that meeting were correct.
"We confirm that additional costs in the business were discussed at this particular meeting, primarily due to the well publicised congestion on the bus network," he said in an emailed response to questions. "The management restructure of five positions was made to further improve accountably (sic) of staff."


Bus operator Transfield's cost stress | Adelaide Now

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