Thats very interesting, I'd imagine consolidating 12 or so businesses would produce staff cuts. I figured that Qld would produce quiet a few as well with MRA warehouse merging with Magna. Destra employee expenses first half of the year was around 11 million, that indicates a sizable work force. I think management might/will be under some pressure to deleiver good results from consolidation. I live in the "sticks" so really dont get to hear or talk to anyone about the corporate world, so thanks for posting your unconfirmed reports.
Cheers
Oscar
DYOR
DES Price at posting:
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