Unremarkably, Sol Trujillo today announced plans to Axe 12,000 Jobs - well, we said 14,000 and no-one believed us...
Worse is that Barnaby Joyce was shocked by the announcement. Sorry Barnaby - you surely can't be that stupid can you and not know that this would happen? It's going to be a private company you goose - what did you think would happen - they would expand?
So, what does that mean? Well, I'd say Countrywide is pretty well gone. In fact, I was talking to an ex-Telstra employee recently and they seemed to be saying as much. I just hope Barnaby isn't so surprised when it happens - make's him look pretty foolish.
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