Rolls Royce

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Lowbankclaret
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Re: Rolls Royce

Post by Lowbankclaret » Thu Aug 27, 2020 6:33 pm

dandeclaret wrote:
Thu Aug 27, 2020 6:22 pm
Wouldn't it be unusual for a company, of the scale of Rolls Royce, to allow their business be dictated by foreign currency fluctuations, rather than securing sufficient hedging for them to continue to drive their business strategy as desired?
That 1.54 figure is used for all sourcing decisions. In 2019 it was 1.62.

I worked on 3 contracts in my last few years and it was why nearly all contracts went abroad.

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Re: Rolls Royce

Post by dandeclaret » Thu Aug 27, 2020 6:40 pm

The rate wouldn't matter though would it, as they would hedge against it in order to secure a fixed cost of projects?

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Re: Rolls Royce

Post by Stproc » Thu Aug 27, 2020 8:06 pm

This is a strategic decision, nothing to do with Covid. I sat uncomfortably in meetings where it was clearly stated that offshoring was a preferred option. Not only on cost but also because the largest growing aviation market is in Asia. Really disappointing that it’s finally coming to fruition. There are good skilled people at Barlick who will not find similar paying work.

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Re: Rolls Royce

Post by Burnley1989 » Thu Aug 27, 2020 8:34 pm

They’re doing a lot of work on the new Tempest at Salmesbury/Warton I think, I’d be eyeing that up even though it’s a lot of travel

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Re: Rolls Royce

Post by Lowbankclaret » Thu Aug 27, 2020 8:46 pm

dandeclaret wrote:
Thu Aug 27, 2020 6:40 pm
The rate wouldn't matter though would it, as they would hedge against it in order to secure a fixed cost of projects?
Like I said I don’t fully understand how it works.

It always confused me.

So if we signed a contract in 2018 at 1.65 dollars to the pound and in 2019 it was 1.62, as a team we would make a loss. I cannot remember what they called it. So I always found it strange the rate was not fixed for the contract length.

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Re: Rolls Royce

Post by cricketfieldclarets » Thu Aug 27, 2020 9:19 pm

dandeclaret wrote:
Thu Aug 27, 2020 6:22 pm
Wouldn't it be unusual for a company, of the scale of Rolls Royce, to allow their business be dictated by foreign currency fluctuations, rather than securing sufficient hedging for them to continue to drive their business strategy as desired?
I know BT buy a lot of their technology in dollars at the current rate. In fact quite a lot of tech companies do. And pricing can fluctuate quite a lot.

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Re: Rolls Royce

Post by cricketfieldclarets » Thu Aug 27, 2020 9:20 pm

Burnley1989 wrote:
Thu Aug 27, 2020 8:34 pm
They’re doing a lot of work on the new Tempest at Salmesbury/Warton I think, I’d be eyeing that up even though it’s a lot of travel
I know a lad who jumped from aircelle after years there to go to Salmesbury. Higher rate of pay and seemingly easier work. Its not the worse commute either to be fair.

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Re: Rolls Royce

Post by Burnley1989 » Thu Aug 27, 2020 9:32 pm

cricketfieldclarets wrote:
Thu Aug 27, 2020 9:20 pm
I know a lad who jumped from aircelle after years there to go to Salmesbury. Higher rate of pay and seemingly easier work. Its not the worse commute either to be fair.
I keep getting offered work at Barrow in Furness on the subs, it’s fantastic job security as Dreadnaught will be on build for most of my working career and I’ve spent a lot of time there, I just haven’t found the balls to make the move yet

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Re: Rolls Royce

Post by CHEWBACCA » Thu Aug 27, 2020 9:35 pm

My mate did ok,been there a long time and only in his 50's with a fantastic (old) pension and a 50k golden handshake.
This user liked this post: Burnley1989

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Re: Rolls Royce

Post by cricketfieldclarets » Thu Aug 27, 2020 9:38 pm

Burnley1989 wrote:
Thu Aug 27, 2020 9:32 pm
I keep getting offered work at Barrow in Furness on the subs, it’s fantastic job security as Dreadnaught will be on build for most of my working career and I’ve spent a lot of time there, I just haven’t found the balls to make the move yet
Its not that far is it... The only thing that would put me off there is the radiation! :D :mrgreen:

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Re: Rolls Royce

Post by cricketfieldclarets » Thu Aug 27, 2020 9:40 pm

Oh and the offer of Barcelona :lol:

Burnley1989
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Re: Rolls Royce

Post by Burnley1989 » Thu Aug 27, 2020 9:44 pm

cricketfieldclarets wrote:
Thu Aug 27, 2020 9:38 pm
Its not that far is it... The only thing that would put me off there is the radiation! :D :mrgreen:
I’d be ok in the area I’d be working in NAS and CYC, the level of security and Health & Safety is out of this world, you need 5 passes to get through 5 doors, each corridor requires sign off for a pass and security clearance. I’ve been in for a 3-4 hour job and it’s taken two days. I love the place but I’d probably live outside Barrow :lol:

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Re: Rolls Royce

Post by tim_noone » Thu Aug 27, 2020 9:55 pm

Barrow... Barcelona...... no contest.

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Re: Rolls Royce

Post by cricketfieldclarets » Thu Aug 27, 2020 9:59 pm

Burnley1989 wrote:
Thu Aug 27, 2020 9:44 pm
I’d be ok in the area I’d be working in NAS and CYC, the level of security and Health & Safety is out of this world, you need 5 passes to get through 5 doors, each corridor requires sign off for a pass and security clearance. I’ve been in for a 3-4 hour job and it’s taken two days. I love the place but I’d probably live outside Barrow :lol:
Workington or whitehaven?

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Re: Rolls Royce

Post by Burnley1989 » Thu Aug 27, 2020 10:02 pm

cricketfieldclarets wrote:
Thu Aug 27, 2020 9:59 pm
Workington or whitehaven?
Would have to be Ulverston :lol:

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Re: Rolls Royce

Post by Jakubclaret » Fri Aug 28, 2020 10:22 am

Lowbankclaret wrote:
Thu Aug 27, 2020 9:42 am
Yes you did.
I was hoping the company would understand you need to keep your IP manufacturing in the UK. Company is making a massive mistake losing its knowledge like this.
I have a lot of friends who will be impacted by this. It’s a sad day.
Pretty obvious the less you produce the less volume of returns you have to deal with, you was right in saying neither factory could cope if the blades ended up being returned, what you didn't make allowances for is the substantial reduction in production,
The a350 plane is no longer attractive and wanted by airlines as the a320 is picking up and can fly longer. Its why they are moving it to Singapore as the a350 was more attractive to them but that's all going to change. Easier and cheaper to fill the smaller planes and if they can fly as long or longer than the a350 then airlines will buy the a320. The world has changed.

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Re: Rolls Royce

Post by Top Claret » Fri Aug 28, 2020 12:41 pm

The Rolls group lost 5.4 billion pounds in the first 6 months of this year. Rolls are trying to raise 2 billion from the sale of companies and assets, plus a couple more billion from shareholders.

The experts say that to keep the company a float they will have to raise 6 billion plus, or go cap in hand for a uk government bail out.

The future looks grim

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Re: Rolls Royce

Post by Terrier » Fri Aug 28, 2020 1:15 pm

Been told today the rolls gym is still shut and will probably stay that way, not sure on the social club.

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Re: Rolls Royce

Post by Claretitus » Fri Aug 28, 2020 5:36 pm

When RR opened the fan blade plant in Singapore, its true, their government, and indeed Singapore Airlines stumped up all the money. The UK government at the time were asked to subsidise investment in the UK, and refused,( probably correctly), because at the time RR were making profits in the billions. It was always inevitable that this announcement would eventually happen.
All current RR engines have " wide chord " fan blades. The older type blades had clappers, and were solid, not hollow. The older WCFB have honeycomb centres, rather than a membrane that are in the Trents.

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Re: Rolls Royce

Post by Untinted Glasses » Sat Aug 29, 2020 5:14 am

What definitely didn't help rolls royce was some one some where made a decision not to pursue the short haul market. Scandalous

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Re: Rolls Royce

Post by Lowbankclaret » Sat Aug 29, 2020 8:34 am

Jakubclaret wrote:
Fri Aug 28, 2020 10:22 am
Pretty obvious the less you produce the less volume of returns you have to deal with, you was right in saying neither factory could cope if the blades ended up being returned, what you didn't make allowances for is the substantial reduction in production,
The a350 plane is no longer attractive and wanted by airlines as the a320 is picking up and can fly longer. Its why they are moving it to Singapore as the a350 was more attractive to them but that's all going to change. Easier and cheaper to fill the smaller planes and if they can fly as long or longer than the a350 then airlines will buy the a320. The world has changed.
Two completely different aircraft for different operations.
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Re: Rolls Royce

Post by Bigvince » Sat Aug 29, 2020 9:49 am

The a321 you shown has the neo engine, which is prat and Whitney’s new midsize engine with a composite fan. The main reason for the death of the the rb211a5 engine!
Rolls Royce’s big mistake was not developing a replacement midsize engine, and putting all their hopes in the large engine sector

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Re: Rolls Royce

Post by Claretitus » Sat Aug 29, 2020 9:59 am

Another catastrophic decision made by RR came decades ago, when they decided they wouldn't offer an engine for the Boeing 737, the worlds' most common jet airliner. RR stated at the time, that the 737 would not be around for very long! :oops:

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Re: Rolls Royce

Post by Jakubclaret » Sat Aug 29, 2020 10:25 am

Lowbankclaret wrote:
Sat Aug 29, 2020 8:34 am
Two completely different aircraft for different operations.

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They constantly do a sorb every month and figures are going down and down. Will be more so now the xwb blades going to Singapore. Also JSF will go Singapore soon as they now have license to do them. Basically apart from JSF blades, barnoldswick are just making spares. Yep, Bristol is future of Rolls due to new blades. But remember what I said ages ago about Barnoldswick and supposedly I was wrong, well looks like it's happening now. But I know nothing.

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Re: Rolls Royce

Post by TVC15 » Sat Aug 29, 2020 1:56 pm

Jakubclaret wrote:
Sat Aug 29, 2020 10:25 am
But remember what I said ages ago about Barnoldswick and supposedly I was wrong, well looks like it's happening now. But I know nothing.
Why what did you say ?
Did lots of people disagree with you ? I’m assuming so given the large chip appearing on your shoulder about it.

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Re: Rolls Royce

Post by Jakubclaret » Sat Aug 29, 2020 2:02 pm

TVC15 wrote:
Sat Aug 29, 2020 1:56 pm
Why what did you say ?
Did lots of people disagree with you ? I’m assuming so given the large chip appearing on your shoulder about it.
No chip whatsoever dude but thanks for caring enquiry :lol:
I'm already in alternative employment & I sympathise with the unfortunate employees who have lost there employment status & that also extends to Weston's & everybody else affected in the supply chains, no gripes no bitterness I wish everybody success in retirement or finding alternative employment.

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Re: Rolls Royce

Post by TVC15 » Sat Aug 29, 2020 2:14 pm

Jakubclaret wrote:
Sat Aug 29, 2020 2:02 pm
No chip whatsoever dude but thanks for caring enquiry :lol:
I'm already in alternative employment & I sympathise with the unfortunate employees who have lost there employment status & that also extends to Weston's & everybody else affected in the supply chains, no gripes no bitterness I wish everybody success in retirement or finding alternative employment.
No problem - always here to help.
But going back to the question what is it you said where everyone said you were wrong and you showed them just how clever you were ?

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Re: Rolls Royce

Post by Jakubclaret » Sat Aug 29, 2020 2:17 pm

TVC15 wrote:
Sat Aug 29, 2020 2:14 pm
No problem - always here to help.
But going back to the question what is it you said where everyone said you were wrong and you showed them just how clever you were ?
Everyone? Feel free to quote :roll:

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Re: Rolls Royce

Post by TVC15 » Sat Aug 29, 2020 2:26 pm

Jakubclaret wrote:
Sat Aug 29, 2020 2:17 pm
Everyone? Feel free to quote :roll:
Jesus you are tiresome.
What was it you said where people thought you were wrong and you have proven to be correct ?
Or even better post the link as no doubt it will be another one full of your classic crazy sh-it !

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Re: Rolls Royce

Post by Claretitus » Sat Aug 29, 2020 2:40 pm

The writing has been on the wall for B'Wick for decades. When I started, there were over 2,000 people employed over 3 sites. With the advent of CNC machining, the change in manufacturing process for turbine blades, which were made at B'Wick before being made from single cell crystals at a new factory in Derby, etc etc, the place has been in a steep decline. If it hadn't have been for the WCFB, and the investment made in the mid to late 80's at G/Brow, and then Bankfield when Trent blades came on line, the place would have closed years ago. There may have been a stay of execution for the Static Compressor side of things, but even then, they tried to place work overseas at KHI in Japan, but they just couldn't make them. At least there will be some RR presence in the town, making spares, and this should continue for years to come, but obviously very much scaled down from the past.
Also some shocking decisions made by previous site managers. Some of who were just university graduates, who had never previously worked in engineering, never mind risen through the ranks. One clown even left for a while for a senior job at the Post Office, before returning to preside over things at RR B'Wick.Look at the state the Post Office got into,it beggars belief that they put em in charge of anything. Most of em couldn't run a bath.

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Re: Rolls Royce

Post by Lowbankclaret » Sat Aug 29, 2020 8:56 pm

Jakubclaret wrote:
Sat Aug 29, 2020 10:25 am
They constantly do a sorb every month and figures are going down and down. Will be more so now the xwb blades going to Singapore. Also JSF will go Singapore soon as they now have license to do them. Basically apart from JSF blades, barnoldswick are just making spares. Yep, Bristol is future of Rolls due to new blades. But remember what I said ages ago about Barnoldswick and supposedly I was wrong, well looks like it's happening now. But I know nothing.
America are never going to let Singapore make blades for it’s fighters ever. It’s UK or US no other place.

You said the A320 will replace the A350, your wrong, not going to happen.

As for Bristol being the future, the Ultrafan will never happen.

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Re: Rolls Royce

Post by Lowbankclaret » Sat Aug 29, 2020 9:08 pm

Claretitus wrote:
Sat Aug 29, 2020 2:40 pm
The writing has been on the wall for B'Wick for decades. When I started, there were over 2,000 people employed over 3 sites. With the advent of CNC machining, the change in manufacturing process for turbine blades, which were made at B'Wick before being made from single cell crystals at a new factory in Derby, etc etc, the place has been in a steep decline. If it hadn't have been for the WCFB, and the investment made in the mid to late 80's at G/Brow, and then Bankfield when Trent blades came on line, the place would have closed years ago. There may have been a stay of execution for the Static Compressor side of things, but even then, they tried to place work overseas at KHI in Japan, but they just couldn't make them. At least there will be some RR presence in the town, making spares, and this should continue for years to come, but obviously very much scaled down from the past.
Also some shocking decisions made by previous site managers. Some of who were just university graduates, who had never previously worked in engineering, never mind risen through the ranks. One clown even left for a while for a senior job at the Post Office, before returning to preside over things at RR B'Wick.Look at the state the Post Office got into,it beggars belief that they put em in charge of anything. Most of em couldn't run a bath.
Perspective is everything.
The guy who left to go to the post office promoted me technically run WCFB. The old guard click of manager fought some every step and finally got rid of me when he left.
I would argue Singapore would never have happened of the improvements I wanted to do were implemented . But the old guard fought it outright.
I moved to purchase and the company I mentored won the first ever RR award for Zero Defects implementing what I wanted for WCFB .

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Re: Rolls Royce

Post by Lowbankclaret » Sat Aug 29, 2020 9:11 pm

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Re: Rolls Royce

Post by Jakubclaret » Sat Aug 29, 2020 9:25 pm

Lowbankclaret wrote:
Sat Aug 29, 2020 8:56 pm
America are never going to let Singapore make blades for it’s fighters ever. It’s UK or US no other place.

You said the A320 will replace the A350, your wrong, not going to happen.

As for Bristol being the future, the Ultrafan will never happen.
We'll see, without anyone nevermind everyone being incorrect let's see if I'm right my track record so far suggests I will be because I'm knowledgeable, too many people seem to be experts on RR but so far I'm the only person I say something is going to happen & it does happen, similar to the Covid-19 everything was predicted months ago & is happening exactly as described, but what do I know.

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Re: Rolls Royce

Post by Bigvince » Sat Aug 29, 2020 10:17 pm

I .have to agree with lowbankclaret there is no chance the yanks will ever let JSF work be carried out in Singapore or anywhere outside the us or Europe

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Re: Rolls Royce

Post by Rileybobs » Sat Aug 29, 2020 11:14 pm

If Jakub told me it was Saturday I wouldn’t believe him.

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Re: Rolls Royce

Post by fidelcastro » Sat Aug 29, 2020 11:17 pm

Jakubclaret wrote:
Sat Aug 29, 2020 9:25 pm
We'll see, without anyone nevermind everyone being incorrect let's see if I'm right my track record so far suggests I will be because I'm knowledgeable, too many people seem to be experts on RR but so far I'm the only person I say something is going to happen & it does happen, similar to the Covid-19 everything was predicted months ago & is happening exactly as described, but what do I know.
Yeah, you sure gave us the benefit of your wisdom on the Madeline McCann thread.

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Re: Rolls Royce

Post by Longsidelenny1882 » Sat Aug 29, 2020 11:27 pm

Jackub claret seems to know everything about everything utc

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Re: Rolls Royce

Post by Billy Balfour » Sun Aug 30, 2020 8:42 am

What a thread. Workers are about to lose their livelihoods and we have people banging on like schoolchildren bickering over a "I'm considerably more knowledgeable than you" game. Pathetic.
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Re: Rolls Royce

Post by TVC15 » Sun Aug 30, 2020 9:55 am

Jakubclaret wrote:
Sat Aug 29, 2020 9:25 pm
We'll see, without anyone nevermind everyone being incorrect let's see if I'm right my track record so far suggests I will be because I'm knowledgeable, too many people seem to be experts on RR but so far I'm the only person I say something is going to happen & it does happen, similar to the Covid-19 everything was predicted months ago & is happening exactly as described, but what do I know.
It’s a shame this incredible knowledge and foresight of yours does not extend to being able to understand how to construct a basic paragraph.
I’ve seen 6 year olds use punctuation better than you seem capable of.

Oh and for the record I’m being sarcastic about the knowledge and foresight.
IMHO you are sandwich short of a picnic.

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Re: Rolls Royce

Post by tim_noone » Sun Aug 30, 2020 10:00 am

Billy Balfour wrote:
Sun Aug 30, 2020 8:42 am
What a thread. Workers are about to lose their livelihoods and we have people banging on like schoolchildren bickering over a "I'm considerably more knowledgeable than you" game. Pathetic.
Exactly This..... and men call wimmin! :roll:

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Re: Rolls Royce

Post by MRG » Sun Aug 30, 2020 10:12 am

My limited knowledge of a good selection of the RR workforce suggests that there will be a fairly sizeable amount of people who have spent years working at 25% as part of a militant workforce who are about to join the real world. No wonder so many of them are petrified about what the future holds.

I also believe that this poor work ethic that they are rumoured to have doesn’t make them too attractive to other local engineering companies when applying for vacancies.

Tough times ahead for many now the gravy train has come off the tracks

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Re: Rolls Royce

Post by tim_noone » Sun Aug 30, 2020 10:15 am

MRG wrote:
Sun Aug 30, 2020 10:12 am
My limited knowledge of a good selection of the RR workforce suggests that there will be a fairly sizeable amount of people who have spent years working at 25% as part of a militant workforce who are about to join the real world. No wonder so many of them are petrified about what the future holds.

I also believe that this poor work ethic that they are rumoured to have doesn’t make them too attractive to other local engineering companies when applying for vacancies.

Tough times ahead for many now the gravy train has come off the tracks
Put your Tin hat on.... :D

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Re: Rolls Royce

Post by Jakubclaret » Sun Aug 30, 2020 10:18 am

TVC15 wrote:
Sun Aug 30, 2020 9:55 am
It’s a shame this incredible knowledge and foresight of yours does not extend to being able to understand how to construct a basic paragraph.
I’ve seen 6 year olds use punctuation better than you seem capable of.

Oh and for the record I’m being sarcastic about the knowledge and foresight.
IMHO you are sandwich short of a picnic.
I must be, your credibility went up in flames when you was trying to defend the police & insisting no money was made from the speed awareness courses & safety was paramount, a min Google search obliterated your argument.

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Re: Rolls Royce

Post by TVC15 » Sun Aug 30, 2020 10:31 am

Jakubclaret wrote:
Sun Aug 30, 2020 10:18 am
I must be, your credibility went up in flames when you was trying to defend the police & insisting no money was made from the speed awareness courses & safety was paramount, a min Google search obliterated your argument.
Wow - you really are a very strange person with to put it politely an extremely selective memory.
I’m pretty sure this was one of the many threads where you embarrassed yourself trying to justify how it was ok for you to break the speed limit.
One of the biggest benefit of lockdown has got to be people like you being kept away from the general public.

Jakubclaret
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Re: Rolls Royce

Post by Jakubclaret » Sun Aug 30, 2020 10:35 am

TVC15 wrote:
Sun Aug 30, 2020 10:31 am
Wow - you really are a very strange person with to put it politely an extremely selective memory.
I’m pretty sure this was one of the many threads where you embarrassed yourself trying to justify how it was ok for you to break the speed limit.
One of the biggest benefit of lockdown has got to be people like you being kept away from the general public.
:lol: you are embarrassing, please feel free to quote again but somehow I don't think that'll be happening in your imaginery warped interpretation of what I actually post.

Burnley1989
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Re: Rolls Royce

Post by Burnley1989 » Sun Aug 30, 2020 10:45 am

MRG wrote:
Sun Aug 30, 2020 10:12 am
My limited knowledge of a good selection of the RR workforce suggests that there will be a fairly sizeable amount of people who have spent years working at 25% as part of a militant workforce who are about to join the real world. No wonder so many of them are petrified about what the future holds.

I also believe that this poor work ethic that they are rumoured to have doesn’t make them too attractive to other local engineering companies when applying for vacancies.

Tough times ahead for many now the gravy train has come off the tracks
When it came to machinists, my experience was they were useless, if they didn’t have a set up sheet and a top programme they hadn’t a clue how to read a drawing and work it out themselves. Perhaps we just got the bad ones but it got to the stage where our HR department stopped sending them to be for interview.

I’m not saying Rolls don’t have some of the best engineers in the world, I just don’t buy the whole ‘ I worked at Rolls’ that you get

TVC15
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Re: Rolls Royce

Post by TVC15 » Sun Aug 30, 2020 10:48 am

Jakubclaret wrote:
Sun Aug 30, 2020 10:35 am
:lol: you are embarrassing, please feel free to quote again but somehow I don't think that'll be happening in your imaginery warped interpretation of what I actually post.
You are displaying the levels of self awareness of Donald Trump....but without even his tiny intellect.
The sh-ite you have posted on this board in the last few months puts you firmly top of the “nutter” chart.
Now jog on.

Bigvince
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Re: Rolls Royce

Post by Bigvince » Sun Aug 30, 2020 10:57 am

MRG wrote:
Sun Aug 30, 2020 10:12 am
My limited knowledge of a good selection of the RR workforce suggests that there will be a fairly sizeable amount of people who have spent years working at 25% as part of a militant workforce who are about to join the real world. No wonder so many of them are petrified about what the future holds.

I also believe that this poor work ethic that they are rumoured to have doesn’t make them too attractive to other local engineering companies when applying for vacancies.

Tough times ahead for many now the gravy train has come off the tracks
WOW! I can only assume your post is designed to provoke a reaction. “Working at 25%” “militant workforce”!!!
In the past 2 decades the barnoldswick workforce has bent over backwards to protect jobs. Short time working, pay cuts, pay freeze’s, while at the same time embracing modern working practices designed to improve efficiency.
Rolls Royce’s policy of offshoring jobs is gathering momentum, and I see it as a betrayal of their UK workforce!

As you say though, you have limited knowledge! Which your statement clearly proves
These 2 users liked this post: MRG ClaretnGreen

jrgbfc
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Re: Rolls Royce

Post by jrgbfc » Sun Aug 30, 2020 11:05 am

Feel sorry for some of the younger lads at Rolls. They probably thought they had a job for life on good money and have lived a bit above their means when it came to things like mortgages/cars etc. In for a big reality check I think when the only jobs available will probably be offering about 50% of what they earnt at RR.

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