Looking ahead, he warned the group may have to axe staff members later on in the year. He said: "The first priority is to get service sorted out. The efficiency agenda will start to kick in as we move through the fourth quarter.
"We have a high turnover - 25pc to 30pc - annually so its very easy to be flexible on staff. There will be reductions but it should be fairly painless and not cost a lot of money."
Originally posted by TrevGo: I think the shock of Chief Executive Alan Brown's suspicious looking hair may well have contributed to the share price collapse.
Maybe a recyling programme, they could be weaving dead rat hair into hair pieces.
If they have a staff turnover of 25-30% I would say that's a major part of their problem. An average for a service industry would be about 6%. It represents a huge spend in recruitment and training.
I get a bit worried about how Rentokill might cut staff numbers. Are they going to set traps or just put some poison down in the break room?
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