Just goes to show that 'turn over' means nothing (no matter how big the number is) if it all just keeps "turning over", and none of it stays put.
Almost seven years ago, I was made redundant from another well known Birmingham IT knowledge firm - Wrox Press (although we were never posh enough to have offices in a place like Hagley Hall... We were proper-Birmingham: Acocks Green). I was actually on holiday, the day they announced their insolvency, since I could no longer face making promises and commitments to authors and reviewers, that I knew might not be true. I suspect my boss, Bruce, knew that that was what I was doing. I was due about three weeks holiday, anyway, and I knew that if I didn't take what I could, at my due rate, I'd end up begging whatever I could from the government fund - which is exactly what happened, of course!
This is capitalism's other face - and a mighty cold, hard one, it can be, too! You can argue all you like about the stated reasons for this bankruptcy - lack of students stumping up their ten grand, for courses - but you have to register the fact, that this did not stop them taking new orders, from what students they could get, while they could.
I'd have hated to be one of the employees at that office during the final weeks of last month. Like I say, when my turn came to be tested, like that, I copped out! What else can you do? Tell them the truth and get fired?