OH YES PLEASE! Though instead of IB this time please let it be all the blue collar permit holders who’s employers have hired them over a Bermudian. Then we would have jobs for the majority of unemployed & Bermuda would have a TRUE grasp on the gravity of the current situation.

PLP biased their permit granting to employers of non IB workers while doing the opposite to IB permit holders & OBA has done nothing to address this issue because they are afraid to step on toes.

Does it seem a bit odd to anyone else that only IB have had people term limited out while other types of workers have been allowed to stay? Of course that’s unless they were a british car body painter than they get the same treatment as IB. But the others? I think an investigation should be done on this from employer to employee all the way up to who signed the renewed permit. Surely we can’t have past or present government ministers skirting around past or present immigration laws & getting away with it.

The more likely cause would be the operational cost & would concur with the global plight of job losses. OBA’s first & once elected was to do away with term limits & half a year in nothing has been done to tackle the constant increase cost of operation. Since oba promised to do whatever it took to improve the economy but hasn’t hence they haven’t been honest in their promise.

I’m neither a plp nor oba supporter & only support ideas wherever they come from that help my country. On the other hand Mike McGavick as a true republican would do supports those in politics with ties to old money & will spin the news to keep them looking like the ideal candidates. OBA has their koolaid just as plp did the only difference is the sugar in the oba’s is more refined.

like it or not, Bermuda’s fiscal future is tied to IB like never before and we are hanging on by a ball thread.
Did you know for example, that there is only just enough air lift to sustain IB’s presence here. A few more weekly flights cancelled and they will not be able to function here. They will up and go!
Please try to grasp the gravity of the current situation.
Unless of course you happy hand lining for bibblers and selling trinkets to blue collar cruise ship passengers.

As to whether or not those jobs would still be here absent term limits – good question. I think anyone that works in IB knows someone that was term limited out and is now doing the same job for the same company but just from someplace outside Bermuda.

According to the article, in 2012, 32 employees left Bermuda to work for their companies outside of Bermuda, of which 28 were Executive/Senior/or Middle Management positions. How many of these people left because of term limits and how many left for personal reasons (i.e., they’d had enough of Bermuda) is an open question.

THe term limits and the high cost of operating in Bermuda has been a definite factor in companies laing off people.

So if there were no term limits, does ABIR think that those 77 would still be here, or were they likely transferred to work in new offices that were expanding.