How companies should cut back

by Bill - 2010-09-11 - in life / money / employment


When faced with too many expenses and not enough income and you have run out of expenses to reduce, rather than firing employees, the fair and socially-responsible way to cut costs is NOT to fire employees who had nothing to do with those costs getting too high.

The FIRST target of cost-cutting needs to be [...]

I think I originally suggested trimming executive pay.

Always a good idea.

But that link above was lost.

Maybe this, below, will suffice:

https://hbr.org/2010/05/when-youve-got-to-cut-costs-now

Comments
"This is such a fantastic resource that you are providing and you give it away for free. I love seeing sites that understand the value of providing a quality resource for free. It?s the old what goes around comes around routine. Best wishes, Grayce. " — Grayce, 2010-11-12 23:27:08
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