By Aamir Attaa · Friday, Jul 17, 2009 0 Comments
Recession – we know this word so well, so let’s move forward, and talk about cost cutting first. There is no doubt that companies are earning lesser than what they used to do couple of years ago, despite the increase in customers’ base. Hence, businesses are bearing the cost both ways, lesser revenues and more operating expenses (due to increased...
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By Reality Bites · Friday, Jul 3, 2009 0 Comments
Downsizing is sub function of Selection & Recruitment, and it has been in practice since long, actually we don’t know when exactly it was discovered. Downsizing is mostly done when there arises a need, but that’s not the only rule, we have seen organizations downsizing even when need was not in place.
Recently, in USA alone, hundreds of thousands...
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