Saturday, May 19, 2012

Cutting Down Operations Costs Without Compromising Employee Privileges

The instability of the global economy and the frequent downturn flows in the market had compelled all businesses to cut down on their costs. However, they had to do so in the most creative ways they can to avoid showing their struggles to their clients and competitors. Some opt to minimize production costs by choosing substandard materials, others closed down unprofitable branches, and some opted to let regular employees shoulder the cost reductions.

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