Grappling with falling sales and a dropping bottom line, companies have had no alternate but to put cost-cutting measures in place.
Here are some of the measures that one of India's most valued, and most respected companies, Infosys Technologies, has implemented.
Save $10
It is asking all its employees to go in for a one-time cost savings of $10 each. This initiative is expected to help the company, which has over 100,000 people on its rolls, log in a cost saving of $1 million (around Rs 5 crore).
http://www.rediff.com/money/2009/mar...ting-costs.htm
From India, Coimbatore
Here are some of the measures that one of India's most valued, and most respected companies, Infosys Technologies, has implemented.
Save $10
It is asking all its employees to go in for a one-time cost savings of $10 each. This initiative is expected to help the company, which has over 100,000 people on its rolls, log in a cost saving of $1 million (around Rs 5 crore).
http://www.rediff.com/money/2009/mar...ting-costs.htm
From India, Coimbatore
Hi,
It would be really nice if you can " COPY - PASTE " the article... instead of giving the links 'cause my company doesn't allow access to many sites.. I am sure some of the Citehr members will have the same concern..
From India, Hyderabad
It would be really nice if you can " COPY - PASTE " the article... instead of giving the links 'cause my company doesn't allow access to many sites.. I am sure some of the Citehr members will have the same concern..
From India, Hyderabad
Hi Peer,
I am ex-Infosys employee. Infosys to cut the transportation for all the employees. they follow the strict rules in the transportation. and they aviod the night shifts also. and Infosys is ban the Contract employees.
They fill the reserve bench strength.
And Infosys hiring the campus students at low salaries.
Regards,
Msr
From India, Hyderabad
I am ex-Infosys employee. Infosys to cut the transportation for all the employees. they follow the strict rules in the transportation. and they aviod the night shifts also. and Infosys is ban the Contract employees.
They fill the reserve bench strength.
And Infosys hiring the campus students at low salaries.
Regards,
Msr
From India, Hyderabad
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.