Tuesday, December 23, 2008

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More Companies Are Cutting Costs Without Layoffs


Even as layoffs are reaching historic levels, some employers have found an alternative to slashing their work force. They’re nipping and tucking it instead.

The rolls of companies nipping at labor costs with measures less drastic than wholesale layoffs include Dell (extended unpaid holiday), Cisco (four-day year-end shutdown), Motorola (salary cuts), Nevada casinos (four-day workweek), Honda (voluntary unpaid vacation time) and The Seattle Times (plans to save $1 million with a week of unpaid furlough for 500 workers). There are also many midsize and small companies trying such tactics.

Kodak Cuts Employee Voicemail to Save Company
Absolutely determined not to suffer the same fate as Polaroid, Kodak is going through, cutting costs anywhere that it can. You've got to do what you've got to do to stay alive and Kodak definitely recognizes this.

In an effort to stay afloat during tough economic times, Kodak has reportedly eliminated employee voicemail altogether. If you were hoping to reach someone at Kodak but that person was out of the office at the time, you have no choice but to call back later. You will not be able to leave a message. Kodak is doing away with the voicemail system as of December 31. This is when the company's current voicemail contract expires.

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