Careers - CIOInsight
Home arrow Careers arrow Cost-Cutting Beyond Layoffs

Careers Slideshow:
Cost-Cutting Beyond Layoffs

By CIOinsight on 2009-06-08


As the rate of increase in new unemployment claims slows, a survey report released by outplacement consultancy Challenger, Gray & Christmas shows that human resource executives are resorting to salary cuts and pay freezes to cut costs, rather than cutting jobs outright. Comparisons are with an earlier survey by the firm.

LATEST STORIES

BLOGS
 
  • of
Surveyed HR professionals who said their company has had to cut costs in light of the current economic situation: January: 91.8%May: 85.7%

On average, respondents reported initiating five cost-cutting measures. Organizations that announced job cuts initiated more cost-cutting measures than those that did not—their average was six types of cost cutting.Organizations that didn’t layoff employees averaged less than three cost-cutting measures.

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

Cost Cutting Measures

  • More slideshows

FEATURED SPONSORED VIDEOS

FEATURED SPONSORED ARTICLES

Erasable E-Paper Saves Trees, Cuts Costs

Why Smart Companies Should Adopt the Lessons of Gaming

Interest in Mobile WiFi Hotspots Fuels New Solutions

A Closer Look at Public Cloud Security

View More Articles

  Brought to You By
Click Here



 

Advertisement

Sponsored Links
  • Get up and running in as quickly as 30 days with BI. Learn how today.

  • FREE Securing Smartphones & Tablets for Dummies Book from Sophos
  • 77% of the Fortune 500 Manage Content Securely with Box.
  • Leverage your virtual computing environment with Dell.
  • Build an IT Infrastructure That Delivers the Future
  • 5 New Technologies That Will Change Enterprise ITAdvertisement
  • eWEEK Quick LInks