To say that your company is 100% immune from the credit crunch, especially if you are based in the United States, is downright impossible. Everybody is still affected, albeit the degree of effects may vary from region to region.Companies, no doubt, are trying to mititage the effects by introducing measures that will save money, assuming that they are still standing. In this case, lavish corporate spending is eliminated (forget the thought of repainting the office furniture; you are going to make them brand new by putting in a lot of furniture cleaner) while hiring is frozen. Passing the costs to consumers will not work, since the problem was consumer-driven in the first place.
If things become worse than expected, lay-offs are just around the corner. No boss would ultimately want to fire his/her employees if they are from a hardworking bunch, but some things just have to happen. Lay-offs can be inevitable for a hard-hit corporation. So you'll have to double your efforts to show your bosses that firing you will be their boss. You'll have to show them that you are an asset and not a liability.
So, what measures does your office implement in order to save money and prolong your company's business?
All UPSable
