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Focus (Forum & Focus)

Jan. 21, 2009

Cost-Cutting on The Global Stage

Weathering the global recession will require most companies to take pro-active cost-cutting measures, write Susan Eandi and Ute Krudewagen. - Focus Column

FOCUS COLUMN

By Susan Eandi and Ute Krudewagen

There is no denying it. Companies are cutting costs. Friday Krispy Kremes - gone. Free dinner - cafeteria closed. Fancy holiday parties - canceled or replaced by potlucks. Home broadband access - pay for it yourself. At least one Fortune 500 company even has reportedly cut employee office voicemail.

While some companies are literally cutting the fat in an effort to stay afloat and avoid redun...

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