Effect of Recession on our Jobs

travelwriter · 26th March 2009, 15:54

ashish22,

have sent you a PM. Do check

phamilyman · 26th March 2009, 16:06

Quote:

Originally Posted by mmmjgm

Err, this is definitely taking it to the max crib. Also on a serious note, suppose a TT ball runs for three days a year, hypothetically 100 TT balls @ 30 bucks each saves a co 3k a year ?

Pittance no ?

No offence to admin guys here, but that's how most immature admin/FMS folks earn their livelihood - ridiculous savings that neither save money, nor keep people happy!

Eddy · 26th March 2009, 16:09

Its not about the actual $$$ saving in this case, but a move like this create an atmosphere of cost cutting. Kind of spread the message across before salary cuts / no bonus etc.

Spitfire · 26th March 2009, 16:10

Apparently the company is going to save 50 million by these cuts

amtak · 26th March 2009, 16:15

Quote:

Originally Posted by phamilyman

No offence to admin guys here, but that's how most immature admin/FMS folks earn their livelihood - ridiculous savings that neither save money, nor keep people happy!

Grrrrrrrrrr! I am very angry with you Hitanshu

. I am in Admin. The only thing I would say in support of Admin guys is that the vendor bills are not approved by the management resulting in such things happening. If you don't pay the vendors, you obviously don't get stocks of new items. I haven't replaced a single exhaust fan in the loos in my office that has gone Kaput as it costs about 900 bucks and it does reflect in the monthly bills. As long as the loo doesn't stink, one can manage.

Also, how many folks play TT in the office? hardly 10-50 when compared to 1500 employees in a company. Not that I am de-motivating anyone who plays sports at work but this is how most managements think.

We are HELPLESS!!!

Quote:

Originally Posted by Eddy

Its not about the actual $$$ saving in this case, but a move like this create an atmosphere of cost cutting. Kind of spread the message across before salary cuts / no bonus etc.

+1 to that.

Btw, why can't the company stop advertising rather than stopping people having some leisure time at work? If I was working there, I would have certainly proposed this. A single ad would make them pay lakhs to the TV guys. Rather save there than saving else where. Who doesn't know CISCO?

mmmjgm · 26th March 2009, 17:12

Quote:

Originally Posted by sanjayatarizona

They looked at each other misty eyed, bodies sweat soaked with passion..
Oops, just remembered, this was the office...

Hahahaha, good one, reading this at work does lighten up the workload and get you recharged.

Good one Sanjayatarizona

cheers

Technocrat · 26th March 2009, 18:03

Quote:

Btw, why can't the company stop advertising rather than stopping people having some leisure time at work? If I was working there, I would have certainly proposed this. A single ad would make them pay lakhs to the TV guys. Rather save there than saving else where. Who doesn't know CISCO?

Are you serious??? Barring a few exceptions everyone needs to market/advertise.

HellwratH · 26th March 2009, 18:06

Quote:

Originally Posted by finneyp

Yup, each post gives a hint what it is, but not naming it!

Finally, when Amtak said about the TV ad, I realized it was Cisco....

And it also reminds me of a particular seinfeld episode (The contest) where they don't use the word and make a whole episode outta it!

Coming back to the topic,
There is a huge campaign being run in our company for ideas to be submitted to save a $ a day. Hmm, nice suggestions are coming out of it. Lets see how it goes.

vivekiny2k · 26th March 2009, 18:51

Quote:

Originally Posted by streetrage911

And above all, they have started firing not only the bench force but efficient star employees as well

.

it is very difficult to retain all star employees together and then manage their expectations. We have seen the ill effects in my company earlier.

NetfreakBombay · 26th March 2009, 18:56

^^^

Thats surprising for me. At least in IT Services, company will loose Client's goodwill by firing you a "billable"star employee.

vivekiny2k · 26th March 2009, 20:06

remember, the firing starts from the revenue pressure from the client. and at the end of the day managing your resources' expectations is your headache, not client's.

imagine 60 star employees in your account of 70 (at different levels), all wanting the best of ratings and hikes.

kpbhatt · 27th March 2009, 09:22

Quote:

Originally Posted by finneyp

Yup, each post gives a hint what it is, but not naming it!

Finally, when Amtak said about the TV ad, I realized it was Cisco....

And i have been trying to submit my resume for Program Mgr position for Cisco for the last 1 week - still not successfull, the careers and jobs links keep moving me in circles and finally bring me back to the video without showing me a single job opening -- god knows whats up with its website - can someone help

hondadude · 27th March 2009, 10:38

Quote:

Originally Posted by Spitfire

A large Networking Company based of ORR has: Stopped broadband reimbursement - no work from home - pay for your own, No free softdrinks, no free biscuits, fruits, juices, no premium coffees.

Just ask your friends in other product MNCs in India. The number of companies which give such freebies is very close to 0 now. CISCO is one of the best managed companies and they got there by executing really well. All these freebies are unaffordable luxuries in today's times.

... and no, I don't work for CISCO. I am just being realistic in today's times.

ajmat · 27th March 2009, 11:24

Quote:

Originally Posted by hondadude

Just ask your friends in other product MNCs in India. The number of companies which give such freebies is very close to 0 now. CISCO is one of the best managed companies and they got there by executing really well. All these freebies are unaffordable luxuries in today's times.

... and no, I don't work for CISCO. I am just being realistic in today's times.

Nothing has changed for one company down the road except for travel cuts and a few less lights. Focus on the big expenses first!

hondadude · 27th March 2009, 11:44

Quote:

Originally Posted by ajmat

Nothing has changed for one company down the road except for travel cuts and a few less lights. Focus on the big expenses first!

True and I am sure they are focusing on big expenses. AFAIK, these are global decisions and are not specific to Indian arm. Also all travel and hiring was frozen/cut quite some time back and I am pretty sure that is happening for all product MNCs in India.

26th March 2009, 15:54	#301
travelwriter BHPian Join Date: Feb 2009 Location: Hyderabad Posts: 302 Thanked: 120 Times	ashish22, have sent you a PM. Do check
	() Thanks

26th March 2009, 16:09	#303
Eddy Team-BHP Support Join Date: Apr 2007 Location: Singapore Posts: 9,587 Thanked: 14,619 Times	Its not about the actual $$$ saving in this case, but a move like this create an atmosphere of cost cutting. Kind of spread the message across before salary cuts / no bonus etc.
	() Thanks

26th March 2009, 16:10	#304
Spitfire BANNED Join Date: Jul 2006 Location: Panaji - Goa/Bangalore - Karnataka Posts: 3,313 Thanked: 778 Times	Apparently the company is going to save 50 million by these cuts Last edited by Spitfire : 26th March 2009 at 16:12.
	() Thanks

26th March 2009, 18:56	#310
NetfreakBombay Senior - BHPian Join Date: Jan 2008 Location: Bombay Posts: 1,481 Thanked: 1,138 Times	^^^ Thats surprising for me. At least in IT Services, company will loose Client's goodwill by firing you a "billable"star employee.
	() Thanks

26th March 2009, 20:06	#311
vivekiny2k Senior - BHPian Join Date: Feb 2005 Location: cincinnati, jabalpur,chennai Posts: 1,264 Thanked: 212 Times View My Garage	remember, the firing starts from the revenue pressure from the client. and at the end of the day managing your resources' expectations is your headache, not client's. imagine 60 star employees in your account of 70 (at different levels), all wanting the best of ratings and hikes.
	() Thanks