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MiD DAY compiles a list of the top five cost-cutting measures adopted by various industries due to increase in cost pressure, reduction in margins and widening credit crunch.
Airlines and corporate houses *Take b/w printouts instead of colour *Cut down use of ACs by at least two hours a day *Cut down on newspapers and magazines *Fly only if necessary and by economy class; else use video-conferencing (VC) *Flights carry only half a tank of water for toilet use, as this reduces weight of the aircraft and, in turn, cuts fuel consumption
Real estate firms *No parties on company expenses *Cut on toilet paper, soap and teabags *Maintain AC temperature not below 20°C to save electricity *Take a print out or photocopy only if required *Switch off computers when not in use *No increments, recruitment
Software firms *No more teacups; stringent regulation of tea bags given to each work group *Double check provision of toiletries *Discourage intra-city travel for meetings; VC encouraged *Cut down on all agency staff *No replacement of staff; fire selected top officials with hefty pay packets |