Cutting costs in the work place

[Alexandoy]

I have experienced this issue of cost cutting in the work place when our country had a problem with foreign currency. Our HR issued a memo to turn off all the lights and other appliances during the 1-hour lunch break. There was also a guideline on the thrifty way of using water. Even the use of paper and other consumable supplies have to be done sparingly. The battlecry was - saving a peso is better than spending a peso.

I don’t know how much the company had saved from the cost-cutting measures. But come to think of it, if all offices will do that every day then the economy of the country can somehow benefit from the savings. It may not be much but the habit of frugality is more important than the money that was saved.

 

[Augusta]

Yeah cutting cost in all sense of it. Is good even in our personal life it will be useful. Cutting cost makes or bring a lot of savings. So other companies and businesses should always look into this first than retrenching the workers because the effect is always very high on the people involved