Epaper
The recession rampage has been eating away some of the biggest organizations the world has ever seen and while a few of them have been going in for bankruptcy, there are those who have gone for some intense lay offs and pink slips with their work force.
However, there are those companies who are managing to put up a brave show by announcing that no job losses or retrenchments are happening but the inside truth is they have been adopting a very smart approach to ensure that the mud doesn’t stick to their hands and their shareholders are happy.
There is news that few companies have taken a slot system of removing folks. Since removing a good number of employees would demand for a press release, the companies are said to be taking out people in a number of twenty to thirty from time to time. This way, not much noise is heard from these corners and the objective is being achieved.