Message #79710

[raindance]

I agree with CG - the global economy is not likely to improve this year. 

My company isn't struggling, but we do have to be careful with our expenditure.  We have implemented cost-saving programme to reduce procurement costs, and we have also managed to let part of our building.  We're in a good central position in our city so can market our meeting rooms as a reasonable-cost, but attractive and well-equipped option for meetings.  We have also reduced the amount of money we are owed by four-fifths. 

I don't think that any of us will be facing redundancy this year.  We have never had that, although about two years ago there was a difficulty.  We have had a job evaluation and half of us had our salaries frozen or lowered (mine was reduced). 

These are hard times for us all, so I guess we have to be grateful if we escape relatively unscathed.