downsizing

rather than downsizing they should cut the expenses done by the people in senior level, senior level managers tends to spend lavishly, i can say they spend like as if they are kings

With economic slow down,most companies emphasise more on enhancing resource productivity,cutting down cost and controlling wastages of all kinds.But,they do retain their talented,loyal and competent emplyees who they feel,contributing maximum to their growth and performance.Many ordinary and low performing employees find themselves insecured and uncomfortable.It is a testing time both for the employer and employees.One has to remain alert and keep track of of alternate job opportunities else where. It is an interesting topic. Thanks.