en-us https://www.intensedebate.com/users/359104 Comments by FlowingInk http://www.medianama.com/2009/03/223-bccl-cuts-salaries-dhariwal-writes-to-employees-about-the-road-to-unprofitability/#IDComment17125277 I think all companies should focus on cutting the frills & not the basics. Paycuts are acceptable if they are compensating that for not doing layoffs. Has or is anyone giving it a thought what all these 1000s & 1000s of layoffs will do to the crime scene in the city & country?? More effectively for people who cant handle the fact that they dont have financial freedom anymore & how they are going to overcome their regular lifestyle which is full of expense, credit cards, debts & more... Let there be paycuts & that too above the levels of certain grades where there are more frills attached. Cut off - Perks, Incentives, Usage of unnecessary leisure & status symbol items & expenditure. Layoffs is like running away from a problem. By doing that we may just be feuling the formation & foundation of a Grim Society full of cheat, vengence & crime. And it'll be too late to realise what we have done to the Society by large for bringing back "A" Company back to the Pink of Health!!!!!! Tue, 17 Mar 2009 06:47:13 +0000 http://www.medianama.com/2009/03/223-bccl-cuts-salaries-dhariwal-writes-to-employees-about-the-road-to-unprofitability/#IDComment17125277