06 February 2009

Cost Cutting......... ARGH!

Received a not very good news today after my 2 days exam leave. Heard it first from K and later confirmed with R, that my company has announced our latest cost cutting measures just yesterday.

All staffs (excluding sales) will have to take unpaid leaves ranging from 1.5 days to 3 days for the months of February and March, depending on seniority and function. When I heard that, I was taken aback, as that is a 15% pay cut, after a check with L.

I guess I really have no choice since that would definitely be better than a permanent paycut.

And yes, I am under the 3 days category....

Sad!

2 Macro Voice(s):

SEDONA said...

Hope things get better soon.

Marc said...

Sedona, thanks, and I hope so too.... :(