If transaction volumes have dropped by 50 per cent, cut
headcount by 30 to 35 per cent (keep a 15 per cent buffer), and do it in departments directly affected.
The cost of sales trend is negative, a good situation for the plant, in condition to maintain sales per direct
headcount.
Headcount is expected to be down in the mid-single digits.
'We do not comment on speculations regarding further
headcount reductions,' the report said citing an UBS spokeswoman.
Consolidations of employment, even those intended to reduce overall
headcount, can stimulate a benefit in the jurisdiction affected by the employee movement.
"Budgets are shifting from
headcount to technology so that compliance can become repeatable, sustainable, and cost-effective."
and European companies have sought to cut their capital expenditure and operating costs, both of which impact directly on the
headcount of employees.
Chief executive officer, Phaneesh Murthy said the company plans to expand its employee count to about 7,000 from its current
headcount of 3,300.
Early in the downturn, at least a few businesses were trying to avoid layoffs by using other means--like sabbaticals or pay cuts--to reduce payrolls and
headcounts. But layoffs surged as business conditions worsened, especially after Sept.
As you'll see later, a click on Current Reports evokes the current worksheet that, in turn, can access any of several financial documents, including an income statement, a balance sheet and a
headcount report.
Headcount, in fact, is where overfunding is most readily apparent.
In response to the economic crisis and internationalisation,
headcounts have shrunk, and managers have had to take on greater and wider responsibilities.
