Companies Cutting Expenses
In Lieu of Jobs
Many of the companies with a 1.000 or more employees have made cuts
in their operating expenses in lieu of cutting jobs as the face the
financial crisis. Companies like Dos Pinos, Bridgestone, Coca Cola,
Intel and TACA, have all preferred not to cut jobs at this time.
"Before cutting jobs we have strongly cut operating costs", Lindberg
Araya, the head of human resources at Dos Pinos, told the daily Al
Dia. Araya added that the company was quick to restructure its
liabilities, which meant health finances for the company.
Part of the changes the company has made is taking a very close look
before offering any new job positions, or constructing a new
building or authorize trips, as well as not ordering excess in raw
material.
Dos Pinos employees more than 3.000.
Bridgestone will apply planned production work stoppages, using the
time for its employees to take training course, do maintenance work
on the machines, which in turn mean lower costs.
Coca Cola Femsa has had a cost reduction program in effect since the
middle of 2008, allowing the company to operate lean and not cut any
jobs.
For their part, the executives at Intel Costa Rica, have doubled
their efforts in cutting all unnecessary costs, like trips and using
telephone conferencing for many of its meetings.
Intel has announced job cuts worldwide, but not will take place at
its Costa Rica facility. |
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