Job Cuts, Lay-offs, economic crunch, financial slowdown, retrenchment, recession - the BUZZ words for the current financial year! And everyone's experiencing the pinch of it!
Infact I was just looking at the Layoff tracker on Forbes. The numbers look scary!
The biggest economic turmoil I've ever witnessed. And in some way or the other it has affected all levels of employment. Jobs are at stake - One day you're earning big bucks and the next day you have a pink slip at your desk. No hikes, no promotions, no bonuses - Elements that were considered default with every year of work have now become void!
I now hear people say "Who cares about the bonus; I want my job intact"!
Massive job cuts across the globe have got people thinking "Where is this heading off to". People have started to cut down expenditure on everything - clothing, food, accommodation, travel....Everyone's beginning to feel the crunch.
MONEY has made man so dependent on it that without it he's like a drowned fish!
