InnoTek

[holymage]

It does make sense from my personal experience as well. My industry is currently in a cyclical downturn. Management decided to cut bonus and several perks like traveling, entertainment and training budget. Look at neo garden and they have reported how the poor economy affected their catering business. Cutting costs is the easiest way to cushion the bottom line. But there is just so much one can do via this option without impacting quality and morale.

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