Comments on: New opportunities from telecoms staff downsizing https://ict-pulse.com/2015/10/opportunities-telecoms-staff-downsizing/?utm_source=rss&utm_medium=rss&utm_campaign=opportunities-telecoms-staff-downsizing&utm_source=rss&utm_medium=rss&utm_campaign=opportunities-telecoms-staff-downsizing Discussing ICT, telecommunications and technology Issues from a Caribbean perspective Sat, 08 Apr 2017 00:52:15 +0000 hourly 1 By: Kamutula https://ict-pulse.com/2015/10/opportunities-telecoms-staff-downsizing/#comment-171907 Sat, 17 Oct 2015 23:47:59 +0000 http://www.ict-pulse.com/?p=79326#comment-171907 While acknowledging the human side of employees involved in any staff downsizing, the fact is that every business goes through a rough patch at least once in its life cycle, more so technology-related businesses.

Let it be recognised that in many companies the labour cost ( remuneration, leave pay etc ), even a well-managed one, is about 30 to 40% of total operating costs. If not well managed this can balloon to more than half revenue.

And so sometimes it becomes inevitable to reduce staff in order to get through the rough times. Often companies that pull through such times do bounce back and re-hire even more staff ( at times even former ) staff.

For the affected employees, one just never knows what opportunities might have been out there for you.

]]> By: john thompson https://ict-pulse.com/2015/10/opportunities-telecoms-staff-downsizing/#comment-171906 Thu, 15 Oct 2015 16:07:24 +0000 http://www.ict-pulse.com/?p=79326#comment-171906 Lay off low level workers and raise the rates on old voice technology that only these level earners can manage to afford, unenterprising business model for the future development of markets. Time the paradigm shifted to embracing a different picture of viable alternatives? What are they maybe this info can help everyone involved not just the laid off?

]]>