Some other ideas for cost cutting could be-
1. Reduction in mobile or phone reimbursement entitlements. Proper communication is required for the same, as each employee also must understand the need of the hour.
2. Picnics, get togathars etc to be immediately checked.
3. All Travels to be justified and approved by highest authority especially air.
4. The disposable glasses to be replaced by Glass tumblers for water consumption for optimisation.
5. Five Days week, for effective reduction in operational cost viz. power, fuel, stationary, pantry, transport etc, may be with extended hours of weekdays to compensate working hours loss, if required.
Regards,
Salil:idea: