Cut the cost first and people last. How the Coronavirus is forcing employers to consider workforce cuts.
Cut the cost first and people last.
How the Coronavirus is forcing employers to consider workforce cuts.
As the coronavirus pandemic spreads, employers are facing the possibility of unplanned consolidation. To prevent the spread of the virus, employers are encouraging workers to work from home.
Although the work from home method is a good temporary solution, what happens if this virus expands into a three-month or more cycle? What if businesses have to cut their workforce because of a lack of business? What if the work from home employees can no longer work from home because budget dictates more extensive cuts?
I know it sounds like dooms day talk, but what if?
One method of saving these jobs would be to reduce the cost of an everyday commodity we know as Telecom. This is anything from phone systems, internet connectivity, mobile devices, just to name a few.
Now is the time to take in inventory and knock off dollars that can save businesses from having to force their people to find other opportunities. Over the course to 2020 IT departments have increased in staff, innovation, and programming. With the introduction of the Coronavirus, this progress could be stifled for a period of time causing an adverse effect through decreasing staff, hindering of innovation and cutting of programming.
So let’s be positive!
What if we can take this horrific global epidemic and turn it into a positive? What if we can use the possible downtime to calculate all of the unnecessary telecom expenses and repurpose funds to help invest and grow a company?
It’s possible, but how?
On the low end, telecom can be reduced around 15%. With the right partners, telecom can be reduced upwards of 30%. So how can you get these savings and keep your current workforce? Everything comes in finding the right partner with the best skillset and intent to help you reduce cost and grow your business while keeping the workforce you need.
You need to know where telecom dollars are being allocated not only on the front end, but the back end. So what does the “back end” mean? Contact VinVu today to see how telecom works and why it’s important to know.