It also hinted at rationalisations, calling for the workforce to pull together for the greater good of the company. On 15 March, the Financial Times reported that the company had plans to cut its oversized and heavily-unionised workforce by a third.
The announcement comes at a time when NTT DoCoMo, the company that controls 60 per cent of the market, is attempting to reorganise and rationalise its workforce as it faces incurring an extraordinary loss of Y400bn ($3.4bn).
Cable and Wireless has admitted that it swapped capacity with other operators and admitted that it added the value of these operations to its balance sheet straight away, even though some of the contracts are 20 years long.
Its workSMART guide, available at www.worksmart.org.uk, also ties in with national Work Life Balance Week and features advice on issues such as working hours, claiming expenses, training, isolation and health and safety.
For example, workforce information can be shared with a CRM database to guide training programmes, or a customer database can have a direct link into inventory information. PeopleSoft has split its relationship management enterprise software...
Moving operational costs and capital expenditure off the balance sheet is good but risk rises as more and more complex business processes are left to outsiders whose loyalties lie elsewhere. I think some companies are just not honest with their...
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