While layoffs make headlines, some companies are finding creative ways to respond to the recession.
While layoffs make headlines, some companies are finding creative ways to respond to the recession:
- Red Hat, a provider of Linux-based software, recently decided to cancel its big holiday party -- and instead donate the money saved to a food bank charity that employees selected.
- Using technology from a company called ON24, publisher Elsevier is hosting a conference that people can come to either in-person or virtually -- with the latter a handy option for attendees looking to save on travel expenses.
- Meanwhile, some companies, such as Hubbardton Forge, have announced decisions to reduce employees' hours to avoid layoffs.