Time to Survive

Forget about bonus, salary & increment. This is the time to survive and make sure we have work. Around 1.5 lakh people lost their jobs in the U.S. who was once considered to be a super power country. Here in India, the fear of job-lose is getting heated up. Survival is becoming a big question. It is not their mistake too. Any company or management will take necessary steps to stop going it's company to bankruptcy
Firing, stopping redundancies, salary-cut, hike-cut/bonus cut, recruitment stoppage are some in the list titled cost saving. At the end of day, management cannot come with a solution of filing c7 or chapter 13 bankruptcy. Lehman Brothers, Nortel etc. are good example and a lesson for others to learn. Satyam fradulent played a major role at this juncture, where N R Narayanmoorthy (Infosys mentor) told, it is high time to review all our financial departments' statements and financial positions to get rid of fraudulence. For the benefit of 10 or 20 company cannot sacrifice itself or other 1000 employees.