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Dec 22, 2008

Loss to Indian companies in the global slowdown

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The global slowdown hits Indian economy very hard. The impact is very high on Indian companies. Most of the Indian companies have been suffering loss due to the global and domestic slowdown.

Companies have been trying the cost-cut measures in order to keep their financial position fit in this global slowdown. Some companies have been cutting the production due to the slump in demand for the products.

The demand and supply forces have been the tools to define the marketing strategies of companies. The lump in the demand results fall in the revenue and ultimately it will have impact on the employees.

Revenue loss and the maintenance of huge human resources would a big deal for the companies to maintain in the time of slowdown. Many companies across the globe have declared lay-off and those have saved their jobs. Hope, the slowdown would soon come an end and the companies would cherish in the economy.


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