Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

KPMG UK asking Staff to cut time to beat recession and avoid layoffs

Posted: January 21st, 2009 | Author: | Filed under: Recession News | Tags: | No Comments »

Global accountancy firm KPMG has asked its 11,000 British staff if they would switch to a four-day week or take a long break to help avoid redundancies in the recession, a spokesman said on Saturday.