For employers trimming costs, axing workers is just one method

% TAKING % CONSIDERING ACTION* ACTION

LAYOFFS 50% 38%

DELAYING NEW-HIRE 18 25 START DATES

REDUCING PERKS 13 14

SALARY FREEZES 9 20

REVOKING JOB OFFERS 9 6

FREEZING PROMOTIONS 8 11

UNPAID VACATIONS 4 7

* From a survey of over 100 companies in August, 2001

Data: William M. Mercer Inc.

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