Updated about 6 years ago on .
RE Managers Handing down sizing of staff and expenses?
With a recession looming and sizing a lean organization..
How are you'all handling the situation! Like what are you keen on downsizing, reducing costs, canceling contracts..
Are you looking at pay cuts, asking for a reduction on the monthly bills, restructuring the recurring property costs? etc
I have cut down on a lot of support staff, IT server costs, halted any new projects, working with the maintenance team to restructure their contract and possible cost reduction on what I can get hold of. We managing RE investments with our partner in PA.
What should I look at? as managers of family units (to stay lean and whether this out)