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Updated about 5 years ago on .

User Stats

6
Posts
1
Votes
Jintu Philip
  • Investor
  • TX
1
Votes |
6
Posts

RE Managers Handing down sizing of staff and expenses?

Jintu Philip
  • Investor
  • TX
Posted

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)