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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Xpiderman who wrote (19080)	4/29/1998 1:54:00 PM
From: Debt Free	Read Replies (2) \| Respond to of 70976

Xy, For what it is worth, I would assume that the main benefit of having employees take vacations on some Fridays is simply a reduction in the liability that they would carry for each worker. Since these are paid days off then it will not impact cash flow and it may not impact their cost structure (depends on how the accounting is set up for vacations). However it is a way to reduce reduce your output without reducing employees. Doug

To: Xpiderman who wrote (19080)	4/30/1998 2:43:00 AM
From: Paul V.	Respond to of 70976

XyZhao,>GM, I can confirm the story that AMAT is cutting working hours and "force" its employee to use their vacation time on some Fridays. I think this is the first step to reduce cost while not lay-off people. If the industry downturn continues, a much tougher decision (layoff) has to be made to futher reduce the operation cost.< Any CEO worth his/her salt is going to monitor the corporation payroll to sales and I imagine with the semi equipment with the BTB # very close. Morgan, IMO, does an excellent job of controlling payroll. Big Bucks, and others who work for AMAT could give us a better insight as to how Morgan performs this difficult task. Regards, Paul V.