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Cost cutting includes holiday parties

This in from

“David Westin, president of ABC News, sent out an e-mail to staffers announcing that the economic downturn means that the network was canceling all holiday parties. Additional cost-saving measures include executives traveling on cheaper flights and staying in cheaper hotels, the canceling of all print subscriptions in favor of online access, and keeping conference and convention attendance to a minimum.”

Tell us your secret if you’re not hearing “Ho. Ho. No.” at your company this season.

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