Reply to post: Cuts for Christmas

Royal Bank of Scotland IT contractor ban sparks murmurs of legal action

Polhotpot

Cuts for Christmas

Although it might not seem it, it's actually better for people's wellbeing to make cuts before rather than after Christmas.

The reason is that most people have their highest spending period over Christmas, and if they know their job isn't secure they can reduce their spending. If you wait until Jan/Feb, they often have a massive credit card bill from the festivities and are then told their income to pay it off is about to evaporate.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

SUBSCRIBE TO OUR WEEKLY TECH NEWSLETTER

Biting the hand that feeds IT © 1998–2020