Dr. Strangesave (or How I Learned to Stop Worrying and Cut the Costs)
Staff Report
No Vente at GoldmanGoldman Sachs, in the midst of a $1.3 billion cost cutting drive that will eliminate 1,000 jobs this year, downsized drinking cups at its New York headquarters to 10 ounces from 12 ounces. The company declined to provide details of how much it is savingGoldman Sachs, in the midst of a $1.3 billion cost cutting drive that will eliminate 1,000 jobs this year, downsized drinking cups at its New York headquarters to 10 ounces from 12 ounces. The company declined to provide details of how much it is saving.iStockphotoBlackBerry BlackoutWall Street banks are trying hard to save money. Barclays recently sent employees a memo reminding them that company-issued BlackBerries are to be used for “valid business purposes” only. Morgan Stanley says it has created tools to help employees monitorWall Street banks are trying hard to save money. Barclays recently sent employees a memo reminding them that company-issued BlackBerries are to be used for “valid business purposes” only. Morgan Stanley says it has created tools to help employees monitor their BlackBerry use and travel costs.Justin Sullivan/Getty ImagesFlying WirelessUnited, Continental, and Alaska Airlines have replaced the thousands of pages of flight manuals pilots must carry with iPads, saving thousands of gallons of jet fuel and the cost of millions of pieces of paper. The flight bags pilots carry can weigh as muUnited, Continental, and Alaska Airlines have replaced the thousands of pages of flight manuals pilots must carry with iPads, saving thousands of gallons of jet fuel and the cost of millions of pieces of paper. The flight bags pilots carry can weigh as much 38 pounds if navigational charts are included; the airlines say replacing them with 1.5-pound iPads also reduces back problems and other injuries.Getty Images/iStockphoto/The Fiscal TimesLet’s (Single) Bag ThisSuperValu, which uses 1.5 billion bags a year at its grocery stores, is retraining its cashiers and baggers to eliminate double-bagging, put more items in each bag and eliminate bags entirely for gallon jugs of milk and other things with handles. CustomerSuperValu, which uses 1.5 billion bags a year at its grocery stores, is retraining its cashiers and baggers to eliminate double-bagging, put more items in each bag and eliminate bags entirely for gallon jugs of milk and other things with handles. Customers get plastic bags, unless they specifically ask for paper – which costs more than twice as much, and are encouraged to bring reusable bags. Estimated savings: $4 million-$6 million a year.David McNew/Getty ImagesAnd Filch the TP, TooAt Avidian Technologies in Redmond, Washington, the company’s 35 employees are encouraged to bring back pens from trade shows and hotels, which CEO James Wong says saves hundreds of dollars a year. There have been reports that giant Wal-Mart, with more thAt Avidian Technologies in Redmond, Washington, the company’s 35 employees are encouraged to bring back pens from trade shows and hotels, which CEO James Wong says saves hundreds of dollars a year. There have been reports that giant Wal-Mart, with more than 2 million employees, does the same thing, although the company declined to comment.iStockphotoDisappearing GreeneryCompanies often rent plants for their offices and hire services to water and care for them, which can cost thousands of dollars a year. The Telegraph reported that Goldman Sachs ordered plants removed at its London offices as a cost-saving measure. “EveryCompanies often rent plants for their offices and hire services to water and care for them, which can cost thousands of dollars a year. The Telegraph reported that Goldman Sachs ordered plants removed at its London offices as a cost-saving measure. “Every dollar we don’t spend is a dollar available for the bottom line,” Morgan Stanley CEO James Gorman said at a town hall meeting this summer after an employee said he had noticed fewer plants around the office.Getty Images/The Fiscal Times
