Some Gossip
A friend of mine who works for Nova in Yokohama has told me a bit of company gossip. It seems that the company who made 70.6 billion yen in sales in 2004 and has 50% of the eikaiwa market share is still not happy and is cutting back costs further.
As of January, the only supplies that will be paid for in the 600+ branches around Japan are paper, light fittings and cleaning products. That means no pens, staplers, highlighters and so on. My friend also said that he was given a biro pen with his name written on it. If he lost it, he had to buy a new one himself. If it ran out, he had to prove there was no more ink before another one was provided.
He’s apparently been getting revenge by using up the ink quickly by vandalising the desks in the branch. That uses up more cleaning product too, you see. He hopes to run out of ink in a month.
Geez, I’ve heard of cost-cutting measures but surely in a teaching environment, cutting stationary is a bit much?
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February 18th, 2006 at 8:42 pm
this is true..they are doing this in Shiga as well!! I am amazed that a company can operate like this yet the stock tells the story….down 70% in 2 years so I guess the investors know the story…good to go…l8
c