FlyerTalk Forums - View Single Post - Corporate Travel Cuts: Coporate Concern or Cynical Cost Cutting???
Old Sep 24, 2001 | 9:13 am
  #4  
767-322ETOPS
 
Join Date: Jun 2001
Location: Madison NJ; Watopia
Posts: 3,161
I work for a mid sized money manager in Manhattan. Among recent travel developments here:

1.) All travel must be business critical and be pre-approved by a managing director. Pre-approval used to be at the VP level.

2.) They are reminding everyone to adhere to a policy that has actually been in place for some time wherein no more than 2 officers may be on the same flight. If 3 or more officers are traveling, even if working on the same project/deal, then we have to split up.

I see #1 as a cost cutting move, and #2 are business continuity planning.

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