Corporate slashes on travel


A study of 900 employers by CIPD and KPMG reported that 38 per cent of organisations were making reductions in business travel costs, with 60 per cent reducing international trips. In turn, the ACTE 2009 Business Travel Spend Survey found a massive 71 per cent of US corporates would be spending less on travel this year. For the full story, please see ITIJ 100