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But with half of the fiscal year nearly gone, the full-year savings will have to be realized in six months, so it will feel more like an 18% cut.
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What is more, given the intractable verification problems associated with monitoring some of the forces to be reduced, it is impossible to have great confidence that the promised benefits of such agreements will actually be realized.
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Bunger believes that Mobile Productivity 3.0 will be fully realized when no devices are owned by IT at all.
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There can be no assurance that the transaction will be completed, or if it is completed, that it will close within the anticipated time period or that the expected benefits of the transaction will be realized.
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Additional sizable savings will be realized from foregoing aircraft maintenance, reducing ship and aircraft operations, cutting IT spending 25%, and firing hundreds of temporary employees.
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But of course I also realized that no matter what happened it would all be a worthwhile drill for the future disasters that will inevitably come our way.
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