Wednesday, December 17, 2008

Is The Recession Messing With Your Office Christmas Party?

End of the year celebrations are a good way to boost morale in the office especially when the economy is not in the best shape. However some companies are scaling back or even canceling their Christmas parties. Take Seattle based cruise line Holland America's situation. They were set to have a themed black tie holiday party for 1,800 employees and guests at the Washington State Convention and Trade Center, but had to cancel due to the recession. Instead they are being offered a cookie and caroling social and paid time off to volunteer for the food bank network Northwest Harvest.

However, Yahoo is going through with their holiday party despite the announcement that they will slash 1,500 jobs and their CEO Jerry Yang will step down. Yahoo booked their Christmas party several months back to make sure that they could show appreciation for their employees. Even some companies like Knight Capital Group are going all out for their party.

According to the Chicago-based consulting firm Challenger, Gray & Christmas 77% of the companies polled this year are having Christmas parties which is down from 90% in 2007. So with that being said Portland, what are your office Christmas party plans? Is your company pulling out the all the stops or scaling back? Please let us know in the comments section below.

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