Reading this recalled me that someone working at a big company once told me that he often had to look for a whiteboard pen for 5 to 15 minutes, and that it was ridiculous because 10 minutes of his salary cost his employer more whiteboard pens than he would ever need… Yet, small budget cuts which target this kind of cheap stuff seems very common.
I once worked at a very large American company that announced that as part of the effort to hit the quarterly profit goal they would stop buying office supplies. The CEO announced that he he told the same thing to the European branch when he flew over there earlier in the week in the company jet.