MORE COST-CUTTING The dismal first-quarter showing will accelerate cost-cutting efforts across the sector.
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COST-CUTTING Still, cost-cutting efforts are helping to ease Vale's capital spending needs for the years ahead.
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Cannabis companies face executive shake-ups, layoffs, and other cost-cutting measures Other Canadian cannabis giants have announced cost-cutting layoffs in recent weeks.
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Cost-Cutting Benefits Delayed: We do not expect the company's EBITDA margins to improve from the high 30s in the short to medium term, in spite of substantial cost-cutting efforts.
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The company's results were helped by cost cutting and acquisitions.
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That kind of modular solution is a cost cutting measure.
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South Carolina's cost cutting went beyond just imprisoning fewer people.
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Survivors had hoped cost cutting would help them fight back.
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COST-CUTTING Lufthansa's cost-cutting drive to compete with leaner rivals has progressed slowly because of resistance from unions, but it agreed a wide-ranging deal last week on pay and conditions for cabin crew.
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He also cited expectations for better business fundamentals and cost cutting.
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Cost cutting has also reduced incentives to cut production, said CRU.
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Why it's happening: Cost-cutting: sports programming is the most expensive.
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Biogen earnings topped expectations, helped by aggressive cost cutting, Reuters said.
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He urged stricter cost-cutting efforts and a stance toward austerity.
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GE's profit reflected 7-percent revenue growth and vigorous cost cutting.
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Toyota's current cost-cutting drive began in January, propelled by Kobayashi.
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It also gained from a cost-cutting exercise early last year.
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For your business, there are many relatively easy cost-cutting measures.
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Also, the company plans to continue cost cutting in its business.
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Everything else was viewed through the lens of a cost cutting.
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Cost cutting and streamlining manufacturing have boosted profits, revenues and margins.
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Since then, Staples has announced cost-cutting plans and operational restructuring.
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The company said it has been cost cutting across several departments.
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Critics say the cost-cutting so far has been mostly cosmetic.
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Interscone's cost-cutting on batteries, however, was eventually the company's downfall.
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That leaves cost cutting high on the agenda for German lenders.
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For obvious cost-cutting reasons, the keyboard isn't backlit at all.
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Such cost-cutting measures do not jeopardize current or future benefits.
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The decision came as a part of a cost-cutting plan.
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But restructuring and cost-cutting should cushion the blow, Bornstein said.
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Aggressive cost-cutting measures and lower commodity costs helped boost profits.
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That is broadly unchanged from a decade ago, despite cost cutting.
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In the meantime, banks are sticking to their cost-cutting playbook.
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"Cost cutting certainly is a late-cycle exercise," Mr. Rose said.
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The remaining cost-cutting will take place at farms, Bosch said.
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The earnings gains are no longer coming primarily from cost cutting.
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She'd already laid off numerous staff as a cost-cutting measure.
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Vanity Fair's owner Condé Nast is doing some serious cost-cutting.
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That in turn could force more cost-cutting by auto sector manufacturers.
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It all comes amid cost-cutting at Microsoft's money-losing phone business.
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Those are some notably major cost-cutting measures for a $750 phone.
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Worse, an emphasis on cost-cutting over mission safety could easily develop.
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It feels a bit cheap — one of those aforementioned cost cutting measures.
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This comes despite a heavy cost-cutting programme instigated by the company.
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Yet the cost-cutting that helped PSA will be hard to repeat.
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Acquiring firms usually seek new technologies or overlaps that allow cost-cutting.
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Can you just see the cost-cutting path much more clearly now?
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That's smart and sustainable cost-cutting and profit generation through productivity growth.
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It's an example of CFO Ruth Porat's cost-cutting efforts at work.
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That effort has largely been wound down as a cost-cutting measure.
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Ms. Purcell has said the cuts were primarily a cost-cutting measure.
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He, therefore, hopes to move Kraft Heinz beyond its cost-cutting focus.
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A cost-cutting crusader could stringently curtail the bank's budget and ambitions.
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GEO Group's cost-cutting and risky practices have no place in California.
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Some attribute its rebound partly to Apple's weaker performance, and cost-cutting.
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Fixed-line revenue declined 1.5 percent, but margins improved on cost-cutting.
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The move is part of the wider cost-cutting trend of outsourcing.
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Is there concern about how cost-cutting will hurt service and jobs?
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Lasting cost-cutting steps will need legislation, which will require bipartisan compromise.
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The Pentagon, for example, has pushed suppliers to focus on cost cutting.
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The downgraded screen is one of the clear cost-cutting measures here.
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The Trump administration predicts that its cost-cutting will slow this rise.
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Innovations such as parametric policies help with cost-cutting and fraud prevention.
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The closure appears to be part of wider cost-cutting at Alphabet.
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That limited amount of convergence, however, means cost-cutting opportunities are few.
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She may also propose some cost-cutting, which Congress will probably ignore.
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The quarter's theme will be about revenue growth, not about cost cutting.
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They have also launched massive cost-cutting programs and revenue-boosting initiatives.
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The Bank of America cost-cutting machine hummed along for another quarter.
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Telstra is about to axe 1400 positions as a cost-cutting measure.
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But her cost-cutting push has raised concerns among Google's vocal employees.
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That would seem to stand in contrast to 3G's cost-cutting practices.
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It plans to emphasize "voluntary" cost-cutting experiments rather than mandatory ones.
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This is largely because of deep cost-cutting measures taken during the downturn.
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Reduced taxes, cost-cutting and fewer regulations tend to help markets as well.
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"This is not a cost-cutting measure," a source at the bank said.
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He also said that Opel was making progress with its cost-cutting efforts.
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Cost-cutting rather than revenue growth will factor more into profits, he said.
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With each purchase 3G has implemented a business plan based on cost-cutting.
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She said companies focused a lot on cost cutting to maintain their margins.
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Cost-cutting is under way to try and pay for the production boost.
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The dismal first-quarter showing will accelerate cost-cutting efforts across the sector.
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The Guardian has planned cost cutting measures costs to bolster its bottom line.
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Vale also hired Brazilian consultancy firm Falconi to advise on cost-cutting efforts.
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The bank also showed signs that cost-cutting is beginning to upset customers.
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A history of cost-cutting and shoddy maintenance was blamed for the disaster.
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In the context of overall government cost-cutting, the policy is hardly significant.
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A full merger would allow more cost-cutting and sharing of production lines.
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Results were helped by cost cutting, though refining margins narrowed from previous quarters.
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Mylan said it would make expansions to its already existing cost-cutting programs.
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The battle between quality and cost-cutting will surely intensify, says Mr Oguchi.
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If it hits its cost-cutting targets, this will rise to about 6%.
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To maximize cost-cutting, they could just trust that people won't loot it.
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Outsourcing and now insourcing become a major knob to turn for cost cutting.
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Mr. van Beurden appears to be following the acquisition with aggressive cost-cutting.
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FROST: NOW PART OF THE COST CUTTING HAS BEEN REDUCING YOUR HEAD COUNT.
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And when it is time for cost cutting, you're the first to go.
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But cost cutting won't be enough to get Blue Apron back on track.
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"Cost-cutting efforts will need to be ramped up even more," he said.
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In this third quarter, Uber has begun a series of cost-cutting measures.
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The miner's earnings increased thanks to cost cutting and reducing its capital expenditure.
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Polman had recognised the problem, and unveiled a cost-cutting programme last year.
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They insisted it is not a cost-cutting strategy to replace human managers.
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However, previous attempts to get cost cutting measures through the Senate have failed.
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Citigroup Inc posted higher-than-expected earnings as cost-cutting offset falling revenues.
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The new cost-cutting guidance fell roughly in the middle of analyst expectations.
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"We've expanded our asset sales and cost-cutting plan three times," Jung said.
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Merging with a giant bank would remove some of those cost-cutting advantages.
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Nonetheless. Legere was celebrated for his cost-cutting skills as Global Crossing CEO.
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City officials defended the move as necessary cost-cutting for a bankrupt city.
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Often conservative cost-cutting ideas are the same as those advanced by liberals.
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Third, how deep will the cost-cutting be at the struggling industrial giant?
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Hershey was helped by stronger U.S. demand as well as cost-cutting measures.
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The move was part of an ongoing cost-cutting programme, the sources said.
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As President, Trump may be attracted to the team's knack for cost-cutting.
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But neither beauty nor cost-cutting is the primary motive for swath mowing.
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Headlines - HSBC to axe up to 10,000 jobs in cost-cutting drive on.ft.
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For the former, it likely means some cost-cutting and potentially staff changes.
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WeWork is laying off 2,400 employees as a cost-cutting measure, CNBC reports.
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That makes software ripe for acquisitions and follow-on cost cutting -- Tan's specialty.
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Critics argue that these companies' cost-cutting incentives can lead to substandard care.
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Cost Cutting: A Bandaid on a Broken System For a clear illustration of cost-cutting to deliver returns, consider the Brazilian private-equity firm 23G Capital Partners LLP's buyout of Heinz in 235, followed by Heinz's $22.4-billion acquisition of Kraft.
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Ericsson (ERIC) announced more cost-cutting moves, following weaker than expected second quarter profit.
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GDAXI as investors worried the company's cost-cutting plans could be thrown off course.
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CSX's bottom line was helped by cost cutting and higher prices for freight delivery.
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It has a reputation for cost cutting, including at the expense of its workers.
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MGM is on a cost-cutting initiative to boost profit by $300 million annually.
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Walgreens attributed the drop in profit to expenses associated with its cost-cutting program.
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SoundCloud's lavish Berlin headquarters where employees were laid off without warnings about cost-cutting.
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The carmaker announced a cost-cutting plan that could lead to more job losses.
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Moynihan also said there will "absolutely" be more cost-cutting ahead for the bank.
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Its battery life is incredible and worth the cost-cutting that Motorola did elsewhere.
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Cost cutting helped the company offset lower oil process and lower demand for rigs.
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Ericsson — Ericsson announced more cost-cutting moves, following weaker-than-expected second-quarter profit.
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The move comes amid a larger cost-cutting effort by the electric car company.
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Cost cutting was already a major driver of bank earnings for the first quarter.
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The company rebranded the cost-cutting program internally to "Save to Invest to Grow."
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Depending on the cost cutting achieved, the bonuses could reach up to $11.9 million.
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The region's administration is implementing extensive cost-cutting measures in operating and capital expenditure.
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But asset sales, debt reduction and cost-cutting have led it back to health.
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The bank announced the cost-cutting moves even as quarterly estimates met analysts forecasts.
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It has taken up cost-cutting measures, including layoffs and shutting some Paris operations.
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Cost cutting, improved weather since and rising consumer product sales supported the profit line.
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Morale is poor from a battered share price and cost-cutting measures sap momentum.
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But most of View's customers are not buying solely for sustainability or cost-cutting.
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Rail companies have demonstrated efficiency through cost-cutting and other means, according to Hartford.
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The company axed the app earlier this year amid a bigger cost-cutting push.
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In 13, a cost-cutting state government slashed its funding by 90 percent overnight.
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The results also showed the effect of Boeing's cost-cutting and factory productivity improvements.
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The asset manager also said its restructuring and cost-cutting plan was on track.
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When he spoke about cost cutting, that immediately resonates with everyone on Wall Street.
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Monsanto's expenses also dropped, by nearly 2102.15 percent, as cost-cutting measures paid off.
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Cost-cutting has been one of the main policies to overcome such difficult times.
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Cost-cutting Morrisons recently reported its first slight lift in sales for four years.
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Kontoor said it was seeing the benefits of prior cost-cutting and restructuring initiatives.
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Tiger Management said that GameStop should analyze cost-cutting measures, particularly surrounding administrative expenses.
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Maybe cost cutting and its exit from China have something to do with it.
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She oversaw rounds of cost-cutting and then decided to break up the company.
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All of them said they would further optimise capacity and step up cost-cutting.
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Mr. Sweeney argues his short-term solutions are meant to incentivize future cost-cutting.
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The company's new chief executive, John L. Flannery, has pledged to accelerate cost cutting.
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But 3G has been frequently criticized for its ruthless cost-cutting measures, including layoffs.
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During the negotiations, the specter of 3G's famous cost cutting hung over the deal.
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At least some details on cost-cutting are expected when Ford reports on Wednesday.
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The company said the early repayment was in line with a cost-cutting strategy.
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Navarro said further cost-cutting efforts would center on the transition to digital services.
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Cost-cutting efforts and exiting unprofitable overseas operations should also help reduce earnings volatility.
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HSBC, Europe's biggest bank by assets, said that cost cutting had boosted its results.
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These changes are driven by consumer preferences, not just by corporate cost-cutting imperatives.
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But cost-cutting measures will phase out the benefit in the next two years.
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Oh yes, let's not forget ongoing cost-cutting that includes a lot of layoffs.
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Novo, will present the cost-cutting plan when it announces second-quarter results, Borsen reported.
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He has promised to deliver with further cost-cutting and make the bank profitable again.
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Air France-KLM's cost-cutting plans come at a difficult time for the airline industry.
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LG did not release a flagship model during the quarter and focused on cost-cutting.
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It wasn't just bailed-out nations that were press-ganged into implementing cost-cutting measures.
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Cost-cutting will free up another 2 trillion yen for purchases, the procurement paper said.
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There's another reason wartime steel transitioned so well into particle physics, aside from cost-cutting.
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Cost-cutting will free up another 2 trillion yen for purchases, the procurement paper said.
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Other times, it prompts them to pull everything back in the name of cost-cutting.
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The publisher last month announced a fresh cost-cutting program, targeting $400 million in savings.
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The company has embarked on a cost-cutting campaign that should help it going forward.
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Decade after decade of deferred maintenance and cost cutting have put us all in danger.
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According to CNBC, it was a "more drastic cost-cutting plan than investors had expected."
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The company said it will likely raise its cost-cutting targets in the coming months.
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The company raised its cost-cutting target from $2.4 billion to $2.7 billion this year.
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Initially seen as a cost-cutting measure, the decision has instead cost the city immensely.
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The company also said its cost-cutting measures are expected to save it $400 million.
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WILFRED FROST: And your shareholders, they embrace this sort of cost-cutting measure, embracing technology?
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In February it increased its cost-cutting target to fight competition from more agile rivals.
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Iloka, 28, was released in a cost-cutting move by the Cincinnati Bengals last week.
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The company let 500-600 employees go in a cost-cutting move made in February.
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Meanwhile, the drive for cost-cutting continued and innovations could result in further "step changes".
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Now, executives at Boeing suppliers say Muilenburg is pushing a renewed round of cost cutting.
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With earnings, we can get all sorts of financial engineering, like cost cutting, or buybacks.
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Those increases were offset by cost-cutting and the sale of property, the company said.
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Some of the areas targeted for cost cutting include shipment, technology and online product assortments.
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A favoured cost-cutting strategy among shipping firms so far has been to form alliances.
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The economic fallout from the Brexit vote is likely to cause cost-cutting across Europe.
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It combines the best of the cherry pitter with the cost-cutting benefits of DIY.
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But profit jumped 50 percent and margins widened 4.6 percentage points, helped by cost cutting.
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" GE is considering extensive cost-cutting measures, and Peltz said "everything is on the table.
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Stevens credited cost-cutting and a shift to higher-profit trucks and sport utility vehicles.
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Kraft Heinz is operated by 3G Capital, a Brazilian company notorious for its cost-cutting.
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The company's cost-cutting measures and other factors could attract investors despite winter's late start.
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The second-quarter earnings surprise is a sign that Mr. Müller's cost-cutting is working.
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The chief conflict comes from Reg (Rafe Spall), the band's British cost-cutting financial adviser.
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Houchois said car companies historically have a strong track record of achieving cost-cutting guidance.
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The bank said earlier this month that it was behind in its cost-cutting objectives.
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Italy's biggest telecoms group more nearly tripled the cost cutting target in its business plan.
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Intel reported a better-than-expected profit as its cost-cutting begin to pay off.
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CSX's results were helped by cost-cutting as well as higher prices for transporting freight.
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CSX's results were helped by cost cutting as well as higher prices for transporting freight.
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The president has frequently discussed using tariffs to protect American manufacturers from cost-cutting rivals.
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As part of the cost cutting, he said, Tesla would henceforth take orders only online.
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"If revenue is not going to be increasing, there's got to be cost-cutting somewhere."
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The Post has said that it was profitable last year — and not through cost-cutting.
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It may also have have less room for cost-cutting than does the soup giant.
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There are many ways to encourage such cost-cutting—to encourage technological and managerial innovation.
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Pessina said the company is "satisfied with the progress" made by its cost-cutting program.
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He also announced plans to close most of Tesla's stores in a cost-cutting move.
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Sears is working toward an ultimate cost-cutting goal of $1.25 billion in fiscal 2017.
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Despite airlines' cost-cutting measures, executives signaled more pain is ahead as bookings drop precipitously.
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The head of investment banking at HBSC, Samir Assaf, reckons this will help with cost-cutting.
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But this has not brought the full rewards of the cost-cutting allowed by a merger.
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The new cost cutting drive is a continuation of Volkswagen's 3303 billion euros Zukunftspakt savings plan.
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Rising commodities prices and aggressive cost-cutting helped both companies to boost earnings and cut debt.
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Shale producers won the price war through aggressive cost-cutting and rapid advances in drilling technology.
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Itaú's cost-cutting push comes amid fiercer competition from financial startups and more intense regulatory pressure.
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It is driven by key factors such as continued cost cutting and operational efficiency driving consolidation.
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Corporate revenue expansion is slowing, so companies turn to cost-cutting, stock buybacks and financial engineering.
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But I do think that the cost-cutting story is still very much front and center.
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Following his appointment, Lynch had to oversee a period of cost-cutting as commodity prices fell.
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The cost-cutting program has included layoffs, a hiring freeze and a halt on pay rises.
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Prez Obama continues his cost-cutting initiatives by sharing a cup of shaved ice with Malia.
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As such, companies that have pivoted to embrace cost-cutting stand to reap the highest benefits.
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DuPont's cost-cutting measures will add about 53.343 cents per share to the company's 2016 profit.
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The latest round of cost cutting coincides with the maturity of a $920 million convertible bond.
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"It was all kind of internal - either pricing or cost cutting," said Jefferies analyst Stephen Volkmann.
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Quarterly results for oilfield companies overall should get a lift from cost-cutting and greater activity.
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The fall in customer orders came despite cost-cutting measures that helped boost its profit margin.
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Underlying profit for the unit still grew 5.7 percent, the company said, due to cost cutting.
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Margins were boosted by cost-cutting and maximizing equipment usage, Miller said on a conference call.
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Two cost-cutting rounds of layoffs affected hundreds of Snap employees last year beginning in March.
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GoPro was helped by cost cutting as well as strong demand for its least expensive cameras.
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It also announced a $1 billion cost cutting initiative to rely more on outsourcing and technology.
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Rajoy had blocked free health care for some migrants in 2012 as a cost-cutting measure.
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The analyst believes the cost-cutting program is inevitable as the longstanding subsidy system in unsustainable.
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"This is not a cost-cutting programme - it's a fitness programme and a simplification," said Mucic.
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Drahi made his fortune through debt-fueled acquisitions swiftly followed by cost cutting to boost profits.
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And in 2014, the firm said it would embark on three years of savage cost-cutting.
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Cost cutting inevitably produces poor outcomes — understaffed facilities, rife with drugs and contraband, escapes and violence.
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Total expenses at Devon, which has been undertaking cost-cutting efforts, fell 23.9% to $1.65 billion.
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But sales have declined significantly, and cost-cutting efforts haven't been enough to stop the bleeding.
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In 2011, the SSA stopped mailing annual benefit statements in 0003 in a cost-cutting move.
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Those increases were offset by cost-cutting initiatives and the sale of property, the company said.
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AS, Buffett acknowledged a dislike for the cost-cutting for which the Brazilian firm is known.
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That meant cost-cutting took priority over developing a cohesive vision and approach to growing brands.
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Flannery took aim at the GE air fleet as one of his first cost-cutting initiatives.
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EBay Inc rose 6.1 percent after the company topped profit expectations, helped by cost cutting efforts.
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But the board took immediate cost-cutting measures and halved Faraday Grid's existing staff to 100.
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Heading in opposite directionsThe years of deep cost cutting caught up with Kraft Heinz this year.
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In a conference call, Yahoo Chief Financial Officer Ken Goldman touted the company's cost-cutting efforts.
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The group's French brand has lagged rivals on the cost-cutting front, leading to lower profitability.
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That also means they can pocket more savings achieved through cost cutting, like laying off workers.
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The switch of the city's water source to the Flint River was a cost-cutting measure.
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Nokia announced its latest cost cutting plan in October, without spelling out the impact on jobs.
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But the property's obvious cost-cutting measures are a strike against longer stays and romantic getaways.
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In other arenas, by contrast, contracting out to incentivize cost cutting is probably a good idea.
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The overall cost-cutting target has been upped to $1.5 billion, to be achieved by 103.
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Thousands of white-collar jobs are also being cut as part of a cost-cutting drive.
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Even when such cost-cutting is not the top reason a company outsources, workers usually suffer.
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Arnold Schwarzenegger, dropped Columbus Day as a state holiday in 2009 as a cost-cutting measure.
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Tech layoffs rise as cost-cutting comes into vogue 23andMe and Mozilla are not alone, however.
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In November, WeWork laid off nearly 20 percent of its employees as a cost-cutting measure.
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The asset sales, which could raise $800 million combined for the trio, come amid cost cutting.
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Still, Spirit has cut 200 jobs through early retirements and sharpened its focus on cost-cutting.
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E.O.s told employees yesterday that cost-cutting efforts could lead to a sweeping round of layoffs.
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A smaller managing-director class wasn&apost unexpected, given the bank&aposs recent cost-cutting measures.
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Both Ross and Prabhu agreed Wednesday that "cost-cutting" was critical to future space discovery projects.
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Further cost-cutting measures are envisaged over the medium term to adjust spending to falling revenue.
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It moved to accelerate those cost-cutting efforts this year, saying it would eliminate 6,000 jobs.
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Zurich had announced a turnaround plan for GI as part of a wider cost-cutting drive.
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The proposal came as Kroton identified complementary geography and potential for cost-cutting and efficiency gains.
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Citigroup recorded $491 million in so-called "repositioning" charges as part of its cost-cutting effort.
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Taylor's comments came after P&G reported earnings that beat expectations amidst aggressive cost-cutting efforts.
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Buffett typically eschews private equity for its focus on cost cutting over long-term growth potential.
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In May, CEO Elon Musk wrote an email to all Tesla employees requesting "hardcore" cost-cutting measures.
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Credit Suisse said it would accelerate its cost-cutting, eliminating 4,000 positions out of about 48,000 worldwide.
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We believe cost-cutting efforts may allow it to improve profitability and turn FCF positive in 2018.
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Novo, will present the cost-cutting plan when it announces second-quarter results in August, Borsen reported.
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The latter is known for adopting aggressive cost-cutting tactics that are upending the consumer goods industry.
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Sewing and his new team have promised to deliver further cost-cutting to revamp the balance sheet.
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Famous for his cost-cutting abilities, Cairo has been able to turn RCS around without job losses.
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Sales have grown stagnant, and its cost-cutting has recently fallen short, especially as commodity costs increase.
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This is the latest in a number of cost-cutting moves made by the company this year.
|
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After years of eking out smallish gains mostly through cost-cutting, the firm is suddenly to boom.
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These savings, along with other cost cutting enabled by the merger, would be passed on to consumers.
|
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Cost-cutting is clearly the name of the game for Ford, especially in two other troubled markets.
|
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Despite his departure, the bank has continued many of the cost-cutting initiatives announced by Mr. Jenkins.
|
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For producers of conspicuous-consumption items, such cost-cutting does not conquer the market but destroys it.
|
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Well-regarded by investors, Pessina has been leading changes that include significant cost cutting, according to analysts.
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Many took it to be a tacit admission that its cost-cutting had done the business harm.
|
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Since 1980, cost-cutting has shrunk congressional staffs and government information agencies like the Congressional Research Service.
|
|
Accidental vulnerabilities, caused by cost-cutting or poor oversight, can be as damaging as deliberately created ones.
|
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Analysts have been skeptical about its prospects, given current low gas prices and cost-cutting at Petronas.
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Saudi state finances have strengthened somewhat this year because of moderately higher oil prices and cost-cutting.
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Still, Hicklin said, no amount of cost-cutting could keep up with plummeting revenue from print advertising.
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The two retailers have announced a slew of cost-cutting measures since their merger was called off.
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Microsoft's bottom line was helped by improvement in its cloud services business as well as cost-cutting.
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BNP spokeswoman declined to comment on the unions' statement about the 1.6 billion euros cost-cutting target.
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Most analysts believe its cost cutting will eventually bear fruit and further large sales declines are unlikely.
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Wells Fargo has doubled its cost-cutting target after expenses soared in the aftermath of the scandal.
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According to Pauvert and Sullivan, attending events like Cure Camp actually leads to cost cutting, after all.
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The plan to move offices to government-owned properties was part of an earlier cost-cutting move.
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Such an effort would trigger widespread adoption of sustainable, cost-cutting, energy-efficient practices in America's hospitals.
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Experts said that blockchain could have a cost-cutting impact on many parts of a bank's business.
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The move comes after years of cost-cutting efforts that took a toll on its snack sales.
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The ketchup maker is backed by private equity firm 3G Capital, known for its aggressive cost-cutting.
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However, Air France-KLM lagged behind its peers in terms of cost-cutting, leading to lower profitability.
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Friedman also said last week the cost-cutting proposals from could endanger the Swiss asset manager's future.
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But Chen pointed out that some cost-cutting measures may affect margins, which in turn affects investors.
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Those cost-cutting measures along with a high-level executive departure could make way for another deal.
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The approach taken by former Orange bosses to accelerate cost-cutting plans had caused uproar in France.
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Cost-cutting pressure is also, according to any number of surveys, the number one reason for outsourcing.
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That was the result of cost cutting which yielded 393 million euros more in savings than expected.
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The downsizing and cost cutting, backed by their reliable credit card payment system, makes that dream realistic.
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However, the drop in cocoa prices and cost-cutting measures have enabled the company to improve profits.
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Farhad: A couple of companies went on cost-cutting missions this week, though for totally different reasons.
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It said the move is a cost-cutting move designed to reduce unnecessary maintenance and fuel costs.
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All the same, the country's retailers are still in a cost-cutting mode with earnings under pressure.
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A titan of the auto industry, Mr. Ghosn was known for cost-cutting and performance-based compensation.
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Mr. Ghosn was pilloried in the press, but the aggressive cost-cutting worked and stabilized Nissan finances.
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The drinks company had a big reshuffle last year, which included a $3 billion cost-cutting plan.
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The bank cited strong demand for auto, small business and personal loans, as well as cost cutting.
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Years of corporate cost-cutting has weakened Japan's unions, which tend to prioritize job security over pay.
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The cuts were originally announced in February as part of a cost-cutting drive at the lender.
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The company has been focusing more on cost cutting and less on introducing innovative new food products.
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They added that coronavirus would accentuate the need for urgent cost-cutting measures, such as possible layoffs.
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Macy's (M) expects to save $1.5 billion by the end of 2022 from the cost-cutting measures.
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The immediate significance of the Dumbo move may be cost-cutting, but it also has symbolic importance.
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Cost-cutting will free up a further 2 trillion yen for equipment purchases, the procurement paper said.
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Cost-cutting measures aside, she would rely on an array of new taxes to fill the gap.
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Cost cutting, higher interest rates and the new tax law lifted Bank of America's first-quarter earnings.
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The company recently reported higher profits for the six months to June, aided by cost-cutting measures.
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Those multihull boats, in another break with tradition, have many one-design elements, another cost-cutting move.
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These savings, along with other cost-cutting enabled by the merger, would be passed on to consumers.
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A former McKinsey consultant, he had developed a strategy based on acquisitions, cost-cutting, and price hikes.
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Governmental procurement problems are caused by a central paradox: Cost-cutting in IT makes everything more expensive.
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Both G.M. and Ford are eliminating thousands of salaried jobs as part of their cost-cutting efforts.
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" Carter also accused the government of "using misleading statistics" for what was clearly a "cost-cutting exercise.
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Cost-cutting actions are under way and will have the biggest impact "in 21.45 and later," Shanks said.
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It lags behind Nokia in cost-cutting, which started an ambitious restructuring programme following its merger with Alcatel.
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He is betting on drastic cost-cutting at government ministries to offset immediate revenue reductions from lowering taxes.
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When it comes to long-haul flights, however, Mr Walsh has had to contain his cost-cutting zeal.
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Italian broker ICBPI said the resignation could fuel speculation about new cost-cutting at the Italian phone group.
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The company cut payroll, froze overtime for its employees and took other cost-cutting measures, the Post reported.
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There are courses dedicated to building up savings, cost-cutting diversifying investments, and negotiating for a higher salary.
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The tax preparation firm said it will lay off 250 employees as part of a cost-cutting effort.
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The carmaker benefited from a surge in sales at its core VW brand as well as cost-cutting.
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But while the announcement doesn't include any details, it will almost certainly come with cost-cutting and layoffs.
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There are some cost-cutting measures throughout, including a Snapdragon 670, plastic body and no second selfie-camera.
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Cryan cited further steps in cost-cutting and an expected resumption in market volatility as reasons for optimism.
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The successful two-pronged strategy of serial acquisitions and cost-cutting appears to be nearing its limits, however.
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In 2017 Unilever attracted a bid approach from Kraft Heinz, a firm with a reputation for cost-cutting.
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But Unilever is well managed and Kraft's probable changes—more debt, and cost-cutting—it can do itself.
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The increase in expected earnings is likely a result of steadily improving margins and ongoing cost-cutting initiatives.
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The turnaround is partly due to steep cost-cutting, which is a dog-bites-man story in journalism.
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But for the first time in years, JPMorgan is not expected to expand further its cost-cutting targets.
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There was no mention of any cost-cutting measures that could help the company achieve its profitability goal.
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GM's cost-cutting measures have happened in parallel with its investments and commitments to electrification and autonomous technology.
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It's yet another cost-cutting measure in an attempt to combat severe revenue shortfalls to save the company.
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Because of cost-cutting efforts and low copper prices, talks could be more challenging than in previous negotiations.
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Yahoo has been working on a cost-cutting reorganization plan, with details expected to be announced this month.
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The company reiterated its guidance to at least double 21 margins beyond 28.8115 through more aggressive cost-cutting.
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The job cuts, along with other cost-cutting measures, are expected to save the company $28 million annually.
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She also pointed to management's cost-cutting efforts and the strong performance of its core private banking business.
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"We reiterate our concern that much of the cost cutting comes from sales and marketing budgets," Jefferies said.
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It's a test of whether insurers, normally associated with cost-cutting, can help tackle a national health problem.
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The World Bank said government cost-cutting measures, including restricting travel for officials, could hurt the private sector.
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Anglo said it did not hedge the currency, but protected itself through a diverse portfolio and cost cutting.
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UBS, which is battling weak earnings with cost-cutting, says it wants to give investment bankers more flexibility.
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This is despite positive initiatives accompanying the debt restructuring, such as comprehensive asset-disposal and cost-cutting plans.
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Asset Pruning; Cost-Cutting: Management's brand disposal plan and the closing of non-performing stores are credit-positive.
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But the vast majority of the time, automation is plainly an executive cost-cutting and efficiency-improving strategy.
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Once the marketplace is stabilized, the governors wrote, then Congress could move on to focus on cost-cutting.
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In a low-margin industry cost-cutting is helpful, but demanding consumers expect savings to be passed on.
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To offset the impact of increasing competition on financial margins, Spanish banks are focusing on cost-cutting measures.
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The company also said it would introduce further cost cutting to deal with a weaker mobile broadband market.
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The Flint crisis is an important opportunity to ask how far punitive cost-cutting and privatization will go.
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Instead, it listed cost-cutting and the sale of unspecified noncore businesses as potential ways to raise cash.
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These are the main questions investors want to know when it comes to cost-cutting at the bank.
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Ghosn was known for his cost-cutting methods — closing factories and cutting jobs while increasing profits and output.
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As for cost cutting, Khosrowshahi told employees on Tuesday that he was looking at ways to trim expenses.
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For Kalia and Ijaha, the process of cost cutting and moving to profitability has been a learning curve.
|
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They took their findings to the board, and suggested dramatic cost-cutting and directing the money to engineering.
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Sears has bet heavily on a customer loyalty program, dubbed Shop Your Way, and various cost-cutting initiatives.
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As a cost-cutting measure in 2014, Flint switched its water system from Detroit to a local river.
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He has promised cost-cutting measures and more efficient spending as the economy enters an expected sharp slowdown.
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The Jets cut Cromartie in February in a cost-cutting move, saving $8 million on the salary cap.
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For years, earnings growth has come mostly from cost-cutting, but top-line revenue growth has finally returned.
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Instead, most companies are in cost-cutting mode, using this opportunity to pay down debt and liquidate assets.
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Most cost-cutting measures announced by Meirelles and Planning Minister Dyogo Oliveira on Tuesday will need Congress' approval.
|
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The challenge for Cryan and his large-bank peers is to make their cost-cutting targets radical enough.
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Why it matters: With mergers of this size usually comes cost-cutting "synergies," which usually translate to layoffs.
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Mason said earlier this year the bank has accelerated some cost-cutting plans to cope with potential headwinds.
|
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About 70 Times employees took buyouts this year, and the company is considering other areas of cost-cutting.
|
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As part of Access, the Alphabet unit, Fiber has endured cost-cutting measures, layoffs, and two CEO resignations.
|
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Profits continue to rise for some, but mainly because of cost-cutting, new technologies and reductions in labor.
|
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Employee furloughs, layoffs or a reduction in pay rates are among the options for cost cutting being considered.
|
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But the difference is that Chicago's L has made a comeback, reversing decades of cost-cutting and neglect.
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The cost-cutting plan comes one month after U.S. private equity firm KKR became the company's biggest shareholder.
|
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This cost-cutting measure is part of a company-wide campaign, complete with its own internal hashtag: #FindTheMoney.
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Last year Kraft Heinz stumbled badly as 3G's strict cost-cutting strategy appeared to be showing diminishing returns.
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Walgreens announced in August that it planned to close 200 US locations under a multiyear cost-cutting program.
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The company took some hefty write-downs from overvalued assets overseas and has outlined significant cost-cutting efforts.
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Its $244 million in net income stemmed mainly from cost cutting and its sale of the toolmaker Craftsman.
|
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Compared with lesser industries, mergers in the luxury world kick up few opportunities for cost-cutting or synergies.
|
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Some companies in the supply chain, partly because of cost-cutting pressure by Boeing, have shrunk or merged.
|
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It could also be partially related to cost cutting too, as all these companies are tightening their belts.
|
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Working in conjunction with a smartphone app, you can track your energy use and follow cost-cutting tips.
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The reorganization and cost-cutting plan is reminiscent of the bloodletting that followed the financial crisis in 24.
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He is betting on drastic cost-cutting at government ministries to offset immediate revenue reductions from tax cuts.
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Nevertheless, we expect operating expenditure to decrease at a similar pace as the region implements cost-cutting measures.
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They've been charged with leading the company into an era of maturity, cost-cutting and maybe even profitability!
|
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However, the drop in cocoa prices and cost-cutting measures have enabled the candy maker to improve profits.
|
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In October, the company introduced several cost-cutting measures, including layoffs and discontinuing six-second-video app Vine.
|
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The brokerage is in cost-cutting mode after last year recording its first annual loss in a decade.
|
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Weber has overseen profound change at the firm, including expansion outside of Japan and significant cost-cutting measures.
|
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The cost-cutting moves helped the stocks of both companies, which are well below their 22018-week highs.
|
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The company has since been in cost-cutting mode, reducing its staff and shedding some of its businesses.
|
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It also doesn't help that there's a massive national deficit and cost cutting across the board, Hotez added.
|
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He may also get questions about his support for 3G Capital, a Brazilian firm known for ruthless cost-cutting.
|
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The rail operator's revenue also beat forecasts, Results were helped by cost-cutting and higher prices for freight delivery.
|
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It's a cost-cutting measure on something they know is needed but that they'll never get to enjoy themselves.
|
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Rather than focusing on growth, Kraft Heinz doubled down on cost-cutting through its infamous zero-based budgeting approach.
|
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These specialists often opposed these cost-cutting programs, and may have had a sympathetic ear with former Secretary Price.
|
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Democrats pointed fingers at Snyder and Michigan officials, suggesting that cost cutting came at the expense of public health.
|
|
Many bankers see that middle ground as too labour intensive and ripe for overhaul and cost cutting from automation.
|
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They're right to worry, as poor infrastructure investment, patchy oversight, and cost-cutting are rampant in communities across America.
|
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He spoke after the release of a strategy update on plans to accelerate his cost-cutting and restructuring plan.
|
|
Through good management, cost-cutting and canny capital allocation, much of the drama has been taken out of FCA.
|
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In the absence of cost-cutting solutions such as driverless cars, attributes such as "company culture" come into play.
|
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But these cost-cutting measures weren't enough to keep Tesla profitable; the first quarter of 22018 was another loss.
|
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A long stretch of cost-cutting and the sale of its shale-gas business boosted the fortunes of BHP.
|
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But even there, a favorable shift in exchange rates played as important a role as ongoing cost-cutting efforts.
|
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Through smart management, cost-cutting and canny capital allocation, much of the drama has been taken out of FCA.
|
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The department has been able to implement stringent cost-cutting measures in 2016, including on social spending and staffing.
|
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Drastic cost-cutting and higher well productivity helped offset weaker revenue trends, the main culprit behind the profit miss.
|
|
Morgan Stanley rose 5003% after beating analyst estimates due to cost-cutting and growth in its wealth management segment.
|
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Known as "Spreadsheet Phil" during his cost-cutting stint as defence secretary, he does dry better than the Sahara.
|
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The layoffs are consistent with cost cutting that tends to happen when Elliott buys a stake in a company.
|
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Monda, a layman, said he has confirmed the magazine's budget despite cost-cutting elsewhere in the Vatican's media operations.
|
|
Last week, Halliburton reported a surprise profit of 1 cent per share, also due largely to cost-cutting measures.
|
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Investments in new models for the South Korean plants to build depend on new cost-cutting agreements, Ammann said.
|
|
Bunge fended off a bid from Glencore Plc last year and promised extensive cost-cutting in a sweeping restructuring.
|
|
We will signal to Wall Street that we are going to focus on growth and innovation, not cost-cutting.
|
|
Second, Goldman notes Caterpillar's extensive and successful cost-cutting measures, including the restructuring of its largest plant in Belgium.
|
|
Some have worried this cost-cutting came at the expense of much needed investments to compete for today's consumer.
|
|
Microsoft gained 9.83 percent after , helped by improvement in its cloud services business as well as cost-cutting. Amazon.
|
|
There is a strong incentive for them to recommend cost-cutting measures that are ultimately detrimental to the environment.
|
|
Statoil's trading unit suffered from lower margins, it said, but a cost-cutting program helped the company beat expectations.
|
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Shares closed up 2.4% at $44.15 as the company's overall quarterly profit beat analysts' expectations with cost cutting moves.
|
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Barker predicts the bank will implement a cost-cutting plan to try to make up for weakness in revenue.
|
|
But critics have argued 3G took its cost-cutting to an extreme, particularly in areas like research and development.
|
|
So far, Intel has held its own, but one day its customers could extend their cost-cutting to chips.
|
|
But the increase was mostly due to cost-cutting; revenue from services fell 8.5 percent to 12.84 billion riyals.
|
|
The revelations came amid a broader WSJ report about Flannery's cost-cutting and efficiency measures to reshape the conglomerate.
|
|
Like other struggling retail chains, it has tried "cost-cutting" and experimented with events, book clubs, and selling alcohol.
|
|
Automobile manufacturers and many of their dealers are experimenting with cost-cutting transactions — leasing, ride-sharing and similar programs.
|
|
"Management efforts cannot wane: delivering on cost-cutting efforts remains essential against the continued tough backdrop," Jefferies analysts said.
|
|
Carlsberg has shifted its focus from cost-cutting to revenue growth, especially by selling more of its pricier brands.
|
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"Rio Tinto must now be about more than just cost-cutting," analysts at Sanford Bernstein said in a note.
|
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Refusing to replace employees who retire or depart has been the Postal Service's go-to tool for cost-cutting.
|
|
Robotics is an area that has been seen as a cost-cutting opportunity for Alphabet under CFO Ruth Porat.
|
|
It cut profit quarterly forecast by 22 percent, and has reportedly implemented cost-cutting measures and a hiring freeze.
|
|
Nor does it address whether WeWork's concerns relate to intentional sabotage, reckless cost-cutting or mere incompetence by staff.
|
|
The trade unions at KW accept cost-cutting in principle, but refuse to agree to wage cuts or layoffs.
|
|
Snyder was responsible for the emergency manager who oversaw Flint's April 6900 cost-cutting decision to switch water sources.
|
|
He agrees newspapers snoozed on the transition to digital, but said Alden's radical cost-cutting measures were too extreme.
|
|
Morgan Stanley rose 2.6% after beating analyst estimates due to cost-cutting and growth in its wealth management segment.
|
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That's a strange omission for a phone that bets everything on security, but the reason is clear: cost cutting.
|
|
Analysts said sharper cost cutting and acquisitions could now be on the cards, but they saw no easy fix.
|
|
That's another spot Snap was hoping to improve with cost-cutting layoffs, but those were too little too late.
|
|
Rubin expressed confidence Teva's new CEO, Kare Schultz, who joined in November, will deliver on the cost-cutting projections.
|
|
United previously outlined cost-cutting measures, including grounding planes, reducing corporate officer salaries, freezing hiring, and pausing capital spending.
|
|
Also likely to be on the agenda: Possible cost-cutting moves as the company continues to struggle with growth.
|
|
A combination of foreign expansion, fees and cost-cutting will probably not be quite enough to escape the squeeze.
|
|
In 2010, Mr. Cuomo ran for governor as a cost-cutting fiscal centrist taking on the public-employee unions.
|
|
Instead of dreaming big dreams and plotting world domination, these CEOs will enter self-preservation and cost-cutting mode.
|
|
Today the man on the run is not a terrorist but a celebrity executive known for fanatical cost-cutting.
|
|
"The company continues to deliver on cost cutting," said James Stettler, a Barclays analyst, in a note to investors.
|
|
There's a misnomer out there with all the politics: private equity is not about cost cutting, it's about growth.
|
|
But then, moving to Stuy Town, as it's often called, was never intended to be a cost-cutting move.
|
|
The spree of 3G-style cost cutting over the past few years has left little obvious fat to trim.
|
|
The business plans that project profitability make some very aggressive assumptions on cost cutting, especially on its administrative expenses.
|
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A provision in the Illinois Constitution protecting existing retirement benefits for public sector workers has made cost cutting difficult.
|
|
Ultimately, cost cutting and productivity improvements allowed the company to outpace Wall Street's earnings expectations, but revenue fell short.
|
|
The billionaire in the past few months has been pushing for cost-cutting initiatives to boost the company's profitability.
|
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The carmaker is embarking on a cost cutting drive after posting its first loss in a decade in 2019.
|
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In addition, Daimler is intensifying cost-cutting measures and plans to cut up to 15,53 jobs, Handelsblatt newspaper reported.
|
|
At least 5,000 Americans lost their jobs, and cost cutting followed, saving the new owners an estimated $2 billion.
|
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The brokerage is pursuing a cost-cutting campaign after last year recording its first annual loss in a decade.
|
|
She has also clashed with ex-premier Yoshiro Mori, head of the 2020 Olympics organizing committee, over cost-cutting.
|
|
Profit margins have risen to their highest since 2011, but largely due to cost-cutting and consolidation, not growth.
|
|
BNSF railroad saw a 5% profit gain due to cost-cutting measures to offset a drag from trade tensions.
|
|
Rather than indiscriminate cost cutting, value-based care is the smart way to bend the health-care cost curve.
|
|
And Hardwick predicts that cost-cutting measures will continue to threaten workers&apos well-being for the foreseeable future.
|
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Amgen's cost cutting move comes amid the broader political conversation about how to fix the high price of drugs.
|
|
We'll see if the combination of cost-cutting measures and record shipments will net the company another profitable quarter.
|
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That data can give them a proprietary advantage in cost-cutting or underwriting (eg: payment plans for new iPhones).
|
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The focus of the cost-cutting effort is on North America and Asia, people familiar with the plans said.
|
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The company, headed by Carlos Brito, the chief executive, has a track record of exceeding its cost-cutting promises.
|
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Under 333G's stewardship, the new company embarked on extreme cost cutting that risked stifling investment in innovation and marketing.
|
|
Ford's forecast reinforces Hackett's warning to investors last fall that the cost-cutting and product strategy changes could take time.
|
|
Boeing is in the midst of cost-cutting in its commercial aircraft division and is facing tough competition from Airbus.
|
|
So far, the B-21 program, which could cost upwards of $80 billion, has been spared Trump's cost-cutting crusade.
|
|
VW's goal to increase sales in America has resulted in more cost cutting, less interesting products and totally forgettable styling.
|
|
The management team, which was appointed last April, has promised to deliver further cost-cutting to revamp the balance sheet.
|
|
Investors who previously lauded 3G for rewriting the book on cost-cutting are now focused on Kraft Heinz's growth prospects.
|
|
Yet some sources suggest that the cost-cutting that has come with the reorg has rankled executives at these arms.
|
|
GM killed the Cruze and several other passenger cars as part of its cost-cutting plan, USA Today reported Monday.
|
|
The cost-cutting measures and improved pricing helped the company beat profit estimates for the first quarter ended Jan. 4.703.
|
|
"They are in cost-cutting mode, delaying planned investments, imposing travel bans and offshoring large non-manufacturing departments," he says.
|
|
Meanwhile, the Contemporary, which underwent a series of cost-cutting measures including the firing of half its staff, seemed safe.
|
|
Another is that Musk is a famous micromanager, and may really be in command of the cost-cutting drives himself.
|
|
Burberry announced share buybacks and a cost-cutting program after reporting a 10 percent dip in adjusted profit last quarter.
|
|
The trouble began four years ago when the city of Flint changed its water source because of cost-cutting measures.
|
|
Thatcher dreamed of "rolling back the frontiers of the state", in a self-reinforcing programme of privatisation and cost-cutting.
|
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And, since the financial crisis, Western banks have been preoccupied with repairing their balance-sheets and old-fashioned cost-cutting.
|
|
And when previously white-hot startups face cost cutting and layoffs, the market leaders will be ready to absorb talent.
|
|
Ekholm unveiled a cost-cutting plan in March and announced up to $1.7 billion in provisions, writedowns and restructuring costs.
|
|
PGG's coal output in 2017 was about 30 million tonnes, lower than originally planned as cost cutting pushed down investment.
|
|
Given that Diageo has underperformed in the past few years, Cramer expects to see cost-cutting to influence company growth.
|
|
Krosby believes companies will have to show strong forward guidance that will be based more on sales than cost-cutting.
|
|
The bank is closing about 34 branches and reducing opening hours in hundreds more in an aggressive cost-cutting plan.
|
|
It's had to defend a model based on cost-cutting and deal-making, as opportunities for both have dried up.
|
|
Toyota's cost-cutting effort takes aim at wholesale outsourcing, known in Japan as "marunage," according to two of the sources.
|
|
Analysts are skeptical about the Petronas project's prospects given low gas prices and cost-cutting at the Malaysian oil giant.
|
|
To compensate, Cielo has said it will implement a cost cutting program, expected to yield savings this and next year.
|
|
They work for supermarket retailers up to a point, if they are able to achieve the aim of cost-cutting.
|
|
Kraft Heinz, an investment worth $25.3 billion to the company, prides itself for ruthless cost cutting, which hardly benefits communities.
|
|
A report published by the accountancy firm KPMG suggests closing the institution as part of a municipal cost-cutting measure.
|
|
It purchased Pittsburg-based Heinz with Warren Buffett's Berkshire Hathaway as co-investor, and immediately applied its cost-cutting formula.
|
|
SINGAPORE (Reuters) - During Singapore's full moon festival last month, employer John Kong was focused more on cost-cutting than celebrating.
|
|
And of course, they are also pushing out big marketing pitches — pitches heavy on cost-cutting verbiage and job creation.
|
|
Businesses have focused too much on cost-cutting and mergers or acquisitions in the past few years while ignoring productivity.
|
|
As part of the cost cutting, the Journal offered all of its news employees the option to take a buyout.
|
|
Pompeo's order was not accompanied by a justification, such as cost-cutting, said a U.S. official and a congressional aide.
|
|
Teva is widely expected to implement a cost-cutting program following the publication of third-quarter results earlier this month.
|
|
"Our clients are telling us that cost cutting is very much a priority, every step of the way," she said.
|
|
ACA architects claim that the law prevents the Board from rationing health care—the granddaddy of all cost-cutting measures.
|
|
WeWork may move forward with a sale of the business or pressure its own cost-cutting measures on the company.
|
|
What we're seeing now, though, is widespread exploitation of the H1B program as an across-the-board cost cutting strategy.
|
|
As of this year, HTC's biggest cost-cutting innovation has been to conduct "virtual" launch events via online live streams.
|
|
It suggested that cost-cutting, which has already led to 9,000 job losses, may now have to go even deeper.
|
|
For years, the bitter complaint among investors was that we saw earnings growth through cost cutting, and not revenue gains.
|
|
The Pentagon is reportedly set to take greater control of cost-cutting efforts to the F-35 combat jet program.
|
|
These are the drivers for fintech – cost-cutting, higher customer and regulatory expectations and better external technology and innovative capacity.
|
|
Still, the cost cutting has caught the attention of investors, particularly when companies scrap product lines that add little value.
|
|
The two sides said they would continue to work together on drafting cost-cutting measures that will reduce Ecuador's debt.
|
|
But the company, famous for its cost-cutting approach to retail, is seen as unlikely to approve a $28500 wage.
|
|
But cost cutting will not be so extreme that directors will be forbidden from traveling in business class, sources said.
|
|
That happened when teams began to face testing restrictions imposed by the International Automobile Federation as a cost-cutting measure.
|
|
The spree of 3G-style cost-cutting over the past few years has left little obvious fat left to trim.
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That could make it harder for Tesla to return to profitability even despite drastic cost-cutting measures earlier this summer.
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That has meant that cost cutting — the one thing banks can best control — has become a main driver of profits.
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Rating agencies and others, however, have raised concern over whether more cost-cutting will be needed to reduce Portugal's deficit.
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"This combination is not about cost cutting, it is about growth and attacking a massive opportunity in the market together."
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Air France was hit by repeated costly strikes, even as KLM staff weathered successive rounds of cost-cutting and layoffs.
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Fitch expects PACA will continue to implement operating cost-cutting measures in the coming years to manage its debt ratios.
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A Boeing spokesman said plane sales are getting more competitive, requiring additional cost-cutting beyond what was envisioned in 22015.
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And even the troubled automaker Tesla reported its biggest-ever profit, driven by cost-cutting and delayed payments to vendors.
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The current group of chief executives is more "focused on cost-cutting and not just building fancy toys," he said.
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As of now, most firms are focusing on internal cost-cutting solutions and drawing down credit facilities, two lawyers said.
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Instead, it probably just accelerated cost-cutting that would have eventually occurred anyway, given the industry's declining readership and revenue.
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Late last year, the telco announced a $210 billion cost-cutting drive that resulted in staff cuts throughout this year.
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The bottom line was solid thanks to cost-cutting, but Ms. Quillen was not bringing new business in the door.
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Hopefully, this decision will also clear the path for other planned cost-cutting mergers in the media and telecommunications industries.
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As a cost-cutting measure in the past decade, the department has shifted the burden of schooling to the counties.
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Earnings should be helped by slightly higher oil prices than last year's second quarter as well as zealous cost-cutting.
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To soothe jittery investors, pot producers including Aurora Cannabis, Hexo and Tilray have announced a range of cost-cutting measures.
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Looking ahead, the central bank said this trend is expected to "cool slightly" as cost cutting and efficiency gains slow.
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The company is poised to triple its cost cutting in large part by engineering costs out and introducing new products.
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But virtually everybody is saying this, & when our Trade Deals are made, & cost cutting done, you haven't seen anything yet!
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Bartlett, a media broker, and his wife, a stay-at-home parent, use a grab bag of cost-cutting measures.
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At the companies that 23G controls, it puts into place young yet experienced managers who implement their cost-cutting agenda.
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Around 8 percent of companies surveyed reported lower headcounts, with a number of firms attributing the fall to cost-cutting.
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The company is poised to triple its cost cutting in large part by engineering out costs and introducing new products.
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The airline lifted its cost-cutting target for the current financial year by A$50 million to A$400 million.
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True, he did exceed expectations on cost-cutting and solvency, and did okay on compliance relative to worst-case scenarios.
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Freeman has become well-known in media circles because of the cost-cutting the newspapers owned by Alden Global undergo.
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HP had been engaged in broad cost-cutting, planning to cut thousands of jobs to save $1 billion per year.
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To soothe jittery investors, pot producers including Aurora Cannabis, Hexo, and Tilray have announced a range of cost-cutting measures.
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A private equity play might also be needed for "deep cost-cutting" and a "sober" approach to the business, he said.
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In lieu of revenue growth, Chief Executive Officer Tim Sloan has laid out an aggressive cost-cutting plan to buoy profits.
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MGM announced a new cost-cutting plan earlier this month — known as "MGM 2020" — to juice profits by $300 million annually.
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There will be less reliance on "manufactured earnings", that is, earnings that are propped up by little more than cost cutting.
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The iron ore miner had beat on its 2016 profit expectations due to rising iron ore prices and cost-cutting measures.
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The more muted tone, and cost-cutting to focus on production after years of strong sales, are reflected in the logistics.
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Eurometropole aims to continue to stabilise its operating expenditure in the coming years by implementing cost-cutting measures, especially in staffing.
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At the same time, MetLife said it would face challenges in some foreign businesses and expenses for a cost-cutting program.
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GoPro said the cost-cutting would help it achieve its goal of returning to profitability on an adjusted basis next year.
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TL;DR: The cost-cutting Nest Thermostat E is available for £99 in the Currys Black Tag event, saving you £100.
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Armstrong called the meeting to announce that there would be some cost-cutting at Patch — meaning many would lose their jobs.
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The cost cutting move is likely to convince anyone currently subscribed to one service that both are in their best interest.
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Flint switched water sources to the Flint River in April 2014 as part of a cost-cutting measure under state oversight.
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Valero spokeswoman Lillian Riojas in the statement said the reason the company did not renew its RFA membership was cost cutting.
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One strategy has been its cost-cutting efforts — begun under Taylor's predecessor A.G. Lafley — which are making the company more nimble.
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Chief Executive Brian Moynihan's cost-cutting campaign also paid off as expenses fell in each of its four major business segments.
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Moody's cut the company's credit rating to junk in May, partly due to worries that the cost-cutting could hamper innovation.
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He said a combination of solid economic indicators and cost-cutting should help GM maintain profit margins of around 10 percent.
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THIS MORNING, THE COMPANY ANNOUNCING PLANS TO BOOST ACCESS TO ITS EPIPEN INJECTORS BY EXPANDING COST CUTTING PROGRAMS FOR SOME PATIENTS.
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Tesla, on the other hand, has had a more turbulent start to the year as it has entered cost-cutting mode.
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The temporary cost-cutting also included restrictions on the use of corporate credit cards, and markdowns were banned, the report said.
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Low return on equity is a measure of management inefficiency, which the acquirer may be able to fix through cost cutting.
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Motorola's cost cutting can be annoying, but it also leads to the Moto Z25's biggest upside: a very low price.
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Bank of America completed a years-long cost-cutting initiative last year, and has pledged to keep expenses flat through 2020.
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THIS WHOLE TRANSACTION AND THE WHOLE VISION WE SEE IS DRIVEN BY GROWTH AND INNOVATION AND NOT NECESSARILY HUGE COST CUTTING.
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Hart said he now expects net benefits from the cost-cutting program to exceed a previous forecast of 2.3 billion crowns.
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ABB needs to improve sales to get better margins, Voser said, although there would be no new corporate cost cutting programmes.
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Bombardier is shoring up its loss-making regional jets and turboprops with a mixture of hard-sell, cost-cutting and outsourcing.
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Leveraged deals and cost-cutting at his mobile provider, SFR, cast him as a financial engineer rather than a savvy manager.
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Snap lost $4503 million this quarter compared to $353 million in Q2, so it's making some progress with its cost cutting.
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Meanwhile, "Wells Fargo obviously missed on revenue, and the only reason profits were up is because of cost-cutting," Tatro said.
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The number of visitors fell by a third last year compared with 2016, and cost-cutting has led to voluntary redundancies.
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In one of them, he announced drastic new cost-cutting measures that went beyond the ones the company implemented in 23.
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Jean-Marc Janaillac is the second CEO to depart since 2150 over rows with powerful French unions over cost-cutting efforts.
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Flint switched its public water source from Lake Huron to the Flint River in a cost-cutting move in April 2014.
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The big picture: The Postal Service lost $3.9 billion in 2018 — its 12th consecutive yearly loss — despite aggressive cost-cutting efforts.
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Samuelsson said these would include some further job cuts but would mainly be focused on cost-cutting to save another billion.
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One of ICE's top cost-cutting strategies is adding beds to already-existing facilities as it did at Aurora, said Sandweg.
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Plano, Texas-based Rent-A-Center earlier expected to save $75 million to $95 million annually from the cost-cutting plans.
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It said in January the cost-cutting programme was saving around 6 billion crowns on an annual basis at that time.
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The company said planned savings from its cost-cutting efforts would rise 50% in 2019 to 150 million euros ($167 million).
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Last month, it said the merger would work in the low $60s, as it identified new synergies and cost cutting opportunities.
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Beyond cost-cutting measures, as fruitful as they may be, like-for-like growth is a key element to sustainable profitability.
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A broader cost-cutting plan announced last year, which includes cutting 625 jobs by this spring, also helped profits, it said.
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The U.K.'s biggest supplier of building materials reported a higher-than-expected pretax profit, supported by its cost-cutting plan.
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But if they've fallen victim to cost-cutting or newfound modesty, then look for a procession of cream-colored cowboy hats.
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The cost-cutting announced Tuesday comes as the price of oil dropped to a 12 year-low near $31 a barrel.
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Both are in cost-cutting mode, even in the face of the 5G opportunity and the problems confronting their biggest rival.
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The move is aimed not just at cost cutting, but at shifting its strategy to adapt its content to digital distribution.
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Reports said the company cited accelerated cost-cutting, better margins and rising demand in Australia as reasons for the profit upgrade.
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Despite market volatility and rising provisions, JPMorgan did not ramp up its cost-cutting targets as it has in previous years.
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McKinsey is helping with cost-cutting efforts and Boston Consulting Group (BCG) is looking at ways to increase revenue, he added.
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At the time, the company indicated that it would be implementing an $850 million cost-cutting measure that would include layoffs.
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Even as the two companies plan to combine, EMC has been making moves of its own including this cost-cutting measure.
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Management said on a conference call in August that it's beginning to see benefits from inventory management and cost-cutting efforts.
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Intel shares will rise due to a cost cutting and a more reserved acquisition strategy, according to one Wall Street firm.
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Health care shares climbed after Medicare spending did not exceed levels that would have required action by a cost-cutting board.
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Greco said the new structure would support Zurich's previously announced cost-cutting programme but that this was not his main motivation.
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Rail transportation company CSX posted quarterly results that easily beat Wall Street estimates, boosted by a series of cost-cutting measures.
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The House on Thursday voted to repeal a controversial Medicare cost-cutting board that has drawn the ire of both parties.
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In the 2023-2009 financial crisis, many criticized GM for waiting too long to make painful but necessary cost-cutting decisions.
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The group cut its full-year earnings guidance twice last year as its cost-cutting drive did not progress as hoped.
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Rick Snyder switched the city's water supply from Lake Huron to the Flint River in 2014 as a cost-cutting measure.
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CEOs have for decades chanted the mantra of shareholder supremacy and placed cost cutting and short-term profits above all else.
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Meanwhile, company results show that sales are picking up sharply, suggesting better demand is driving profit growth rather than cost-cutting.
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"They're masters at integration and cost cutting, but they're at the end of the road with (mergers and acquisitions)," Mundy said.
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In an email to employees in May, Musk said the company would soon undertake a new series of cost-cutting measures.
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One of the bear arguments has been that what little earnings growth we have seen has been cost cutting and buybacks.
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A Doha-based energy analyst said the move was in line with QP's recent cost cutting but also had other benefits.
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Previous reports have said layoffs were expected as part of WeWork's attempts to turn its fortunes through painful cost-cutting measures.
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Sears has closed hundreds of locations over the years as part of its cost-cutting efforts, while revenues continue to erode.
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One unexpected challenge in Rio, Mainardis said, has been dealing with the cost-cutting nature of the cash-strapped Brazilian games.
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Cost-cutting proposals from previous budgets are absent from the current one, although there is bipartisan support for at least two.
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Following zealous cost-cutting over the last two years, the next stage was to assess every stage of the value chain.
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TechCrunch's Josh Constine later found out that those layoffs and other cost-cutting measures only gave SoundCloud enough runway to Q4.
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ABB needs to improve sales to get better margins, Voser said, although there would be no new corporate cost cutting programs.
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Ericsson said earlier on Tuesday it would step up its cost-cutting program after its results fell short of market expectations.
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In one newsworthy incident, back in 2016, Neumann announced cost-cutting layoffs, and then tequila shots were handed out to employees.
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That amounts to shuttering more than 2628 agency programs, and this come after years of cost-cutting measures under Congress' sequestration.
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Bompard is expected to back a far-reaching restructuring that some analysts estimate could involve a billion euros of cost cutting.
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AMLO isn't unique in that regard, then, but he is among the most aggressive in cost-cutting measures for that sector.
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The group said it has taken cost cutting measures that could result in up to 2,000 job cuts and site closures.
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Before oil prices plunged in 2014, Mr. Brun said, gaining access to natural resources rather than cost-cutting was the priority.
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But a Twitter spokesperson says that these layoffs are an isolated incident and not part of a broader cost cutting plan.
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Rick Perry, who was fixated on cost-cutting, against the president at the time, William Powers, a deal emerged in 2000.
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In finance news, Deutsche Bank will "continue losing market share and struggle to achieve its cost cutting targets," according to Barclays.
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But Drew is in the midst of cost-cutting as it faces a deficit, as Inside Higher Ed reported in November.
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For the most part, the cost-cutting revolution that Jack Bogle at Vanguard started decades ago has been a good thing.
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For 2022, the company expects its EBITDA margin to surpass 40%, compared with 39.1% in 2019, boosted by cost-cutting efforts.
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In picking up the baton, Sewing faces challenges including further cost cutting, intense competition at home and abroad, and increased regulation.
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The report, about 70 pages long, details nine cost-cutting options for Congress that run from relatively minor to more extensive.
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Sales started softening, and while 3G's cost-cutting efforts resulted in robust profit margins, the stock dropped as investors got nervous.
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Scant investment in the industry, difficulties securing finance and cost-cutting measures means stocks are depleting quickly which will reduce oversupply.
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But all of these cost-cutting moves have broader implications that will likely reverberate across the ETF and asset management space.
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Operational cost-cutting might be in order, but in successful turnarounds, the best trimming is to get rid of management layers.
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VX. Donnet has since said he would stick to his predecessor's strategy based on cost-cutting and the sale of assets.
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Other popular demands included changes to a company's governance (22.6 percent ) and cost cutting (14.5 percent and the fastest growing category).
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Stora Enso said it would increase its cost cutting target to 275 million euros from 200 million to battle slowing demand.
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Much of that came from an expansive cost-cutting program that has shed nearly $633 billion over the past two years.
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ISS cut its guidance and launched a cost-cutting plan in November last year, shaving one-fifth off its market value.
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It said in January the cost-cutting program was saving around 6 billion crowns on an annual basis at that time.
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But the cost-cutting focuses on the units that sell stocks and bonds, which are primarily in New York and London.
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The bank said earlier this year that it had fallen behind in its original 2018 cost cutting targets as revenue dwindles.
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Fans of the four-day week have been espousing its benefits from a productivity and cost-cutting perspective since the 1970s.
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For instance, art on your walls, throw pillows, rugs, dining room chairs all offer options for cost-cutting without sacrificing style.
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SALARY CUT The National Women's Hockey League is slashing its players' salaries, to an undisclosed extent, in a cost-cutting measure.
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True, he did exceed expectations on cost-cutting and solvency, and he did O.K. on compliance relative to worst-case possibilities.
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The company spent between $80 million and $90 million on the cost-cutting reorganization, primarily on severances and shutting field offices.
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For PSA, the Opel deal caps a stellar two-year recovery under cost-cutting CEO Carlos Tavares, who said on Feb.
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Hart said he now expects net benefits from the cost-cutting programme to exceed a previous forecast of 2.3 billion crowns.
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Printers are gotten rid of, trash collection reduced and overhead slashed in what has been referred to as "brutal" cost-cutting.
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Reasonable people can disagree on the benefits of federal welfare programs, the appropriate level of redistribution or optimal cost-cutting reforms.
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The company estimated a 10 percent drop in third quarter revenue and said it missed cost-cutting targets for the quarter.
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Investors had bought into the idea that 3G's stringent, cost-cutting approach to running companies would succeed over the long run.
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One analyst on the call Tuesday asked why the company hadn't considered drastic cost-cutting measures, such as laying off employees.
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But now that it's able to lean more on Mobileye, Yamani says NIO saw a chance to continue its global cost-cutting effort by eliminating more jobs in the US. One of the main reasons NIO kicked off this cost-cutting effort is that sales of its first electric SUV, the ES8, fell rapidly in 2019.
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Operating profit, which excludes one-time charges, is expected to rise about 8 percent, helped by cost cutting and increased seed deliveries.
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Combined with cost cutting, this meant its 2017 underlying trading profit would be at the top end of an earlier forecast range.
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Of course, with the public largely bearing the brunt of austerity measures, it's not surprising that cost-cutting policies were not welcomed.
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The company's net income jumped 67 percent to $113.86 million for the third quarter, helped by cost-cutting and higher international sales.
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Capita provides IT-based cost-cutting and efficiency services to the public and private sector and employs 70,000 people, primarily in Britain.
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The Detroit automaker began notifying employees of the cost-cutting move as it reported third quarter profits that beat Wall Street estimates.
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Additionally, MetLife disclosed it would incur $300 million in pretax expenses in 2017 for a cost-cutting program announced earlier this year.
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It posted a higher third-quarter profit as cost-cutting offset lower revenue from curtailed or closed smelting operations and falling prices.
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The news of the West Coast firms' merger and franchise affiliation comes amid a backdrop of consolidation and cost cutting for brokerages.
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Just to review: Protests in the streets, the President may get impeached, a collapsing economy, massive cost-cutting, crime and terrorism fears.
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Natixis also raised its target for cost-cutting by next year to 300 million euros from a previous target of 250 million.
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Here are four cost-cutting tips from the experts: In the old days, pretty much your only options were buying and selling.
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This as cost cutting measures, including a hard-hitting series of job cuts and a broad restructuring of the business, continue apace.
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But after selling itself to Verizon, Yahoo's in cost-cutting mode now, and the company's likely done buying anything for a while.
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IN THIS week's episode we ask whether Kraft Heinz's troubles signal the limits of cost-cutting and the strategies of 3G Capital?
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The cost-cutting and rush to reach profitability could be viewed as a strategy to dress the company up for a sale.
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Mr. Icahn said Tuesday that he was concerned management's plan would be limited to small changes, like asset sales and cost-cutting.
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The high price that Microsoft ended up paying could now lead to deeper cost-cutting at LinkedIn after the deal is completed.
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Then the CEO loses his or her nerve, succumbs to the pressure of short-term cost cutting, and bails on the strategy.
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Kraft Heinz used to get a pass from investors, who bought shares expecting it to find growth through dealmaking and cost-cutting.
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After Macy's outlined a cost-cutting plan Wednesday, some "Fast Money" traders felt its stock might break out of a recent rut.
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Shares of Walgreens Boots Alliance Inc were down 2.2 percent as the drugstore chain launched a cost-cutting plan after beating estimates.
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It will take a charge of $250 million and make cash payments of $220 million as part of the cost-cutting plan.
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But in a raft of cost-cutting measures the previous season, the International Automobile Federation, Formula One's governing body, banned midrace refueling.
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Oil drillers, meanwhile, continue to hunt for new cost-cutting technologies - after already halving the cost of extracting a barrel since 2014.
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However, a number of analysts have also attributed the cost cutting they are undertaking to volatility and uncertainty in the global markets.
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The earnings come amid a cost-cutting drive at the company, an initiative that Kaeser said put the company in good stead.
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Micron's remarks came as it reported quarterly earnings above analysts' estimates on Wednesday as cost-cutting helped offset falling demand and prices.
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Fitch expects the city to use some of its financial flexibility (tax leeway and cost-cutting measures) to avoid reaching this peak.
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News from elsewhere on the internet Elon Musk tells Tesla employees that the company is getting very, very serious about cost cutting.
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"They have announced this cost cutting in response to weak industry conditions," said Chris Johnson, lead agribusiness credit analyst at Standard & Poor's.
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In a cost-cutting move, county election officials slashed the polling locations to 60, compared with 200 in the election in 2012.
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It also said it was introducing a restructuring programme, and a new strategy aimed at cost cutting and closer relations with clients.
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Both companies have since announced cost-cutting plans and sold most of their European operations to focus on their North America businesses.
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As a cost-cutting measure, and to push ahead with its test schedule, NASA did not deploy any parachutes for the test.
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San Bernardino's financial restructuring also includes folding its fire department into San Bernardino County's fire services district as a cost-cutting measure.
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The relentless cost-cutting, however, is in part a reflection of how tricky it is for Bank of America to boost income.
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Macy's, whose profits have been shrinking for more than a year, said it would intensify cost cutting and monetize unproductive real estate.
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Chief Financial Officer Carlos García Moreno said on the investor call that cost-cutting could further improve EBITDA in Mexico in 2018.
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Few doubt, however, that Mr Walsh, who earned the nickname "Slasher Walsh" for his penchant for cost-cutting, still pulls the strings.
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Among cost cutting measures, the carrier slashed 6 percent of its capacity last year, scrapping routes to Dallas and Abu Dhabi recently.
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At A.M.I. board meetings, which are often held at Mar-a-Lago, Pecker boasts of his relentless cost-cutting at the magazines.
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General Electric CEO John Flannery is considering every cost-cutting measure for his company, putting new scrutiny on his predecessor Jeff Immelt.
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Denver released him in March in a cost-cutting move that saved the team nearly $3.5 million against the 2019 salary cap.
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LATAM posted a net loss for the third year in a row, but maintained margin guidance as a cost-cutting program continued.
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She said that he has a track record of cost cutting with the VW brand, while stopping short of mass job cuts.
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Greco said the insurer was not setting new public cost-cutting targets, but cost savings would be embedded in its financial targets.
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Cost-cutting helped offset lower demand for consumer, coal, industrial and agricultural products, the latter in part because of new trade policies.
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Valero spokeswoman Lillian Riojas in the statement said the company did not renew its RFA membership due to cost cutting in associations.
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The revelations came amid a broader WSJ report about new CEO John Flannery's cost-cutting and efficiency measures to reshape the conglomerate.
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"Those terminated were generally the highest paid in their position," this person said, suggesting that the firings were driven by cost-cutting.
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Over five years, including the 2008 recession, Hurd had overseen consistent revenue gains that some attributed to his aggressive cost-cutting strategies.
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While regulatory approval is pending, Thompson said Estácio would remain focused on cost-cutting measures related to teachers' payroll and advertising expenses.
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Norway's two oil workers' unions have said the incidents could be a sign that cost cutting in the industry is compromising safety.
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Fortified by a completed 10-billion-crown cost cutting drive, Volvo has seen its shares climb 43 percent in the past year.
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U.S. oil production is at the highest level in decades after years of severe cost-cutting by oil and gas exploration companies.
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But after Elliott bought a stake and pressed for layoffs and cost cutting, he and his newly appointed CEO stopped getting along.
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"We were encouraged by the cost cutting plans of the company and the potential transformation of its future cash flows," he said.
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Kraft Heinz's reputation for steep cost-cutting is not a detriment at it looks to find growth and smaller partners, said Luz.
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With a combination of cost-cutting and marketing, the German carmaker appears to have contained some of the damage to its image.
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The Journal described former executives as saying Neumann's "outlandish" cost-cutting goals helped produce better results than "more realistic" goals would have.
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Former Boeing engineers told Bloomberg in May that the company's emphasis on production speed and cost-cutting jeopardized the 737 Max's safety.
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The cost-effective alternative is cardboard, but that's not perfect eitherThe switch from cardboard to plastic is largely a cost-cutting measure.
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The Brazil-based InBev leadership team was known for its tendency to implement sharp cost-cutting measures without hesitation, the BBC reported.
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In Europe, where biosimilars are already making deep inroads, Roche's cost-cutting is more advanced, with some commercial operations being trimmed back.
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CIMB reported a 24 percent jump in fourth-quarter net profit, helped by a rise in non-interest income and cost-cutting.
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For 2018, Hershey expects sales to rise 5-7 percent and margins to remain flat, despite cost-cutting and lower cocoa prices.
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This is a bad model, made worse by the tendency of some companies to rely on it as a cost-cutting measure.
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"Bezeq is in the midst of a major restructuring with several parallel early retirement plans and cost-cutting measures," said Rosner said.
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The job losses, which are part of an extended cost-cutting program, would fall mainly in its energy supply business in Britain.
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Yet, instead of reinvesting money into the journalism or staff resources, newspapers are still cost-cutting by making newsrooms leaner and leaner.
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Some executives who work at Fox's studio offices in Los Angeles have been complaining bitterly about the prospect of Disney cost-cutting.
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The factory sales and other cost-cutting steps thinned Hasbro's work force to about a fifth the size of Mattel's 28,000 employees.
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Many companies are considering cost-cutting efforts amid the coronavirus outbreak, and the Harvard Business Review reported that many were considering layoffs.
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GM is in the process of closing four of its 30 US plants as part of a $4.5 billion cost-cutting effort.
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To address that gap, he said the district has begun evaluating cost-cutting options and lobbying for compensatory funds from the state.
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Lopez Obrador has already announced his government will cancel a pending purchase of U.S. helicopters as an example of cost-cutting measures.
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So the notion that Amazon will cause brutal cost-cutting in an already competitive business doesn't look likely in the short term.
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The privatization could generate at least 40 billion reais in value for Eletrobras through cost-cutting and downsizing, the Itaú analysts said.
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It will also initiate a cost-cutting programme, including staff reductions, so costs in 26.7200 would equal slightly rising costs this year.
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The move was a cost-cutting measure In 2014 when the city was under the control of a state-appointed emergency manager.
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Relentless cost-cutting has ravaged news organizations that have yet to find ways to offset steep declines in print advertising and circulation.
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In fact, the White House got rid of the pandemic response group in the Administration in a cost-cutting measure in 2018.
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N>, which last week reported a quarterly profit for the first time in three years as a results of cost cutting efforts.
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As part of a cost-cutting plan announced last year, the company decided to shut some plants in North America and China.
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The company spent about $80 million to $90 million on the cost-cutting reorganization, primarily on severance and shutting down field offices.
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"The expansion plans and cost cutting program give us confidence that we can achieve a significant EBITDA improvement next year," Paulides said.
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There also is likely to be room for cost-cutting, which is another thing private equity players look for in an investment.
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The profit bump was buttressed by higher-than-expected cost-cutting, with expenses down 5 percent year-over-year, totaling $13.3 billion.
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Two of the sources said Generali will announce an acceleration in its cost-cutting efforts at its annual results on March 16.
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So did cost-cutting measures like traveling standby on a commercial pilot friend's companion passes and staying with host families at tournaments.
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So did cost-cutting measures like traveling standby on a commercial pilot friend's companion passes and staying with host families at tournaments.
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She took major cost-cutting steps by getting rid of money-losing assets and laying off around 85,000 employees during her tenure.
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Others have accused the company of using bullying tactics in negotiating price, severe cost-cutting campaigns and being ignorant of digital innovation.
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Mr. Hicklin started the agency, Grand Editorial, as a cost-cutting measure at a time when the publication was in financial trouble.
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The company anticipates even less revenue next year, but because of a dramatic cost-cutting, it forecasts a loss of $9 million.
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Ericsson's cost-cutting initiatives entail substantial restructuring costs that are likely to turn its free cash flow negative in 2017, by our estimates.
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It's only now I'm been forced to reckon with Nintendo's cost cutting, which means I should just go to Amazon and move on.
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Most banks have launched cost-cutting plans and are scaling back their domestic branch networks, especially in urban areas, as digitalisation is accelerating.
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Verizon, which has been focused on cost-cutting, said it is on track to reach $10 billion in cumulative cash savings by 2021.
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On Friday, retailer Sears Holdings announced a cost-cutting plan as customers move to online shopping or to rivals such as Wal-Mart.
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It seems like a lazy cost-cutting move that goes against what makes Moto's G-series phones so good in the first place.
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"Walmart valued international growth and cost-cutting over compliance," said Charles Cain, Chief of the SEC Enforcement Division's Foreign Corrupt Practices Act unit.
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Novaes said the cost cutting program, to cost 300 million reais this year, will save it 500 million reais annually starting in 2020.
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Two cost-cutting programs will save $40 million annually by about 2020, Mora said, adding he plans to look only "opportunistically" for acquisitions.
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The Wall Street Journal endured a 21% drop in advertising revenue in mid-2016, leading to yet more cost-cutting and voluntary redundancies.
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Images via Factory Berlin (left), and Fraeulein Kimchi (right) SoundCloud's lavish Berlin headquarters where employees were laid off without warnings about cost-cutting.
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I wasn't in the hospital for more than a week, but before the era of medical cost-cutting, I probably would have been.
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Aggressive cost-cutting measures like closing stores, streamlining its operations and opening a factory in China to manufacture its forthcoming Model Y vehicle.
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"Almost all things that are AI are going to be cost-cutting at first because it's the fastest return on investment," said Marcotte.
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The cost-cutting measures are necessary despite the fact that Tesla just raised $2.7 billion earlier this month, Musk said in the email.
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The results reflected an array of positive business factors including a lift from cost-cutting programs implemented after the 2007-2009 financial crisis.
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Firms that reported lower headcount cited company downsizing and cost-cutting, and said more workers who were leaving voluntarily were not being replaced.
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Incoming CEO Patricio previously worked as chief marketing officer at AB InBev, a contrast to Hees' expertise in cost-cutting and deal integration.
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Insurance titan American International Group on Monday posted quarterly results that missed analysts' estimates, though it highlighted progress in cost-cutting and restructuring.
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The move was a cost-cutting measure for the company, which turned a profit for the first time in two years last fall.
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Wikibuy is using its data and input from its online community of cost-cutting enthusiasts to pinpoint some of the best deals online.
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Thirty senior members of the medical staff at her clinic, including her mother, were made redundant as part of a cost-cutting exercise.
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The fall in customer orders is in spite of a cost-cutting program that helped boost the Swiss power transformer maker's profit margin.
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Cost-cutting programs and the non-replacement of voluntary leavers both contributed to lower workforce numbers, IHS Markit cited survey respondents as saying.
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There's some speculation that the company will ultimately move away from the feature, but more likely, it was simply a cost-cutting measure.
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That innovation included cost cutting, which Donald Trump has criticized the move to close Carrier's plant in Indiana to move labor to Mexico.
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And additions like Managed Apple IDs have made it easier for multiple kids to share the same device, as a cost-cutting measure.
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From FY16 the group's strong cost-cutting measures, including the closure of loss-making stores, should fully offset expensive operational investments in repositioning.
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Twitter aims to reach profitability in 2017, recently announcing its intention to lay off about 350 employees as part of cost cutting measures.
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Last week, Baker Hughes' larger rival Halliburton reported a surprise profit of 1 cent per share, also due largely to cost-cutting measures.
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Flint water became contaminated when government officials decided to switch to tapping drinking water from the Flint River in a cost-cutting maneuver.
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GM has been on a three-year $6.5 billion cost-cutting mission that it expects to hit by the end of the year.
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The billionaire in the past few months has been pushing for cost-cutting initiatives, like cutting jobs and ending a customer referral program.
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The company said it stands by its famed zero-based budgeting approach to cost-cutting, in which managers need to justify all costs.
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The high definition camera maker's revenue also beat estimates, helped by cost-cutting as well as strong demand for its least expensive cameras.
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" It added that the candidate "never worked on cost-cutting or anything involving staff reorganization or the privatization of essential post office services.
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Outside a shopping mall here in Salford, the main complaint is not about Europe, but about municipal cost-cutting and reduced garbage collection.
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Moreover, improvements in its key brands and aggressive cost cutting initiatives are expected to save Darden $100 million over the next 2 years.
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Indicated 0.33 percent lower Munich Re is planning a cost-cutting programme, investor newsletter Platow Brief said late on Thursday, citing no sources.
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Microsoft beat on both the top and bottom line, helped by improvement in its cloud services business as well as cost-cutting. Amazon.
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This is playing out in Arizona, where Kingman Regional Medical Center is taking cost-cutting measures by renegotiating medical supply and service contracts.
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The footwear maker — known for its UGG brand — also lowered guidance for the current quarter and announced a series of cost cutting moves.
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In corporate news, Credit Suisse said it was accelerating its cost-cutting program which includes axing 2,000 jobs in its global markets business.
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Credit Suisse is also looking to improve its financial performance and on Wednesday announced that it was to accelerate its cost-cutting efforts.
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Tenet has said it's been implementing more cost-cutting programs that are focused on raising hospital segment margins, thereby turning its business around.
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He also predicted a margin recovery to at least 6.3% in the second half, as cost-cutting and new supply contracts kick in.
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Meanwhile, profits should be boosted by cost cutting, including headcount downsizing, branch consolidation and a shift from seniority-based to performance-based pay.
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Based on its forecasts, Ford said it will accelerate cost cutting and cut North American production in the second half of the year.
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N) quarterly profit topped analysts' estimates as the company intensifies its cost-cutting efforts ahead of its merger with Dow Chemical Co (DOW.
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In picking up the baton, Sewing would also face challenges including further cost cutting, intense competition at home and abroad, and increased regulation.
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Other cost-cutting measures include reducing the number of foreign players and having teams play longer series against each other to reduce travel.
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Novo Nordisk, the world's biggest diabetes drug company, will present a cost-cutting plan when it announces second-quarter results, the newspaper reported.
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Bompard is expected to back a far-reaching restructuring that some analysts estimate could involve a billion euros ($1.2 billion) of cost cutting.
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MetLife first unveiled its cost-cutting plan last summer, saying it would save a gross $1 billion a year, partly through job cuts.
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Gannett, long known for cost cutting but seeking to expand its national footprint, had somewhat remarkably emerged as a lifeline for struggling newspapers.
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Uber is still losing massive amounts of money, but it's not letting recent cost cutting moves get in the way of continued expansion.
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Earlier this year, the Swedish press reported that Ericsson could shed about 25,000 employees outside Sweden as part of its cost-cutting drive.
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After burning through more than $5.2 billion in the second-quarter, Uber's third-quarter appears to be marked by significant cost-cutting measures.
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The company attributed the operating profit growth to a mix of higher sales volumes, which increased by 4 percent, and previous cost-cutting.
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"Cost-cutting is unacceptable as a reason for dismissing Mr. Keung," Alan Leong, the leader of the pro-democracy Civic Party, told reporters.
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As of June 2017, the cost-cutting efforts included shutting down 246 branches and reducing headcount by over 3,000 employees since December 2016.
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The cost-cutting appears to be part of belt-tightening ahead of a planned new injection of funding, TechCrunch has come to learn.
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STRUCTURAL v CYCLICAL The recent slump in oil prices has been accompanied by brutal cost-cutting across the entire oil and gas industry.
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Brussels may well demand more cost cutting in May if, as it has suggested, Portugal fails to comply with the EU fiscal rules.
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Tal said in late November that the company is "well funded," yet it has spent half of the year in cost-cutting mode.
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Cost-cutting helped the diversified miner report a surprise adjusted profit but it also recorded an impairment charge as it slashed its workforce.
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For every job lost due to government regulations, 15 are lost due to corporate cost cutting, according to the Bureau of Labor Statistics.
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He wanted to make sure he was there to make quick cost-cutting decisions, and he could not wait to see the results.
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It was not a good time at Condé Nast, or anywhere else in the cash-strapped magazine industry, to scoff at cost-cutting.
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The next year, it bought The Record of Bergen County, N.J., along with its sibling newspapers, and then began a cost-cutting campaign.
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He compares the cost-cutting frenzy to a dollar-auction game, a behavioral finance staple in which participants bid for a dollar bill.
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Mr. Tosi initiated cost-cutting efforts, including cuts to customer service and food staff, that longtime Airbnb employees saw as hurting the culture.
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DAIMLER In February, German business daily Handelsblatt reported Daimler was intensifying its cost-cutting measures and planning to cut up to 15,000 jobs.
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It also highlights the extent of the automaker's cost-cutting under new CEO Makoto Uchida, who is under pressure for a quick turnaround.
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But those workers "have already been laid off because we went through some cost cutting in the last couple of years," he added.
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After becoming CEO of a struggling Nissan in 2001, Ghosn was hailed as the automaker's savior by implementing an aggressive cost-cutting plan.
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In July, the company said that it had accelerated its cost cutting and expected to achieve £20 million in savings over the year.
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But it is worth noting that it required heavy cost-cutting — in sales, marketing, research and development, and stock-based compensation — to achieve.
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Bilson was referring to 3G Capital, a private equity firm that embraces a hard-core cost cutting strategy known as zero-based budgeting.
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In the 240s, G.M. tangled with Volkswagen after that company hired a key G.M. executive, who took confidential cost-cutting data with him.
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Jefferies initiated coverage on the food company's shares with a buy rating, citing Kraft Heinz's track record of cost cutting after its acquisitions.
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The introduction was a nod to Flint, Michigan, where cost-cutting measures led to tainted drinking water that contained lead and other toxins.
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The president, meanwhile, pointed to insufficient cost-cutting efforts carried out by the Navy and general dissatisfaction with how Gallagher's case was handled.
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The union said Noranda has failed to demonstrate that is experiencing any financial troubles and has refused to explore other cost-cutting measures.
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The format, which is half the size of a broadsheet newspaper, often functions as a cost-cutting measure for newspapers around the world.
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Besides, Hamers – on whose watch ING paid the Dutch government back for support during the financial crisis – brings cost-cutting and technology credentials.
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Nevertheless, cost-cutting and continuing increases in sales of its most affordable car, the Model 3, have put the company into the black.
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Danske Bank has offered 2,000 Danish employees voluntary redundancies as part of a cost cutting exercise, the bank told broadcaster TV2 on Monday.
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As a result, NIO also spent all year undergoing a major cost-cutting effort, which has resulted in more than 2,000 layoffs worldwide.
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Combining with Kraft Heinz would leave the company in the hands of masters of cost-cutting, who have won praise from Mr. Buffett.
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A cost-cutting regime has reduced the quality of the service pilots want to give to the customers, as well as affecting themselves.
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Is Washington's plan to gut the Affordable Care Act's navigator program a proper cost-cutting measure, or a politically motivated attack on ObamaCare?
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Mattel benefited from the impact of a cost-cutting program, even though holiday sales were pressured by strong competition from rival Hasbro (HAS).
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Amid hand wringing and cost cutting at many major magazines, there was a genuine excitement in 2017 around the rebirth of British Vogue.
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Jenkins framed it a slightly different way: Ultimately, the rate of cost-cutting and innovation would help decide how far solar can go.
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Cost-cutting coupled with 20 new or redesigned vehicles that will launch in China this year will sustain the company's profit, he said.
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"Part of the attraction with BP is that they started the cost cutting before some of the big oil majors because of Deepwater (Horizon), but now as the oil price does continue to hold up, maybe you don't necessarily want as much cost cutting anymore, you want to start expanding," Lawler added, referring to BP's deadly Gulf of Mexico oil spill in 2010.
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Musk wrote the "hardcore" cost-cutting measures would be so granular that he would "personally review and sign every 10th page" of outgoing payments.
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Despite poor revenue growth, from 2010 on corporations became very adept at improving their bottom lines by cost-cutting and investing in new technology.
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The announcement follows recent cost-cutting measures the company has made in a bid to reduce the price of its products and boost margins.
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A cost cutting drive by state oil firm Petroliam Nasional Bhd (Petronas) of up to $12 billion over four years added to the problems.
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That is a result of cost-cutting and also increased competition for free spirits from fracking and other extractive industries in the western states.
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Musk boasted of several cost-cutting innovations, including higher-power boring machines, digging narrower tunnels, speeding up dirt removal, and simultaneous excavation and reinforcement.
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They are expected to push for an executive role for Harrison, a respected industry executive with a reputation for cost-cutting, according to reports.
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The premium electric auto manufacturer has made a number of cost-cutting moves of late, as it looks to boost margins and expand profitability.
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The next day, Kraft Heinz reported lacklustre quarterly results that investors saw as a sign that the company's cost-cutting had reached a limit.
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A merger or a sale to a rival could alleviate some of the pressure through cost-cutting, reduced competition and new markets and products.
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Citigroup's earnings for the quarter were 11% higher on a year-over-year basis as it also got a boost from cost-cutting efforts.
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Snack maker Kraft Heinz saw an opportunity in February to apply a cost-cutting lightsaber to the Anglo-Dutch regime's sub-par operating margin.
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Excluding the effect of any cost cutting it achieves, GM's Suryadevara reaffirmed GM's commodity costs in 22.03 will increase by $21.87 billion over 21.25.
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"Medicaid block grants necessitate cost-cutting measures like restricting enrollment, decreasing provider reimbursement, and limiting eligibility and benefits through managed care," the Democrats wrote.
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Thanks for your hard work Analysts had been losing confidence in Tesla's stock during the past week as the company entered cost-cutting mode.
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Partly as a result of cost-cutting, and a bit of luck in the form of low oil prices, the airline's finances are rosy.
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Looking ahead, he said the drive for cost-cutting would continue and the company could also consider growth, although he did not specify where.
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He noted the handbag manufacturer has instated new design and cost-cutting initiatives, but has faced a seminal problem: consumers' diminished appetite for handbags.
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Here are four cost-cutting tips from the experts: RENT TEXTBOOKS In the old days, pretty much your only options were buying and selling.
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A more conventional cost-cutting measure is to ask the government if it can stop delivering on Saturdays, which would make a substantial difference.
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At the same time, suitors will sound out the scope for potential cost cutting, which will make for tricky negotiations between the two parties.
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"Without innovation and cost cutting, companies can't get the kind of profitable growth that this market demands to send their stock higher," Cramer said.
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Despite cost-cutting and divestments, Bunge's share price is 28% below its February peak, even after a 3% jump when the reshuffle became public.
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The bank is only halfway through a previously announced $4.8 billion cost-cutting target, and cutting any deeper could hurt its businesses, analysts said.
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The pharmaceutical company in response announced plans to increase access to its leading product by making expansions to its already existing cost-cutting programs.
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Among gainers, Isetan Mitsukoshi rose 3.1% on a media report that the department store operator plans cost-cutting measures and is considering share buybacks.
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Flint has gained national attention over the past year after cost-cutting measures led to tainted drinking water that contained lead and other toxins.
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But as dealmaking has slowed and cost-cutting has run dry, its investors are punishing it for finding itself no better than its peers.
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KLM staff regarded repeated costly strikes at Air France with dismay, as the Dutch arm of the union weathered painful cost-cutting and layoffs.
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I wouldn't bet on OnePlus including these features, since cost-cutting is often a priority for the value-driven brand, but anything could happen.
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The Austin-based insurance startup doesn't want to disrupt the highly regulated industry with cost-cutting risk assessment algorithms or by outright flouting regulation.
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Petronas' capital investments tumbled 226 percent in 27 due to project deferment and other cost-cutting steps, while "controllable" costs fell by 16 percent.
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In a $1 billion-plus cost-cutting drive, Zurich said around 8,000 jobs across the company would be affected by the end of 2018.
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At the time, many parents called the decision a cost-cutting move that decreased the value of the dolls, which retail for over $100.
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The company said it would close 4.43 stores in addition to the 200 closures announced in 2015 as part of a cost-cutting plan.
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European lenders have attempted to cope by a constant cost-cutting and strategic tinkering, but some think more radical decisions need to be taken.
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The French unit's financial performance contrasted again with that made in United States, where its operating margins keep on growing after heavy cost cutting.
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NRG also said it would set up a five-member committee to look into cost cutting, asset sales, capital allocation and broader strategic initiatives.
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Popular fired its chief executive in July and announced a cost-cutting plan, a month after raising 2.5 billion euros in a share issue.
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"The board believes it prudent to assume continued subdued market conditions," the company said in a statement that also outlined a cost-cutting plan.
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Any flyers enduring that long in the air will have to hope the cost-cutting does not extend too far into their basic comforts.
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"They need to focus on executions, cost cutting, and we'd like to see them shut in some higher cost frac sand mines," he said.
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Businesses sell stuff to other people; they don't need to worry about the effect of their cost-cutting measures on demand for their products.
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Haggerty has concerns about the Olympic tennis venue — worries about the lighting and the impact of cost-cutting moves by the Rio organizing committee.
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Liz: For a news organization in the midst of sizable cost cutting, this project stands out as a significant investment of money and time.
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Throughout this long but shallow economic recovery, wage growth had been weighed down by several factors, including cost-cutting efforts and lackluster productivity growth.
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In the fourth quarter, BofA benefited from an aggressive cost-cutting program Moynihan detailed last summer, as well as a pickup in trading revenue.
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Engie is preparing to present a cost-cutting plan next week aimed at boosting profits by one billion euros, Les Echos reported on Wednesday.
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As with all of its holdings, 3G began extensive cost cutting at Labatt, which it acquired in 1995, including lower wages and reduced benefits.
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"Because future (trust fund) deposits are not legally mandated, they could be an attractive cost-cutting target to close potential budget gaps," Moody's added.
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The rest of the White House website was redesigned and relaunched last year as part of a cost-cutting move by the Trump administration.
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Critics say his cost-cutting measures and policy changes are excessive and undermine growth by stifling foreign investment in vital sectors such as mining.
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Operating profit, which excludes one-time charges, is expected to rise about 8 percent, helped by cost cutting and the timing of seed deliveries.
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The academic debate about disability occurs in the background of the political debate, which is, predictably, more heated, and more focused on cost-cutting.
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Critics say his cost-cutting measures and policy changes are excessive and undermine growth by stifling foreign investment in critical sectors such as mining.
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Summit, which also plans to implement cost-cutting measure, said it will now focus its operations on the development of its pipeline of antibiotics.
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"The sector slowdown is so bad companies must act to achieve further cost cutting," Bernstein analyst Nicholas Green said in a note to investors.
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After years of cost-cutting and closures, fewer than half of the nation's rural counties now have a hospital that offers any obstetric care.
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"For all the cost-cutting measures and layoffs of local newspapers, there's still quite a few college sports reporters around the country," he said.
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The bankruptcy is a sign that cost-cutting measures such as the shuttering of hundreds of unprofitable stores and inventory clearance sales didn't work.
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Ford has kicked off a cost-cutting drive under Jim Hackett, who was tapped last year to be chief executive to reinvigorate the company.
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In February, Call of Duty's publisher, Activision Blizzard, laid off 8 percent of its staff, or nearly 800 workers, in a cost-cutting massacre.
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He has argued that 218G and Berkshire don't have contradictory views on cost-cutting, they only differ on the type of deals they pursue.
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In a cost-cutting move, Bailey, the second most accurate kicker in N.F.L. history, was surprisingly let go by the Cowboys on Sept. 218.
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The Reds made almost no effort to improve their last-place roster over the winter, and the Marlins gutted theirs with cost-cutting trades.
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Given the challenges facing the industry, Daimler's cost cutting program announced in November may soon be followed by more, said NordLB analyst Frank Schwope.
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As Brian Strutton of BALPA, their union, puts it, they are frustrated with the "dumbing down" of BA's service after years of cost-cutting.
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Mr. Glenn was laid off as part of what the company said was a cost-cutting measure five months after he reported the vulnerability.
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The bank meanwhile is leaving its London headquarters office in a cost-cutting move, transferring staff to another building in the City of London.
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During her time in that role, she was part of a team that oversaw a dramatic cost cutting program that included shedding 8,000 jobs.
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Kraft Heinz, a recently assembled conglomerate selling its namesake macaroni and ketchup, is known for ruthless cost cutting, huge layoffs and relentless penny pinching.
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For the last several decades, a corporate culture of quarterly earnings reports has emphasized short-term profit and executive bonuses based on cost cutting.
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Interim CEO Quinn is expected to announce his cost-cutting measures when the bank reports annual results and its new strategy on Feb. 18.
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Board members gave Hood credit for "record year financial performance and management" and cost cutting across multiple departments in the most recent fiscal year.
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Several top cannabis producers including Aurora Cannabis Inc and Tilray Inc have announced layoffs and other cost-cutting measures to cope with the slump.
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Tillerson's cost cutting has lead to the agency's senior tiers "being depleted at a dizzying speed," and "a decapitation of its leadership ranks," Amb.
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Occidental Petroleum said on Wednesday it would begin dismissing workers in a new cost-cutting move following its $103 billion acquisition of Anadarko Petroleum.
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"Medicaid block grants necessitate cost-cutting measures like restricting enrollment, decreasing provider reimbursement and limiting eligibility and benefits through managed care," the letter said.
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Those trends are slowing and their impact on earnings is increasingly offset by strong growth in mobile data subscriptions and KPN's cost-cutting efforts.
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Time also announced a new cost-cutting initiative aimed at slashing up to $600 million in expenses over the next three to four years.
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