1.   Cavallo announced a reduction in child subsidies and lifted tax exemptions on some employee benefits last Friday.

2.   Clarke may also announce reductions in tax paid on inheritance and duties levied on share dividends.

3.   Comsat Corp. and Hechinger Co. also announced job reductions recently.

4.   Delta Air Lines said Friday that it would also announce job reductions soon.

5.   Further reductions will be announced later this month, he said.

6.   OPEC had been widely expected to announce a reduction in output to bolster sagging oil prices.

7.   On Tuesday, Mellon Financial Corp. and Wells Fargo Corp. announced similar reductions.

8.   OPEC had been widely expected to announce a reduction to bolster sagging oil prices.

9.   Other consulting firms have also announced staff reductions as business has slowed.

10.   Since September, staff reductions have been announced at The Wall Street Journal, at The Dallas Morning News and twice over at The Los Angeles Times.