101. If the Victorian strategy is successful, Village Managing Director Graham Burke said the company will cut prices in other states. 102. In addition, the company has cut its dividend to shareholders in half. 103. In fact, companies are still cutting prices. 104. In July, PDVSA announced a reorganization plan that triggered speculation over whether the company would cut some jobs. 105. In November, automobile, metal and electric machinery companies cut production the most. 106. In such an environment, companies must cut costs to remain profitable. 107. Indeed, the cyclical slump has provided the incentive for Japanese companies to cut costs, which should help them adjust to the structural changes in the long run. 108. In the past year, the company has cut fat and revamped its image in an effort to boost sales. 109. In the past, she said, the company would cut without paying enough attention to reinvesting the savings in supporting the brand and product development. 110. Instead of cutting wages, which can be very difficult in practice, many companies are cutting staffing levels by hiring fewer new employees or calling for voluntary retirements. |