21.   He axed seven senior vice presidents, brought in two Texas oil veterans as senior executives and announced a broad program of cost cuts and debt restructuring.

22.   He predicted further personnel and operating cost cuts over the next five years.

23.   Hewlett-Packard reaffirmed that projection in June, when it announced new cost cuts.

24.   HMR said it will begin talks with employees over the cost cuts.

25.   His success, though, depends on whether his cost cuts keep pace with declining fares and increasing competition, analysts said.

26.   In addition, the deal would give the new company greater leverage in negotiating cost cuts with doctors and hospitals, analysts said.

27.   In the United States, Random House recorded one-time expenses associated with its cost cuts, Applebaum said.

28.   Instead, the airline holding company said it plans to seek cost cuts by traditional collective bargaining.

29.   It also disclosed a fresh round of cost cuts to try to revive its dim fortunes.

30.   It also follows a decade of huge cost cuts at GE.