41.   Businesses also slashed payrolls in April for the second month in a row.

42.   He noted that other network equipment providers, including Nortel Networks Corp. and Lucent Technologies Inc., recently slashed payrolls by a similar percentage.

43.   More layoffs came as private businesses, struggling to compete with imports, slashed their payrolls.

44.   Schott received punishments for inflammatory comments and the team went three years without a winning record as it slashed payroll and rebuilt.

45.   The EU-commissioned report was an attempt to address public concerns that increased competition in the sector could lead national telecoms monopolies to slash their payrolls.

46.   The Tampa Bay Devil Rays are looking to slash their payroll.

47.   Inflated restructuring costs, as the Japanese hi-tech giants slashed payrolls and shut inefficient operations, also pushed both firms firmly into the red.

48.   Inflated restructuring costs, as the Japanese hi-tech giants slashed payrolls and shut inefficient operations, also pushed both firmly into the red.

49.   Also successful efforts of Japan Inc. to slash payrolls and cut production were reducing stockpiles, but at the expense of Japanese consumer spending.

50.   Deflation hurts corporate profits, forcing firms to slash payrolls to survive the slump.