71. The banks have not denied there would be job reductions, but have said they can be absorbed through attrition. 72. The deal will result in few, if any, job reductions, Delta management said. 73. The initial job reduction excludes European operations, but the company anticipates cuts in Europe following communication and consultation with employees and their representatives. 74. The job reduction will be achieved through retirement or re-qualification systems, not through layoffs, Deputy Industry Minister Jerzy Markowski said on the television news program Wiadomosci. 75. The media company said today that cost-cutting is planned, including an unspecified number of job reductions. 76. The layoffs are part of the job reductions that were announced last October when Philadelphia-based PECO Energy and Unicom merged, creating Exelon. 77. The media company declined to provide details on the scope of the job reductions other than to say they would occur across all divisions. 78. The Newspaper Guild, which represents employees at the newspaper, protested the way news of the job reductions was communicated to the staff. 79. Tricia Primrose, a spokeswoman for AOL Time Warner, did not deny that job reductions were taking place, but she declined to provide specifics. 80. Unions would have to agree to more steel industry job reductions to cut costs, with the trade-off being better job security, Miller said. |