1. Among the measures are increased procurement of parts from cheaper overseas sources, an early retirement program and the transfer of some staff to affiliates to reduce personnel costs. 2. Annual maintenance costs for such software typically amount to a third of the license cost, and that is on top of hardware and tech personnel costs. 3. Benetton cut production and personnel costs, said a company spokeswoman, and used the savings to pay off debt. 4. Cuts should be focused on social benefits, subsidies and public sector personnel costs, it said in a statement. 5. Dealers are flocking to the Web to cut advertising and personnel costs. 6. Grolsch warned, though, that it expects to have to raise prices to compensate for increased personnel costs. 7. He said more direct routes for airlines will mean lower fuel costs, lower personnel costs and higher productivity for airline passengers. 8. Higher personnel costs as a result of increased staff level reduced net income in this area, the bank said. 9. If you assume that labor costs are the biggest expense a company faces, rising personnel costs make it more likely that a company will consider raising prices. 10. In terms of personnel costs, the move made perfect sense. |
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