1.  And that meant cutting jobs.

2.  Anticipating increased competition, utilities companies are cutting jobs, selling plants and reducing dividends in an attempt to slash costs.

3.  Around the world, chip companies are cutting jobs, postponing or canceling projects and cutting costs wherever they can to cope with lower revenue.

4.  Asked if that meant cutting jobs, he said reductions over the past five years have left the company with barely enough personnel to cope with its daily business.

5.  At the first sign of trouble, that often means cutting jobs, which represent the biggest portion of their costs.

6.  At the same time, government ministries, schools and hospitals are cutting jobs.

7.  Banks typically project savings by cutting jobs and by selling divisions.

8.  Besides reducing excess capacity, closing plants and cutting jobs saved millions of dollars.

9.  ABB has lowered its costs in recent years by cutting jobs, shifting manufacturing to low-cost countries, using outside suppliers and services and streamlining production processes.

10.  Brokerages and banks, as well as electronics companies, are cutting jobs and closing offices and factories as production and sales slide across Asia.