21. Dunlap is known for taking over companies, such as Scott Paper Co., and cutting jobs by the thousands, paring assets and boosting the share price.
22. Electronics companies like Siemens of Germany and Ericsson of Sweden are cutting jobs by the thousands.
23. Faced with cutting jobs, the Texas airline instead opted for a marketing alliance with Northwest Airlines that gave Northwest a controlling stake.
24. He believes it stems from corporations pocketing record profits by cutting jobs, increasing workloads and using cheaper overseas labor.
25. Headline News already had announced it was cutting jobs.
26. In an effort to improve its results, the company has been cutting jobs.
27. In addition to cutting jobs, the company is trimming business travel, technology spending and its marketing budget.
28. In addition to cutting jobs, Xerox said it will consolidate some operations to speed up the time it takes to bring new products to market.
29. Import restrictions long kept the cutting jobs in the United States, the company said.
30. In anticipation of the increased competition, utility companies are cutting jobs, selling plants and reducing dividends in an attempt to slash costs.