Word: cuttingly
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Dates: during 2000-2009
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...along with its Russian partners, will protect German jobs at the expense of other jobs. "There are going to be more tough negotiations with GM Europe and Magna," says Klaus Franz, the head of Opel's works council. "A very stony road lies ahead of us. Jobs will be cut, but we hope we can prevent forced redundancies and plant closures," he says. (See the 50 worst cars of all time...
...which employ 5,000 workers. The British Business Secretary Lord Mandelson grumbled that Magna had been "vague about their job and business plans." There are also questions over the robustness of Magna, which has been hit hard by the global downturn. Magna said during the negotiations it would cut 10,000 jobs across Europe, with the axe falling on around 2,500 jobs in Germany, but Magna pledged to keep the four German Opel factories open. The Opel factory in the city of Bochum could be the worst hit, with 1800 jobs under threat. "There'll be restructuring and that...
...government began soliciting bids for the Hong Kong - Zhuhai - Macau highway, a bridge-and-tunnel complex 16.5 miles (26.6 km) long that will allow connections among 35 ports in the Pearl River Delta, the cradle of China's economic boom. When completed in 2015, the $10 billion project will cut driving time from Hong Kong to the industrial area of Zhuhai from about four hours to just 30 minutes...
...consumers cut back on spending, the famed chef and author of Lidia's Italy zeroes in on one way to stretch your food dollar...
...noticed… an evolution of this bright young man from the back-country who cut a wide swath through Harvard, had a superb career as a journalist and wound up as a professor like so many of us,” Darnton said...