Word: leaner
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Dates: during 2000-2009
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...leaner People's Liberation Army has been planned for some time, and Communist Party Leader Hu Yaobang announced last week what amounts to a crash diet: China will demobilize 1 million men and women...
...union has indicated that it will not strike. Said United Steelworkers Negotiator Paul Rusen: "We will go to work, be patient and in 18 months be better off." Citing the company's modern plants, John Jacobson of Chase Econometrics said Wheeling-Pittsburgh, if it comes out of bankruptcy "leaner and meaner," could be in a stronger position than its competitors. TELECOMMUNICATIONS David vs. Goliath, Round...
...believe the buyout makes sound business sense. Faced with a slump in jeans sales in recent years, Levi in the past 20 months has ruthlessly slashed costs, closing 14 domestic plants and an additional nine abroad while laying off some 5,500 workers. Net profits are up for the leaner Levi, and prospects are improving. Meanwhile, lower interest rates make it cheaper for the family to borrow money to finance the buyout. LEGISLATION Taking On Takeovers...
Most Saudis are not unhappy to see the end of the boom times. They say they are relieved that the period of runaway economic expansion is over. Nonetheless, even Saudi Arabia's new, leaner budget will be in trouble if oil sales do not go up. The Saudis could undercut OPEC's official prices and sell oil at market rates, just as others in OPEC already do. They are not likely to do that. The Saudis are trying to keep the organization together against the day, perhaps late in the 1980s, when demand may rise and the world may need...
Although 97 major bases have been shut in the four most recent rounds of closings, from 1988 to 1995, that still leaves 425 active sites--perhaps 25% too many, in the view of the latest and leaner-minded Defense Department boss. Next month Rumsfeld will list the bases he wants closed or moved, and a nine-member Base Realignment and Closure Commission has until Sept. 8 to approve or amend his recommendations. Then Bush must accept or reject the final list--on an all-or-none basis--and submit it to Congress, whose only option is to pass a joint...