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...company's 130,000 jobs. At the same time, struggling McDonnell Douglas said it would slash 8,700 positions from the firm's commercial aircraft division, or 10% of the work force. And Pratt & Whitney, the jet-engine subsidiary of United Technologies, plans to pare 7,000 of its 30,000 jobs...

Author: /time Magazine | Title: May Day! May Day! | 2/8/1993 | See Source »

...divinity. You will not find much contemporary in the books, and there is scarcely a mention of domestic relationships, or cities, or Europe. Nearly all of them simply trace the dialogue of light and dark. "One reason I like boats so much," he explains, "is that you have to pare everything down to the bare necessities, and there you are, the captain of a little boat, without a shelter, without a past, without future hopes...

Author: /time Magazine | Title: Laureate of The Wild: PETER MATTHIESSEN | 1/11/1993 | See Source »

Traumatic as the cutbacks are to the giant firm's employees, they underwhelmed Wall Street analysts. Many think IBM has yet to bite the final bullet, and must pare its costs and payrolls further. (See related stories beginning on page...

Author: /time Magazine | Title: A Torrent of Pink From Big Blue | 12/28/1992 | See Source »

...also announced that it would pare its spending on research and development $1 billion, or 17%, a move that prompted President-elect Bill Clinton to comment while leading a two-day economic conference in Little Rock. Though he conceded that IBM's cuts reflect the irresistible pressures facing U.S. manufacturers, he expressed concern about IBM's decision to slash investment in research and development. That kind of expenditure, said Clinton, is "the exact thing we don't want them to be cutting...

Author: /time Magazine | Title: How IBM Was Left Behind | 12/28/1992 | See Source »

Whatever term used, the idea is the same--Faculty of Arts and Sciences (FAS) administrators hope shopping around will pare down their $7.5 million budget deficit...

Author: By Joanna M. Weiss, CRIMSON STAFF WRITER | Title: Faculty Buys in Bulk In Effort to Cut Deficit | 12/16/1992 | See Source »

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