Word: shrunk
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Dates: during 1990-1999
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...only prices are being cut. Despite almost $60 million in profits last year on turnover of around $460 million, Moet & Chandon, the largest producer, announced last May that 245 employees would be laid off for economic reasons -- the first time in living memory that the industry had shrunk its work force. Then, in June, Moet Hennessy Louis Vuitton, which owns Moet, announced 457 layoffs. An employee backlash has since forced the producers to rethink their cost-cutting strategy, and a regional labor court ruled in August that employees cannot be fired summarily. But the pressure to reduce costs is still...
...beginning of the century, the rails hauled everything -- people and products. Trucks and cars changed that, and by 1970 the rails had shrunk and were stalled, often indifferent to customers and shifting markets. About 22% of the lines were in bankruptcy, and the whole industry was under threat of nationalization. Trucks grabbed all the new business and, as any motorist knows, a great deal of the highway space...
...going to keep score. She doesn't think in those terms, and you couldn't get her to talk in those terms." Friends say Reno has no regrets about not being part of Clinton's inner circle. As a White House aide remarked, "The inner circle has shrunk to the size of a Cheerio, anyway...
...question once covered the entire tip of Florida -- about 4 ! million acres of wetland stretching from Lake Okeechobee in the north to the Gulf of Mexico in the south. For centuries it was treated like a huge swamp to be drained, farmed and, ultimately, paved. Now the acreage has shrunk to 2 million, and what remains is under pressure from a population growing by 600 people...
...even Ober, for all his gush about freeing Dan to report from the field, admits the goal is better numbers. In the 12 years since Rather took over for Walter Cronkite, the show's share of the audience has shriveled by a third. Meanwhile, Tom Brokaw's piece has shrunk only 10%, and Peter Jennings' has held steady -- heroic achievements in this twilight-of-the-networks...