Word: slashing
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...show. The sponsorship has grown to the point where the more corporatized circuit has alienated a portion of the sport's beer-drinking core. And as these companies pull back on their marketing budgets in the face of massive layoffs and losses - Sprint, NASCAR's largest TV advertiser, will slash 8,000 jobs after losing $1.2 billion in the first three quarters of 2008 - the financial foundation of the sport is at risk. In fact, four weaker-performing teams in the Sprint Cup Series merged to try to cut costs and stay competitive: Gillett Evernham Motorsports absorbed Petty Enterprises...
Though she empathized with departments that have had to slash budgets, Faust said such actions were worthwhile sacrifices to keep the institution afloat...
...worthwhile, should go through the regular appropriations process," Collins said. "Or in the case of the $19 billion for school construction there's a real case on whether that's a federal role or a local and state role." Tax cuts and other finance provisions allowed the negotiators to slash another $25 billion...
Google later backpedaled on its statement, conceding that the glitch had been caused by a simple human error. A forward slash was mistakenly added to a file that contained a list of potentially dangerous Web sites. As a result of this error, nearly every Web page was added to that list...
...head-on into a recession far more severe than anyone anticipated. With its global sales down 4% last year, Toyota has already announced a management shakeup as well as plans to temporarily close factories for an additional 11 days over the next two months. The goal is to slash output to less than half the number of vehicles Toyota was producing at this time last year...