Word: trim
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...promised to keep 16% of combined U.S.-Canada output north of Detroit, but unless its new models can win market share from Ford and Toyota, it will continue its painful slide into oblivion. Also, as GM continues to shrink at home, it can trim a proportionate amount of production in Oshawa without breaking its promise to the Canadian government. Early on July 8, GM reported a 34% decline in June sales, to 176,571 cars and light trucks, in its domestic market. Year-to-date sales have collapsed 41%, to 954,356 vehicles...
...University spokesman Kevin Galvin declined to comment on the latest staff reductions. But Harvard officials have long cited the slumping endowment as a reason to trim compensation costs, which make up roughly half of Harvard's operating budget...
...1970s ever need Farrah Fawcett. Watergate and the Nixon resignation, soaring crime rates and gas prices - bad news everywhere - had the nation in need of a tonic, or a diversion, which is almost as therapeutic. Who could have guessed it would come in the trim form of a Texas blonde with a no-quit smile? That would be Farrah Fawcett, or Farrah Fawcett-Majors, as she called herself in her prime. (Not that there was ever a Farrah Fawcett Minor.) (See the 1976 TIME cover Charlie's Angels...
...Sciences, HCL administers Widener, Lamont, and Cabot Science libraries among others.Laying off employees is only the most recent budget-cutting measure implemented in Harvard's libraries. Administrators decided to convert the Quad library into student social space in order to reduce costs, and House libraries have been forced to trim employment hours and restrict student hiring to meet a mandated 25 percent House budget reduction.The library cuts as well as others in FAS come as a result of a projected $220 million annual deficit by fiscal year 2011. Recent cuts account for only $77 million of that total, which...
Although faculty, students, and staff across the University have long anticipated the impending staff cuts—Harvard officials often emphasize the need to trim compensation costs, which make up roughly half of the University's $3.5 billion operating budget—the layoffs appear to be have implemented quickly. Only three weeks earlier, in early June, both Galvin and Bill Jaeger, director of the Harvard Union for Clerical and Technical Workers, said that negotiations about staff reductions remained in very early stages, with discussions of a timeline for layoffs premature...