Word: trimmed
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Saatchi management launched an overall restructuring program. Starting last spring, more than 800 corporate employees lost their jobs. Plans were laid to close corporate offices in Washington and to trim operations in New York City and in London, where the corporate staff last year moved into a glossy new global headquarters on sedate Berkeley Square. In addition, five of the firm's twelve directors left. As rumors of further shake-ups spread, Carl Spielvogel offered in July to buy the Backer Spielvogel Bates network. Charles Saatchi declined...
...committee agreed with $89 million in line-item cuts targeted by the Dukakis administration, added $16 million in cuts of its own and asked the governor to trim an additional $34 million from the budget...
...games over. In a feisty mood, Bush urged reporters last week to go after Congress for thwarting his and the nation's will. He vowed to leave in place automatic spending cuts that will trim $16.1 billion from the $1.2 trillion 1990 budget unless Congress on its own cuts about $14 billion from the deficit without resorting to "gimmicks." Unmentioned was the fact that most of the existing gimmicks were first proposed by the Administration...
Delta engineers and McDonnell Douglas say the extra tank inside the jet's horizontal stabilizer will better "trim" the plane in flight and is no more dangerous in the back of the plane than on the wing. "About all you'd get is a leak if an ((engine)) fragment went through that tank," claimed a McDonnell Douglas spokesman...
...every manufacturer is chasing the perfect technology. L.A. Gear has become a major contender by selling shoes mostly for show, not sport. Adorned with bright-neon trim, buckles and rhinestones and worn by svelte blonds in the company's TV commercials, L.A. Gear's shoes suggest sex and Southern California. One of the brand's top sellers is Street Brats ($60), with contrasting-color laces, marbleized leather and tongues that stick straight up. L.A. Gear was started in 1979 by Robert Greenberg, 49, a hairdresser turned entrepreneur who keeps his finger on the pulse of California shopping culture. Says...