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If it is enacted, the plan will allow the authority to eliminate a severe round of service cuts it had proposed for next year.
The institute underwent a major renovation in 2007 only to experience a severe round of cutbacks two years later, when it reduced its operating budget from $34 million to $25.4 million and eliminated more than 60 full- and part-time positions, or nearly 20 percent of its work force.
We're hearing reports that Propeller, the Digg-like news site that was once Netscape.com, has been holding a severe round of layoffs that is reducing its workforce to only a fraction of its former size only two weeks after relaunching the site.
The magazine's future, though, is anything but certain, as parent company Time Inc. plans to spin off into an independent entity, and enact a severe round of job cuts.
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Banks are carrying out a particularly severe round of job-shedding, although Citi was unusual in concentrating its cuts on consumer rather than investment banking.
The contingency plan, an additional severe round of cuts, would kick in if the mayor does not get the help he says he needs from the state and federal governments and the city's unions.
The announcement came a day after Gov. Jerry Brown of California announced a $2.2 billion budget shortfall, and another severe round of cuts to state colleges and universities.
Seven patients with ML were selected after several rounds of unsuccessful treatment and severe disease progression.
A new round of severe public service cuts and pay freezes will keep the UK in the slow lane," said O'Grady.
Payroll is down, too: banks have eliminated tens of thousands of jobs in the past couple of years and are now embarking on a new round of severe job cuts.
Just a week ago, the runs on currencies and markets in developing countries such as Brazil, Russia, and Mexico looked so severe that a new round of global meltdown seemed possible; that immediate crisis seems to have been forestalled, but the condition of the important emerging economies remains weak and their markets are still being battered.
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