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Mecom added that trading conditions had been getting worse in the first few weeks of 2009, and it had begun additional cost cutting measures.
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The company's restructuring plan late last year included around 3,000 job cuts, but it did not elaborate on what the additional cost-cutting measures would entail.
The job cuts amount to 2percentt of Accenture's staff of 75,000 and the company said additional cost-cutting measures are possible.
And he said that the company had laid out additional cost-cutting plans beyond those previously planned, but he declined to quantify their extent.
He said G.E. might undertake additional cost-cutting as it refocused the business on its industrial components, which include production of items like wind turbines and jet engines.
To counter the financial downturn, Nokia is pressing ahead with "substantial" additional cost-cutting, Mr. Elop said, and is rapidly bringing the Lumia into new markets.
Sales of Lipitor amount to $12 billion a year.Merck laid out additional cost-cutting plans that will reorganise its research into diseases.
Analysts also wondered whether Ms. Bartz might also choose some of the other strategies that Yahoo has contemplated before, like additional cost-cutting, selling assets and even a merger with the AOL Internet unit of Time Warner, which Yahoo has discussed intermittently for more than a year.
But, the analyst got the sense that LSI may be exploring additional cost-cutting initiatives.
In France, investors welcomed announcements of additional cost-cutting efforts by Societe Generale and Credit Agricole to boost their bottom line.
In the auto industry, additional cost-cutting always means putting the squeeze on supplier prices and using less expensive materials that still meet minimum quality requirements, according to J.P. Morgan's Bradley.
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