Sentence examples for cost reduction plan from inspiring English sources

The company is undergoing a huge staff reduction, cutting 5,000 of 16,500 jobs, and going through a cost reduction plan.

The company said it had 139 million euros ($186 million) in savings from a new cost reduction plan in the first six months of the year, the main gains in the Americas and Western Europe.

The Japanese bank, which reported a small net profit of 2.8 billion yen, or $35 million, in the three months that ended Sept. 30, has announced a $1 billion cost reduction plan, including proposed layoffs in the firm's North American and European operations.

Ford's CEO laid out a cost reduction plan in late 2017.

Other indications of AMD's long-term cost reduction plan are already clear.

This is the most painful part of an overall cost reduction plan that also includes significant cuts in spending on data hosting, advertising and outside services, primarily contractors.

Sen. Thomas R. Carper (D-Del)., who chairs the Senate panel overseeing postal operations, said this month that he supported cost reduction plans.

The savings are in addition to the $1 billion in cost reductions planned this year by the company, which is based in Stamford, Conn., a spokeswoman, Christa Carone, said.

Further, its cost reduction program is on plan, achieving savings of CA$150 million in the past year and expecting for another CA$150 million in fiscal 2018 and the balance of the announced cost reduction of CA$350 in fiscal 2019.

The company said its cost-reduction plan necessitated the resignations.

The Credit Suisse Group said its cost-reduction plan, which includes laying off more than 2,400 jobs in investment banking, should save $650 million next year.