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The announcement was the latest cost-cutting measure by the company, which has laid off employees and cut contract workers in response to the global economic turmoil that has hurt demand for its products.
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One, you cut contracts for service, you begin to look at all of them.
★ CANCER 21 Jun-22 Jul If you have deals to cut, contracts to sign or negotiations to conclude, Mercury makes this week an optimum time.
To meet what he said was a county budget deficit, Mr. Gaffney has ordered county departments to find ways to cut contracts with outside agencies by 10percentt.
As 85% of student loans are guaranteed by the national government the USSA is putting pressure on the department to "cut contracts with the worse corporations", says Mr Aspray.
"What we've been experiencing over the last one-and-a-half to two years, frankly, has been extraordinarily destabilizing," said Sean Stackley, a Navy assistant secretary, noting that the uncertainty was unraveling efforts to cut contracting costs.
Kemp said, "I had a four-year no-cut contract with the Bills at the time..
A clear-cut contract will help protect you in case the job isn't performed as specified.
Executives said there were some obvious places where they could cut, like contracts with contributors.
The big SOEs say quietly that they have not received any written notice to cut off contracts.
The company said it would cut outsourcing contracts with outside contractors that could result in the loss of another 2,500 jobs.
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