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Exact(14)
Pitney Bowes said no job cuts were expected.
It said the cuts were expected to generate $250 million to $300 million in annual savings.
Two years ago, the state faced a budget deficit, and health care cuts were expected.
The cuts were expected, but its poor third-quarter earnings were not.
The survey was published as further arts cuts were expected to be announced during the government's spending review on Wednesday.
The cuts were expected to cost $235 million to $260 million this year, but save $100 million a year beginning in 2007, the company said.
Similar(44)
Further cuts are expected.
Substantial cuts are expected.
More cuts are expected this year.
Additional cuts are expected next year.
More cuts are expected Wednesday.
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