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But Mr. Capelli has spotted companies cutting fixed labor costs in other, unexpected places.
The strategy, which Alcatel-Lucent, the company, presented to its European workers council, is aimed at cutting fixed costs by 15 percent by the end of 2015, an amount currently equivalent to 1 billion euros, or about $1.4 billion.
Obviously the company can't survive on gross profit of negative.5%, but much of that is simply the lag in cutting fixed costs of production.
A spokesman, Bob Hubbell, noted that while most Wall Street firms were cutting fixed income jobs, Cantor was expanding.
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Morgan Stanley is cutting fixed-income staff, some of whom were hired relatively recently, after years of declining revenue and insufficient returns.
Bob Herbert's warning that changing the rules in this crisis would dim the light of the "city's democratic process" (column, Sept. 20) is only partly true, in that cutting through fixed rules diminishes the value of procedural regularity and predictability.
Fixed-blade knives can be used for protection, cutting line, fixing tackle, and plenty of other uses.One of the best fillet knife is the Rapala Fish 'n Fillet knife.
This meant a lot of donkey work: cutting, cobbling, fixing, on a short deadline.
All that hard work, cutting and fixing metal, bolting and building and spending cash, and the whole thing was cocked up.
The only ones outside for any length of time are the folks cutting grass, fixing awnings, installing cable.
You can use a hacksaw to cut the pipe, but it is difficult to hold it securely without crimping it; it is better to use a tubing cutter, a clamplike tool with two cutting wheels, one fixed and one adjustable.
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