The purpose of REGO is to cut waste and downsize the workforce, and to some extent these goals are being met.
Loving L.A.: The last six years have seen the company downsize its workforce by 75% and close its Chicago headquarters and New York office.
It has also continued to downsize its workforce, which now stands at about 900, down from a peak of roughly 1,400.
Along with downsizing its workforce, HarperCollins has announced that its Collins division will be closing.
In the current stereotype of corporate acquirers, firms like Bain Capital load companies with debt, downsize their workforces, and strip them of assets.
Automation and higher worker productivity, too, have played a major role in downsizing its workforce over the last few decades.
Yet, institutions like Tufts continue to downsize the maintenance workforce, while simultaneously expanding the space in need of cleaning as part of a national, university campus construction boom.
Strategies to cope with fiscal pressures may have a direct effect on nurses if institutions opt to balance their budgets by downsizing their nurse workforce or an indirect effect if institutions downsize services and decrease the number of hospital beds [ 16, 17].
The upsizing of bosses' pay and the downsizing of the workforce made many people angry.
In 1993, Parker Pen was purchased by Gillette, which sold it to Newell Rubbermaid, the owner of Sharpie, PaperMate, and other stationery brands; its production was globalized, and its Janesville workforce downsized.
But layoffs of the magnitude the governor is considering are likely to spur a major counterattack from unions that represent state workers, who have in recent years agreed to concessions that would reduce long-term pension costs but sharply resisted calls by Mr. Cuomo's predecessor, David A. Paterson, to agree to downsizing the state workforce or other cost-saving measures.
