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And the automatic cuts, which do not touch entitlement spending or the tax benefits enjoyed by the wealthy, forces reductions in programs like Head Start for low-income kids, the nutritional program for women, infants and children or the meals on wheels initiatives for lower-income senior citizens.
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The balance of the work force reductions will come next year.
Unfortunately, more services for some groups may increase costs and force reductions in coverage for others.
Siemens expects the work force reductions to save it 1.2 billion euros ($1.9 billion) by 2010.
Mr. Schacht said he did not foresee further work force reductions.
The company had expected to save $700 million this year as a result of work force reductions.
In Climate Mao, noncapitalist powers unleash a "just terror" to force reductions in global climate emissions.
Longer term, new regulations will probably restrain profitability further, necessitating even more work force reductions.
Together, those force reductions would save $6 billion in 2015 and 2016.
B1 M.T.A. Plans Select Cuts The Metropolitan Transportation Authority plans to spare its headquarters staff from the work force reductions, budget documents show.
The report argues these limits should be strengthened, forcing reductions on the big emitters in line with Australia's targets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com