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Johnson & Johnson, based in New Brunswick, has been trimming back, too.
To get ready for a public offering, Mr. Khosrowshahi has been trimming Uber's money-losing businesses.
Over the last two years, AT&T has been trimming excess space as leases expire, and introducing a telecommuting policy.
The company has been trimming jobs since Dec. 31 , 2004 when it employed about 3,600 people.
Arthur F. Ryan, Prudential's chief executive, has been trimming and reshaping since he was recruited from Chase Manhattan six years ago.
Mr. Mengel has been trimming positions in mining companies and putting the proceeds to work in sectors that feature "more stable earnings, less volatility and less economic sensitivity".
Similar(33)
Staff has been trimmed.
This transcript has been trimmed for space and lightly edited.
And the paperwork has been trimmed, he insists.
Already, it has been trimmed by 20 percent, Mr. Rath said.
America's growth forecast for 2003 has been trimmed again.
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