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He has to slash some $400 million in annual costs and seems almost giddy at the prospect.
Try to imagine a victorious Mr. Bush explaining that he has to slash benefits after all, or abandoning his tax cut so that he has enough money to pay for Social Security reform.
Dixons insists it can repay its bond next year, but if it has to slash capital expenditure to do so, the much-vaunted 3%-4% medium-term margin target would be even more threatened.
"The department must now halt the reckless plans it has to slash more jobs and close all but a handful of its UK offices, and the government must give HMRC the resources it needs, or we will just see repeats of these problems for years to come," he said.
Chasing the lowest price from suppliers can directly affect labour conditions: if a supplier has to slash its own overheads to make a profit on manufacturing items for big-name electronics companies, then worker pay, equipment, working hours and living conditions are likely to be sacrificed first.
To make a difference soon, Toyoda has to slash costs.
Similar(51)
He's had to slash costs.
me: Be careful, or a doctor will have to slash your colon open.
The landlord had to slash rents by 20 percent to get rid of the units.
On average, government departments will have to slash their spending by an average of nearly 20 percent.
Most will have to slash spending, or increase taxes, or do both.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com