The layoffs are the latest reductions in an industry hampered by weak earnings, regulatory uncertainty and a global economic malaise.
Decades of sanctions, distrust of foreigners, attrition suffered during the Iraq war and an indigenous industry hampered by corruption and lack of access to technology have all taken their toll.Iran's air force is antiquated, consisting mainly of American aircraft bought by the Shah.
Both aspire to do more: to become "research-based" (Ranbaxy), "discovery-led" (Dr Reddy's) originators as well as cheap and clever copycats.This would be a remarkable turn-around for an industry hampered by a history of protection, price control and licensed piracy.
That may be unfair: though air-conditioning certainly stokes demand, political meddling in the power industry hampers its ability to keep the current flowing.Thankfully for lovers of coolth, air conditioning is becoming more efficient.
But the inconvenient truth is that less drastic remedies are apt to be less effective and might involve government or court officials taking a permanent oversight role in the American software industry, hampering its evolution.
The advent of ever more complex systems in extensive areas of industries hampers efficient and accurate analysis of reliability and effective reliability-based decision making.
During the oil-price boom of 2008 they did not even cover the cost of the fuel burned in Indonesia's power stations.Export industries are hampered by a lack of ports.
Sure enough, today's Times has a fascinating story about a resurgent industry being hampered by lack of skilled workers, offering sharply higher wages, and investing in training.
Mr. Largey wrote in an e-mail on Wednesday that he saw "a modest uplift in earnings for 2013" for ArcelorMittal, but that the steel industry remained hampered by "overcapacity and lackluster real demand, particularly in Europe".
I shouldn't be surprised; this is Venezuela and during the six years I lived in the country, I learnt the hard way that though it has some of the best spots in South America, its tourist industry is hampered by poor service.
