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It needs to cut its library budget by around £1.5m, from its current level of £2.6m, by 2020.
It needs to cut its spending to what is absolutely necessary.
Given its population, wealth and limited historical responsibility, China could argue that it has the right to increase its emissions by about 40% by 2025, but if the world is to hold to a 1.5C target it needs to cut its emissions on today's levels by 25%to45%5%.
If it cannot make new drug candidates, it needs to cut its costs and buy some.
Now, it says, it needs to cut labor costs, its biggest expense.
Verizon has repeatedly stressed that it needs to cut costs in its landline business because that division's customer base and profit margins have fallen over the last decade.
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Ever since Hostess filed for bankruptcy last January, it has insisted that its labor costs were unsustainable and that it needed to cut its wage, health and pension costs to continue operating.
The depressing coda to this lopsided transaction came when Cleveland's management offered fans what is now the usual explanation: It needed to cut its payroll.
The company said it needed to cut its costs, because recent box office struggles, and a budget that has grown to more than $300 million a year, had left it overly reliant on the kindness of donors.
Newcastle City Council said it needed to cut its budget for the centres and concentrate them in the most deprived parts of the city.
With some factories down to one shift a day, GM said it needed to cut its capacity to make traditional passenger cars, while keeping lower-cost production in Mexico.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com