Exact(6)
Rather than investing in workers to cultivate the skills that companies need, many employers now think erroneously, Cappelli persuasively argues that it is cheaper to limit hiring to people who can do a job from day one.
The company said it plans to reduce 2007 capital expenditures by about $500 million, cut discretionary expenses and limit hiring to critical positions.
The tepid fall in jobless claims signals companies may also be looking to limit hiring, raising the expectation that employment data due Friday will show that payroll gains moderated in May.
Mayor Michael R. Bloomberg has promoted himself as a model of fiscal restraint, issuing dire warnings about the slowing economy, recently asking agencies to limit hiring, and even listing "fiscal responsibility" as an interest on his MySpace page.
In response, AMD said it will cut 2007 capital expenditures, reduce discretionary expenses and limit hiring to critical positions.
Rising health care costs and professional shortages limit hiring and decentralise the delivery of care to an ever wider network of loosely-coordinated professionals, organisations and facilities [ 15- 17].
Similar(54)
But job growth has been slow because there has been only limited hiring.
We've limited hiring to try and reduce the number of people affected.
In a bid to pump up the bottom line, AMD also announced on Monday that it will tighten its operating costs by cutting discretionary spending by $500 million and limiting hiring.
Employers are still cautious and weak demand will continue to limit new hiring.
The downturn prompted Intel last week to delay raises for employees and limit new hiring.
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