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Most of the gain came from reducing employee compensation and other expenses.
The company said it planned to improve earnings by cutting jobs and reducing employee benefits.
In his judgment, Justice Bromberg said Toyota proposed in November to vary the agreement by reducing employee entitlements, including wages.
It could not find a suitable taker and decided to keep the paper after cost-cutting and union concessions that included reducing employee wages and benefits.
Ms. Tumulty expressed skepticism that LSSI could save Passaic money without either reducing employee compensation, shortening library's hours or reducing materials.
Coalitions are forming in many states to educate policy makers about innovative approaches that, by reducing employee turnover, could hold down costs and offer higher quality care.
Similar(30)
Even if workers have managed to avoid being laid off, many employers have cut back in other ways, reducing employees' hours, imposing furloughs and even sometimes trimming salaries.
He also called for reducing employees' pension contributions, having a cost-of-living adjustment for pension benefits and having a 401(k) retirement plan with an employer match.
Uralkali's departure resulted in the Belarusian firm's shutting down two of its four potash mines and reducing employees' working hours by one-third.
Cash-balance pensions captured the spotlight in 1999 after employees at I.B.M. discovered that a conversion by that company was reducing employees' benefits by tens of thousands of dollars in some cases.
With the nation's labor markets remaining tight, many companies are reacting to the slowdown by reducing employees' hours, rather than laying off workers who might be difficult to rehire later, economists say.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com