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Over the past 20 years, however, productivity growth has been driven less by innovation than by laying people off, outsourcing, reducing terms and conditions, paying less tax.
"It was passed yesterday to find £4m of savings by reducing terms and conditions of staff.
Use of the Quadratic Equation on Eq. (6), reducing terms, and some minor substitutions we arrive at Eq. (7).
Similar(55)
Adams said: "I proposed that we reduce terms and conditions for redundancy for high earners back in 2011.
The workers' employer, Southampton City Council, is attempting to impose substantially reduced terms and conditions on 11 July.
Whether foreign or Emirati, borrowers must repay the debt after leaving jail, though banks often accept reduced terms.
"The objectives of supervised release," he said, "would be unfulfilled if excess prison time were to offset and reduce terms of supervised release".
In 2005, Newcastle College lecturers went on strike after what UCU describes as a "large-scale dismissal and re-engagement exercise to reduce terms and conditions of service".
Lampard is expected to sign a one-year deal on reduced terms and may work towards taking a role among the coaching staff at Cobham.
Lyons says he is not the convinced that the BBC would have saved money by making Byford redundant on reduced terms.
Modifying the benefits of the scheme was a more attractive option than it entering the PPF, he added, where workers would have to accept reduced terms.
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