Sentence examples for retrenchment plan from inspiring English sources

The I.B.M. Corporation said yesterday that it would sell its operations in Endicott, N.Y., to a group of local investors as part of a retrenchment plan.

Through interviews with local tenant leaders and other key players, and analysis of media treatment of the case, we describe the historical, locational and political factors and strategies deployed on both sides of the retrenchment plan.

Unable to restore itself to profitability with a more cautious retrenchment plan begun in 1998, Isuzu Motors, the Japanese truck maker 49percentt owned by General Motors, said on Monday that it would take more drastic steps.

Trying to avoid running out of cash next year, Cablevision Systems, the biggest cable television company in the New York City area, outlined a retrenchment plan yesterday that includes cutting jobs, reducing spending, selling movie theaters and closing electronics stores.

Yet the HR department also had to take on two new responsibilities: managing the companywide retrenchment plan and retraining the company's engineering personnel and sales force to function effectively in the new integrated organization.

In a major retrenchment plan announced in January 2002, Ford said the Edison plant would be shut by the middle of the decade, along with other plants in Ohio, Michigan, Missouri and Ontario, and that 35,000 workers over all would be terminated.

Banks long seen as brick-and-mortar enthusiasts, such as JPMorgan Chase, have announced retrenchment plans.

Following its meeting on Thursday, the ECB previewed what it plans to do: buy the bonds of troubled sovereigns without limit provided they are abiding by the terms of fiscal retrenchment plans worked out with the rest of Europe.

The retrenchment planned by America and Japan, the two big economies running deficits comparable to Britain's, is nowhere near as significant, says Ben Broadbent, an economist at Goldman Sachs, a bank.Mr Osborne has also nailed his radical colours to the mast by relying on spending cuts for three-quarters of the squeeze by 2014-15, leaving relatively little work for tax rises.

CUTS ANNAPOLIS FACULTY.; Admiral Wilson Drops Six Civilians In Retrenchment Program.

Last November, foreseeing intensifying losses, the airline announced a sharp retrenchment, killing plans for 10 new airplanes each year and modestly cutting capacity on existing service.