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The cuts, announced yesterday, are part of a restructuring aimed at boosting sales, reducing costs and taking the company more upmarket.
The rationale here is that it can take up to 23 years for pharmaceutical companies to see a profit on billion-dollar investments in new antibiotics; by guaranteeing payments for drugs that meet pre-specified criteria, return on investment would be realised sooner, and the company would not have to push for large volumes of sales – reducing the chances of early development of resistance.
More consumer spending will increase companies' sales, reducing any need for workforce cuts and encouraging growth.
Nowhere in there is anything about attracting leads, converting sales, reducing churn or anything remotely close to getting a company acquired.
Similar(50)
Those two share sales reduced the taxpayer stake in Lloyds from 43%.
The dumping had cost SPC Ardmona sales, reduced its profits and cost employees their jobs, the anti-dumping commission said.
By contrast, the ability of NSW to raise revenue through property sales reduced its share by just $99 per person.
For an insurgent like Dollar Shave Club, online sales reduce the impact of Gillette's big lead in drugstore shelf space, and cloud-computing services reduce the required upfront technology investment.
Game said it thought margins would be higher in the second half than a year earlier as sales of games for new consoles increase and the impact of falling old format sales reduces.
In particular, the group has achieved increased volumes and positive like-for-like sales, reduced costs, increased cash flow, and completed significant disposals and business restructuring to strengthen the balance sheet".
Further, the DFA reveals that increased sales, reduced time and cost of production, better control over emissions and waste, and improved quality and flexibility discriminate good innovators from the poor ones.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com