Exact(5)
Not only did many genuinely disabled people suffer needlessly, but – more important from George Osborne's perspective – the savings failed to materialise.
A "super-committee" charged with finding more savings failed last fall, setting in motion $1.2 trillion in automatic cuts beginning in January 2013 unless the two sides identify alternative savings.
If it were, IBM might have been in and out of India almost as fast as Apple, which closed its Bangalore offshoring centre last year after about three months, apparently because rising labour costs meant that the expected savings failed to materialise.
The anticipated savings failed to appear.
Earlier, Cypriot President Nicos Anastasiades met party leaders and the central bank governor in Nicosia to hammer out a Plan B, after a one-off tax on savings failed to get the support of any MPs.
Similar(55)
Mergers in the industry are tough to put into practice, and many of the expected savings fail to materialize as they are gobbled up by new contracts and pay raises for employees.
If wages and interest on savings fail to keep pace, then affordability will continue to concern those looking to buy a home for the first time.
Susan L. Turley observed, "Not only did the cost savings fail to materialize, outsourcing caused other tangible losses.
In addition to Banca Cívica, four other unlisted Spanish savings banks failed: Diada, Unnim, Espiga and CajaSur, which was bailed out by the Bank of Spain in May.
In addition, though the city anticipated the savings, it failed to budget the required pension payments of $2.4 million and $3.8 million in 2006 and 2007, respectively, as required by the bill.
Appointing people on the basis of nationality rather than ability is never a good idea; in conditions like these, it spelled disaster.Cost savings either failed to materialise or were swallowed by falling prices; despite hacking 16,500 jobs from a workforce of 88,000, Alcatel-Lucent made losses for six consecutive quarters and its share price fell by more than half.
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