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Since then, the organization slashed payroll and traded recognizable faces.
The franchise's finances — with a world of debt, a slashed payroll, ever-shrinking attendance — are imperiled.
Attendance perked up for a few years when Wang spent freely but dwindled after he slashed payroll to offset growing losses.
In recent years, the team slashed payroll and traded away its core, establishing itself as a potential spender this summer under the new owner Mikhail D. Prokhorov.
The only way that would change, Ricciardi said, is if Toronto's ownership "totally slashed" payroll and decided to "go in a totally different direction" with the club.
But the Marlins promptly slashed payroll to $15 million after promising Girardi the cuts would not be so extensive, and their relationship was doomed.
Similar(47)
The recession has slashed payroll-tax revenue, which means that the future, unfunded cost of the programmes has increased.
Employers have slashed payrolls as they scramble to cut costs.
But the growth followed three decades of decline, during which companies like automakers and textile companies slashed payrolls by about 7.5 million.
Like many other state-owned companies, the banks slashed payrolls and restructured to raise profitability and make themselves more attractive to outside investors.
Along with slashed payrolls, rising foreclosures, and plummeting stock prices, 2008 brought another unwelcome development: a surge in bank robberies, which were up more than fifty per cent in New York.
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CEO of Professional Science Editing for Scientists @ prosciediting.com