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In 2001 Prokhorov assumed the directorship of Norilsk, where he slashed the workforce and brought in incentive programs to improve conditions at the Soviet-era Siberian refinery.
At Knickerbox, Mr Klesch slashed the workforce while opening new shops "to show the remainder that there is a way forward".
He has prepared the Newcastle-based lender for sale by splitting it into a "good" and "bad" bank and in the process has slashed the workforce from 6,500 to 2,500.
Captain Mohammed Ahmed was appointed CEO in 1980, and slashed the workforce by 10%.
Wasserstein & Co. fired the local management team, slashed the workforce by one-third and cut back on raises and benefits.
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Instead of slashing the workforce, as in previous recessions, many firms have halted recruitment and cut working hours.
It slashes the workforce from 142,000 in 1980 to 52,000 in 1988 1988 – Margaret Thatcher's government privatises British Steel.
He believes companies are becoming more thoughtful about job-cutting, actively restructuring instead of just slashing the workforce across the board.
In 2001 many firms trimmed too little, too late.Of course, slashing the workforce now may not make sense for some start-ups.
And we can expect to see further privatisation and casualisation in the attempt to plug the gaps opened up by slashing the workforce.
The EPA's proposed 2018 budget slashes protections, and slashes the workforce made up of good and honest people working long and difficult hours to uphold them.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com