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Slashing costs has become vital.
Chrysler is slashing costs, and may cancel a $1.5 billion investment in Canada.
In the year to the first quarter Japanese firms boosted profits by 12%, by slashing costs.
The company also hopes to save $400 million by slashing costs.
Most of Bristol's competitors have been focused on diversifying their product lines and slashing costs.
In the case of E.D.S., H.P. initially found success by slashing costs and improving margins.
To achieve those goals, Mr. Nardelli will almost inevitably turn to slashing costs, particularly labor costs.
But Gannett has been slashing costs aggressively, including cutting thousands of jobs.
And even a diversified company like G.E. cannot withstand a prolonged economic downturn without slashing costs.
So some private equity firms fell back on a time-tested moneymaking strategy: slashing costs.
The idea was to offer lower prices than conventional department stores by slashing costs.
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CEO of Professional Science Editing for Scientists @ prosciediting.com