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The council is also in the process of slashing the amount of money it spends on its own administration from 11% of its total budget to 3.5%.
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Bank of America is in the process of slashing 30,000 jobs companywide.
Watson had to stretch so far to reach a wide half-volley that he fell over in the process of slashing it to deep backward point, where Duminy took a fine leaping catch.
Ford and General Motors are in the process of slashing their workforces in half.
So here we are, after both sides cried "uncle" on this effort, with automatic spending cuts ready to go into effect that will begin the process of slashing $1.2 trillion dollars from the budget -- cuts that neither side wants.
More immediately, Mr. Schwarzenegger met with legislative leaders to begin the painful process of slashing state spending after voters rejected five ballot measures intended to balance the budget through a mix of tax increases, borrowing and the reallocation of state money.
Antibiotics, though, take a slash-and-burn approach, killing good bacteria in the process of destroying the bad.
The company laid off its employees, announced a reorganization and in the process slashed the value of the shares to zero.
After slashing hours and making other cutbacks, the company began the process of laying off workers several at a time in October.
Inevitably, something did — and a result was to force much of the advanced world into a harsh process of deleveraging, of slashing spending to pay down debts.
The financial crisis slashed the value of their equity investments.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com