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Many of the NXP workers are in Europe, where labor laws make it difficult to trim headcount.
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True, it has trimmed its headcount sharply and unbundled its assets.
Having trimmed its headcount sharply and upgraded its risk-management systems to cope with a boom in mortgage lending, OTP has built up strength at home.
Mr Fourtou is also busy moving Vivendi's headquarters out of the swanky Park Avenue offices acquired by Mr Messier, trimming the headcount there, and returning head-office activities to Paris.So perhaps it should come as no surprise that there are the rumblings of a range of alternative endings being hatched for VUE.
If anything, the former is a hair more interesting since the Motorola division has been posting loss after loss for the past few quarters, as well as dramatically trimming its headcount in a bid to cut costs.
The bloodletting, which will trim Nissan Motor 's headcount to 215,000, from 235,000, will help the company reduce labor costs in high-cost countries by 20%, to 700 billion yen ($7.7 billion), from 875 billion yen ($9.6 billion), in fiscal 2009.
Some 44% of the firms had increased the headcount at HQ, whereas only 28% trimmed.
The Chinese company confirmed in an announcement that the cuts will reduce overall headcount by five percent (or ten percent of its non-manufacturing staff) in a move that should trim its wage bill by an estimated $1.35 billion per year.
They said that by not filling vacancies they had cut the headcount of the mayor's office to 412 from 627, a 34percentt cut, and that they had trimmed the budget by $7.8 million over a period of 18 months, for a 20percentt cut.
He cuts headcount by 10%.
Its headcount is shrinking, not expanding.
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