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Recently, Wells Fargo has been developing its online and mobile banking operations so that it can trim staffing costs in its branches.
The news organization's need to "trim staffing" may not end with buyouts, however.
"USA TODAY announced Wednesday that it will offer buyout packages to veteran employees to trim staffing, its latest effort to cut costs and invest more in digital products amid a plan by parent company Gannett to spin off the publishing business as a separate company," Roger Yu, a media business reporter for USA Today, wrote in his post about the company's "Early Retirement Opportunity Program".
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Outsourcing has allowed it to trim staff.
With circulation and ad revenue halted, they lose money like a man with a vacuum cleaner in his wallet.In this section The revolution at Le Monde Truth is nicer than fiction Trim staff, fat profits?
This year 73% of employers surveyed by PwC said they offered some type of wellness initiative; of those with more than 5,000 workers, 88% did.In this section The revolution at Le Monde Truth is nicer than fiction Trim staff, fat profits?
Among the main culprits are vested interests, market structure and rigidities in bank ownership.Although bankers in America and Britain have long been able to trim staff and branches through mergers, this has always been harder in continental Europe.
The Nippon Telegraph and Telephone Corporation, Japan's third-largest private employer, plans to cut up to 6,500 jobs using early retirement incentives, extending plans to trim staff through attrition as competition stiffens.
But as studios trim staff and producer deals, many are now hoping to emulate some of the entrepreneurial cowboys — David Geffen, Barry Diller and Michael Eisner come to mind — from the generation of moguls that preceded them.
And on July 14th ConocoPhillips announced that in 2012 it would separate its profitable "upstream" oil exploration and production business from the low-margin "downstream" jobs of refining and marketing.In this section The revolution at Le Monde Truth is nicer than fiction Trim staff, fat profits?
CSIRO to trim staff as it seeks closer alignment with industry.
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