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But they attributed the cuts largely to tumbling demand.
In Britain, in contrast, tumbling demand has been matched by a strange decline in workers' productivity.
Now, the government is backing a no-layoff policy at Avtovaz, in spite of tumbling demand for its products.
Tumbling demand for commodities and a drop in the euro put financial markets on edge on Wednesday, pulling the Dow Jones industrial average down 1 percent.
Like aluminium, copper has fallen in price because of oversupply as well as tumbling demand in China, its biggest consumer market.
And much of the fall in asset prices during the Great Recession a decline which necessitated significant deleveraging was a result of tumbling demand rather than the primary cause of it.
Similar(52)
In fact, as oil prices have tumbled, demand for energy efficiency and renewable energy only keeps growing.
Record-setting mountains of excess coal have accumulated at the country's biggest storage areas because power plants are burning less coal in the face of tumbling electricity demand.
Technology shares continue to tumble as demand wanes for Internet routing equipment, cellular telephones and fiber optic cable.
Germany's currency strengthened to a six-week high against the dollar as United States stocks tumbled, hurting demand for the American currency.
Against the backdrop of a rough-and-tumble, demanding campaign, even Kevin M. Acebo, the couple's boss at the California Democratic Party, took notice of the developing relationship.
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