cost-reduction

Bank of America's chief executive, Brian Moynihan, announced a $5 billion cost-reduction plan that includes 30,000 job cuts as he fights to steady the lender and jump-start profits.

What's News: Business & Finance 2011

We need fundamental reform oriented around quality, cost-reduction and an aggressive attempt to reduce chronic disease.

Dave Regan: Health Care Workers File Bold Voter Initiatives to Rein in Health Care Costs in California Dave Regan 2011

While the firm wouldn't comment on individual layoffs, it said it was in the process of executing its cost-reduction plan as quickly as possibly.

Nomura Lays Off 6-7 Staffers in India Bijou George of Dow Jones Newswires 2011

To help deal with the challenging environment, Posco said, it raised its 2011 cost-reduction target by 40% to 1.4 trillion won $1.2 billion, and planned to cut total spending by 18% to 6 trillion won.

Posco Net Plunges 78% Kyong-Ae Choi 2011

The investment-banking unit, which is responsible for the lion's share of the group's earnings, is already implementing a cost-reduction project known as Integra.

Deutsche Bank Warns on Jobs Eyk Henning 2011

Mr. Frérot said as well as the disposals, Veolia will intensify its cost-reduction program by better standardizing work processes across the group.

Veolia Plans Asset Sales to Pare Debt Geraldine Amiel 2011

Adjusting for the write-downs, Swedbank's fourth-quarter result was roughly in-line with market expectations, with solid interest income but disappointing fee income, said analyst Mads Thinggaard at Nykredit Markets, adding that investors would welcome the bank's new cost-reduction target.

Swedbank to Cut Costs as Profit Dips Gustav Sandstrom 2012

"ANZ said that due to the difficult environment particularly relating to funding costs and revenue generation, they'll need to go through an aggressive cost-reduction process," FSU National Secretary Leon Carter said.

ANZ to Cut Hundreds of Jobs Gillian Tan 2012

Adjusting for the write-downs, Swedbank's fourth-quarter result was roughly in-line with market expectations, with solid interest income but disappointing fee income, said analyst Mads Thinggaard at Nykredit Markets, adding that investors would welcome the bank's new cost-reduction target.

Financial Briefing Book: Feb. 15 2012

While any cost-reduction goals are noble, entrusting unprecedented power to a small, unelected and unaccountable group has large risks.

David Mixner: Reasoning, Not Rhetoric, Key to Charting a New Path Forward for HIV/AIDS Treatment David Mixner 2011