Sentences with phrase «billions by cutting the costs»

The New York Health Act would save the state billions by cutting the costs of its employees» health care.

Not exact matches

It said the planned restructuring measures involve job cuts and closing or integrating manufacturing bases, and would lower annual costs by 50 billion yen from the year ending March 2020.

The same experts found that widespread vegetarianism could cut environmental costs by $ 35 billion, as meat's role in exacerbating climate change, as well as its contribution to soil erosion, water pollution, deforestation, and biodiversity loss, is well documented.

Since 2006, it has reduced annual costs by approximately $ 15 billion, cut its workforce by 193,000 or 28 per cent, and consolidated more than 200 mail processing locations.

Last month it announced plans to cut costs by $ 3 billion in 2017.

April 19 - Chipmaker Qualcomm Inc is cutting 1,500 jobs across multiple divisions at its offices in California, as part of its promise to investors to cut annual costs by $ 1 billion.

April 18 - Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut annual costs by $ 1 billion, the chipmaker said on Wednesday.

April 18 - Chipmaker Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut costs by $ 1 billion, Bloomberg reported on Wednesday, citing people familiar with the matter.

Now there are signs that the company is emerging from its funk with a shift driven by a $ 10 billion cost - cutting plan and a promise to create, in McDonald's words, a «culture of productivity.»

According to the Deloitte Center for Health Solutions, efficiency improvements of the kind that Tonic is offering should be able to cut $ 305 billion in health care costs by 2021.

Carlsberg is aiming to cut the best part of 2 billion kroner of costs by the end of this year to defend against an enlarged and more profitable rival following the combination of AB InBev and SABMiller Plc..

She pledged to restore marketing spending on soda and chips, buy back stock, and cut costs by $ 3 billion over three years.

President Trump has, likewise, repeatedly threatened to cut off the cost - sharing subsidies to insurance companies — which alone would send premiums up 20 %, according to an August CBO report, and increase the deficit by $ 194 billion over 10 years.

If Congress had not enacted the 2001 and 2003 tax cuts, 10 million taxpayers would owe the AMT in 2007, according to estimates by the Urban Institute - Brookings Institution Tax Policy Center; reducing the number of affected taxpayers to several million, as the House - passed AMT «patch» bill would do, would have cost less than $ 15 billion.

Protecting major transfers to persons, spending on health and education and other spending such as that for Aboriginal programs, research and development, and assuming you won't revisit defense and international assistance, then to find an additional $ 8 to $ 11 billion by 2015 - 16 would require major cuts in labor market programs, spending on the homeless, infrastructure programs, and last, but certainly not least, government personnel costs.

Danone's «Project Protein» savings program, unveiled earlier this year, aims to cut costs by 1 billion euros over the next three years.

According to reports made by several companies, blockchain technologies could cut banks» infrastructural costs by up to $ 20 billion a year by 2022; many companies are rushing into the technology to be able to cut these costs.

And there is good reason for the growing attention: according to Santander's estimates, the technology could cut banks» infrastructure costs by up to $ 20 billion each year by 2022.

It upped its five - year cost - cutting goal to $ 25.5 billion, from the $ 14 billion projected by CEO Jim Hackett in October.

The proposal would reduce spending by $ 1.3 - billion in the next fiscal year and pursue cost - cutting through 2017 - 2018.

Indeed, Mr. Wagoner of G.M. said that the company was forced to spend $ 1 billion more than it expected on rebates and other discounts during 1997, a figure it has been scrambling to offset by cutting costs elsewhere in the company.

The fiscal outlook today is a lot better than that in 2007 - 2008 after the Harper government cut the GST by two points at the cost of $ 14 billion annually.

Woolworths» plan to cut the price of private label grocery brands to better compete with Aldi and Coles may cost the retailer as much as $ 1 billion, reducing earnings from food and liquor by almost a third, according to brokers.

Whitehall costs would be cut by a third and # 3 billion saved in efficiency savings, he claimed.

The automatic federal spending cuts supposedly triggered by the supercommittee's failure will cost NY $ 5 billion over the next 10 years, Cuomo said.

It would also reduce annual hospital admissions by 22,000, and cut NHS costs by # 1.3 billion over 20 years.

It is hoped that the new simple benefit system will cut costs by billions more pounds.

Deputy Mayor Stephen Goldsmith blamed the cuts squarely on skyrocketing pension costs, which have forced the city to up the pension allocation by a billion dollars to $ 8.3 billion in 2012.

The MTA is trying to beat Albany to the cost - cutting punch by, among other things, cutting another $ 2 billion from its capital plan.

ENDS Notes to Editors UK Alcohol duty context For a short video summary of the issues around alcohol pricing, please visit: https://vimeo.com/191959217 Following heavy lobbying from the alcohol industry, the last four Budgets have seen real terms cuts in alcohol duty Alcohol is 60 % more affordable than it was in 1980 — the alcohol duty escalator, introduced in 2008, which ensured that duty rose above inflation, helped mitigate this trend, but this progress has reversed since the duty escalator was scrapped in 2013 In real terms, spirits duty has halved, and wine duty fallen by a quarter since 1978 - 9 The Government estimates suggest that the duty cuts since 2013 will cost the Exchequer # 2.9 billion over four years The University of Sheffield estimated that an additional 6,500 people would be hospitalised each year as a result of the alcohol duty cuts in 2015 The report The report was peer reviewed by academic experts the fields of economics, public health and public policy prior to publication.

According to our figures (and I keep asking you to use the figures set out in the Liberal Democrat and Labour document not the figures given by the IFS who state they got their figures from these documents but actually give different figures) to reverse the cuts to Universal Credit cost # 3.665 billion and as I pointed out above these are the reductions in the amounts a person can keep before they start to lose their benefit, which were set much higher than the old benefits, but the withdrawal rate seemed to be higher with Universal Credit (65 % [reduced to 62 %] than with Tax Credit (41 % on gross income).

Plans by the railway ministry to double the volume of coal carried on dedicated railroads to 2.4 billion metric tons by 2015 will cut production costs, as will an ongoing mine consolidation.

For example, Dow Chemical Co. has saved approximately $ 4 billion in energy costs between 1994 and 2005 by cutting greenhouse gas emissions 32 percent and its chemical industry competitor DuPont saved $ 3 billion between 1990 and 2005 while cutting such emissions 60 percent.

The world's most damaging coffee disease, leaf rust has torn through Latin America, costing farmers an estimated $ 1 billion and cutting some harvests by more than half in Central America.

The Trump budget's $ 5.8 billion cut to NIH in 2018 could be offset partly by lowering indirect cost rates.

«Increased air pollution cuts victims» lifespan by a decade, costing billions: But different calculations mean estimated cost is 3 times lower in EU than with US methodology.»

The National Audit Office has found, however, that schools are facing budget cuts of # 3 billion by 2020 because funding was not keeping pace with an increased number of pupils and rising costs of national insurance and pension contributions.

One of his money - saving ideas is to cut $ 2 billion in state spending by shifting teacher pension costs to school districts.

Just last year, however, our progress was threatened by a deficit in excess of $ 1.1 billion that peaked as a result of both soaring pension costs and a simultaneous reduction in funding, and we were forced to spend much of the year considering cuts that would have unquestionably devastated our school system.

GM said it will also lower its breakeven volume point to 10 million vehicles by reducing its plants from 47 in 2008 to 34 by the end of 2010, cut an additional 7000 to 8000 North American employees in addition to the cuts dictated in the February viability plan, and reduce labor costs from $ 7.6 billion in 2008 to $ 5 billion in 2010.

The company has ambitious targets in its 2020 Vision, including volume growth of 3 % -4 % per year, approximately 5 % annual revenue gains, earnings that grow slightly faster than that, and $ 3 Billion in annualized cost - cutting savings by 2019.

The bank said in November it would cut expenses by about 2 billion crowns from 2012 - 14, axing 2,000 jobs in the process, after quarterly profit was wiped out by a drop in trading income, becoming the latest Nordic lender to combat slowing revenue growth and higher funding costs.

Sony has announced plans to cut its costs by around # 2 billion by March 2010, following estimations that it is set to lose around # 1.22 billion for the financial year ending March 2009.

Their critics say their stance, however well intentioned, will produce the real delays, given how much can be done now simply by cutting energy waste with tools already on the shelf — ranging from strengthening efficiency standards to eliminating billions of dollars in persistent fossil - fuel subsidies that continue to make coal and oil much cheaper than they really are when all their hidden costs are revealed.

Even a slower release, dampened by other cuts in emissions, could cost $ 37 trillion — a figure that dwarfs the $ 100 billion that Lloyds of London estimates will be invested in the Arctic over the next decade.

The State of Washington has found that if we cut our pollution by 80 % by 2050, Washington households will save $ 7 billion a year in energy costs.

The plan, to cut emissions by 30 per cent on 1990 levels by 2020, would cost the EU an extra # 33 billion a year by 2020, according to a draft of the Commission's communication leaked to The Times.

Conservatively it looks like his Climate Act of 2008, with its targets for carbon emission cuts, will cost us # 300 billion by 2030 in subsidies to renewable energy, in the cost of connecting wind farms to the grid, in VAT, in costs of insulation and new domestic appliances, and in the effect of all this on prices of goods in the shops.

The new EPA requirements to cut coal emissions by a mere 30 % is estimated to cost $ 50 billion per year.

Any policy to cut emissions will impose a cost, so the Government's 26 - 28 % by 2030 target will be a «hit» to real GDP that will account for a large chunk of the $ 600 billion.