Sentences with phrase «headcount reductions»

"Headcount reductions" refers to the process of reducing the number of employees or workers in an organization. It means that the company is cutting down on the total number of people employed, usually to reduce costs or streamline operations. Full definition
«As a result of these adjustments, Pfizer will be making select headcount reductions in certain areas of R&D, and reallocating headcount to other growing areas of the organization.
• Year to date cash cost savings are tracking on target as the impact of headcount reductions and productivity gains are gathering pace.
I am an HR Manager in a professional services firm and am currently planning for headcount reductions like so many of my colleagues today.
The bank has launched a drive to become more efficient both at home and overseas, including setting up a back - office centre in the Philippines and targeting headcount reduction of 6,000 by the year starting in April 2023.
Most of the RPE growth leaders made headcount reductions last year and thus saw their sales per headcount increase.
In contrast, the firm predicts headcount reductions in cash equities in Asia, and no activity in cash equities in the US.
Further, harsher measures such as headcount reduction and minimizing the dividend distribution are being taken across the industry.
We conclude that traditional headcount reduction measures do not guarantee a reduction in costs and may lead to more complaints and challenges.
Since 2008, private sector jobs have taken an increasing share of total employment in the North East, North West and Yorkshire and the Humber, with public sector headcount reductions being more than offset by a growth in private sector work.
Net headcount reduction of 2,200 since 30 June 2012 across the Group, after taking into account 1,800 new roles in iron ore to support the expansions.
Without agreement on wage reductions that will mean headcount reduction.
Which operational or cost area has the most potential for cost reduction besides headcount reduction?
A general counsel recently lamented to me: «My legal team has been cut by 10 % as part of the organisation's headcount reduction exercise, I have been told to cut my external legal spend by 20 % and make it more predictable.
With budgets tight and economic recession driving headcount reductions, companies look to work smarter, not harder, to derive the most value from their labor and product offerings.
With HR headcount reductions being common place in today's business environment, background credit check turnaround time along with the ease of use has made a tremendous difference in our time to fill, drop off rate, and position vacancy rates.
A 25 % + headcount reduction and $ 4.5 M in additional savings are projected by 2018.
Improved efficiencies through the implementation of standardized work and a cost control system that was integrated to the MRP system resulting in a 50 % headcount reduction in the department.
Meanwhile, HR itself has been a prime target of headcount reductions; each job in human resources must be justified.
The last hour has seen the political and constitutional reform committee issue a report complaining that the government's ignoring its recommendations about going to war; Labour have put out a line on the strikes, saying they're «usually a sign of failure»; and the Institute for Government is telling us that Whitehall is leading the way in headcount reductions, with an overall reduction of 8.4 % since the comprehensive spending review in October last year.
So the pursuit of headcount reductions may have distracted successive governments from focusing on other costs such as IT contracts, consultants and advertising.
ASYS looks cheap, only quibbles would be that management outlook is appx 13 mm revs this quarter with 20 % margins, so 2.6 mm margin against appx 4 mm expense after 12 % headcount reduction.
This is awful — SOAP management needed Morgan Stanley's advise to initiate a headcount reduction.....
The healthcare companies in this list with an exception for Vertex Pharmaceuticals experienced both revenue growth and headcount reduction, leading to sharp growth in RPE.
Many businesses responded to the crises by reducing head count, and for many, the headcount reductions impacted their legal departments for the first time, leaving those remaining with more responsibility.
Lenovo's statement says that the «ongoing strategic integration between Lenovo and its Motorola smartphone business» is the reason for the headcount reduction.
Served as business lead for strategic project consolidating multiple month end reconciliations and reporting processes, allowing for 20 % headcount reduction
Major accomplishments include financial statement package, employee handbook, headcount reduction, revised commission compensation package, improved efficiencies to keep labor costs down in support center as well as restaurants.
Guy Cecala, chief executive of Inside Mortgage Finance, said a decline of about 15 to 20 percent in overall mortgage originations could equate to a headcount reduction across the industry of about 10 per cent... While rising demand for new mortgages should pick up some of the slack, Mr. Cecala doubts that will offset the refinancing decline.
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