Sentences with phrase «of years of cuts»

Uncompetitive salary levels as a result of years of cuts, caps and freezes.

Not exact matches

Meanwhile, it was a stomach - churning roller coaster ride for stock holders who watched their investment cut in half from the start of the year to the summer, before rebounding in the fall.

Novak wouldn't rule out some easing of the production cuts this year, but said it would depend entirely on the situation in the market.

Boeing — Boeing shares may benefit after rival Airbus cut output of its A330 passenger jet and reported a drop in profits compared to a year earlier.

The Congressional Budget Office has estimated that the combination of tax increases and spending cuts could trim economic growth this year by about 1.5 percentage points.

Combine that with a sparkling balance sheet and its history of never cutting its dividend — the yield is now 2.5 % — and its beaten - down share price (down by a third over the past two years) looks like an opportunity to pick up a high - quality bargain.

The tax cut plan approved last year will have a disproportionate impact on Verizon because almost all of the company's revenue comes from inside the United States.

Don't cut corners, but look for one new way to cut your costs at the beginning of the year.

While Republican leaders argued it would, every major independent analysis of the bill, known as the Tax Cuts and Jobs Act, showed that it would grow the federal debt over the next 10 years even when accounting for that increased growth.

Pay television lost a record number of subscribers in last year's fourth quarter as more and more companies have opted to cut the cord.

Flannery said GE is «keenly aware of the pain» caused by its poor performance and dividend cut last year.

Verizon Communications, among the biggest beneficiaries of the corporate tax cut this year, said it would double its commitment to fostering science, technology, and engineering education (STEM) in schools that lack such resources.

Last year, Greenblatt's network was one of several major companies to officially cut ties with Trump in the wake of the offensive remarks Trump made as he first announced his candidacy, when he called Mexican immigrants «rapists.»

St. Louis - based Anheuser - Busch, the largest U.S. brewer, said earlier this month it had cut its water use by 32 per cent in the last five years by sponsoring preservation initiatives in water basins critical to its breweries, and by installing U.S. Department of Agriculture real - time weather and crop water - use data meters on suppliers» farms.

According to Congress's Joint Committee on Taxation, the Tax Cuts act, signed in December, will decrease expected revenues by a total of $ 1 trillion over the next 10 years, an average of $ 100 billion annually, even after any boost to growth and incomes from lower taxes.

Before the Trump tax cuts, these banks paid between 28 to 31 percent of their income each year in corporate taxes.

As for «peak earnings,» Michael Wilson, chief U.S. equity strategist and CIO of Morgan Stanley Wealth Management, said in a note to clients on Sunday that» [W] e think the market is digesting the fact that the tax cut last year has created a lower quality increase in US earnings growth that almost guarantees a peak rate of change by 3Q.»

Shell Oil took that approach, and according to Hugh Mitchell, their Chief Human Resources Officer, their reliance on a range of internal and external services helped cut their HR budget by 40 percent in four years.

Future spending cuts will include additional pension cuts and tax increases for Greeks, already hit by seven years of harsh cuts.

Starting in January of last year and due to continue throughout 2018, OPEC and 10 other producers agreed to production cuts to overcome a glut and push up prices.

The Bank of Canada said nothing in public about the possible merits of deficit spending as it twice cut its benchmark interest rate last year to offset the collapse of oil prices.

The odds of another interest - rate cut this year are lower today than they were at the start of the week.

Twenty years ago, Canadian goods accounted for 2 % of Asian imports, but by 2013 Canada's share had been cut in half, even with its surge in natural resources exports to Asia.

Nestle posted a gain of $ 850 million from U.S. corporate tax cuts, and projects to save $ 300 million a year in taxes.

In 2015, on the one - year anniversary of its report, Bragg delivered a harsh message to fans of big government: The province needs to cut its civil service, he said in a keynote address, and use the savings to dig Nova Scotia out of debt.

Potash Corp. of Saskatchewan (TSX: POT) cut about 18 per cent of its workforce late last year in response to the soft demand.

MONTREAL — Valeant Pharmaceuticals faces years of legal challenges despite cutting ties with a U.S. mail - order pharmacy at the centre of a controversy about how Canada's largest publicly traded drug firm conducts its business, say industry observers and the company's second - largest shareholder.

Two former Fancy employees estimate that one - third of the company was cut that day, scaling a team of 45 US employees last year down to about 15 or 20 now.

What's more, the bank sent a fair amount of its employees packing last year, cutting 6,671 positions in 2015.

Yet nine years down the road, the Dow and S&P 500 are setting new highs partly in anticipation of tax cuts, but also thanks to developments in technology.

Earlier this year, for example, it launched a program in which more than 420 of its most active and influential community members sell products to their friends and followers; in turn, they receive a cut of the profits, as well as rewards that include sneak previews of products and trips to New York to visit Glossier and have dinner with Weiss.

Danone announced a cost - cutting plan of 1 billion euros ($ 1.1 billion) over the next three years, due to changes in Europe and a tough environment in China.

Global stocks have rallied on promises of large investments in infrastructure and tax cuts in the U.S., but markets are now set for a sharp correction in the second part of this year.

Dube began to see that cutting just $ 1 or $ 2 from the price of each item could increase the company's overall margins significantly, because it purchases thousands of items from vendors every year.

And some of those decades - old products are cutting edge compared with drywall, which has been made roughly the same way for 115 years.

Kenney spent most of last year driving cutting - edge brand marketing campaigns for Brooklyn, New York - based über - brand MakerBot, including the wildly successful #Robohand video that documented how MakerBot users developed prosthetic hands for disabled children.

«Each year we cut about 10 percent [of brands carried] and refresh our assortment with about the same amount,» a Nordstrom representative told Business Insider.

The Journal also says that cutting the pass - through rate to 15 percent would add more than $ 1 trillion to the 10 - year cost of any tax plan.

It opened full - time in December of last year — a floor - through, gut - renovated homage to millennial pink: pink - and - white packaged products arranged on pink lacquered displays, pale - pink - subway - tiled walls, staff dressed in pink mechanics» jumpsuits, fresh - cut pink and white flowers and flattering lighting.

The Bush tax cuts were due to expire at the end of 2010, but Obama and Congress agreed to extend them for two years to prevent damage to the economy.

At a dinner table over the holidays, I sat next to a New York - based investment manager who told me that the CEOs who have come to visit him over the last couple of years told him that their recent layoffs were just «cutting out the dead wood» that they'd been reluctant to cut earlier.

Walmart has its work cut out for itself: the number of unique visitors to its mobile app rose 20 % year over year in October, but Amazon's rose 64 % to 49 million during that period.

The tax, announced in March 2016, has already cut sugar content in drinks by 45 million kg per year, Britain's Treasury said, as over 50 percent of manufacturers have reformulated their products to be below the levy's sugar threshold.

With the exception of the first two, his words do not appear to cut cruel; indeed, one has a sense these are well - used lines he might employ in his other career: as a successful, in - demand motivational speaker, giving at least 30 speeches every year, here in Canada and around the world.

Hershey (HSY) cut its full - year revenue forecast again earlier this summer, and also announced a round of layoffs, as sales continue to shrink in the increasingly health - conscious U.S. and the company's efforts to boost sales in China have faltered amid that country's sluggish economic growth.

Indianapolis - based pharma giant Eli Lilly is slashing 485 jobs, with most of the cuts coming from the Alzheimer's unit that saw high - profile (and expensive) clinical flop last year.

But the first lesson of business school is to tap into your natural network, and veterans, who have often spent years overseas cut off from regular society, often don't have the contacts they need to make the transition into civilian business.

Cut in compensation of about 10 % came in a year when the bank's profit nearly halved due to higher legal costs and a slump in bond trading.

Above all, the analysts were interested in the future of the Roll Up the Rim customer loyalty program, which cut into sales this year after odds for prize payouts were increased to 1 in 6 to celebrate the promotion's 25th anniversary.

This spring, he spent two weeks running the numbers and battling insomnia before making a dramatic announcement to his 120 - member staff on April 13, inviting NBC News and The New York Times to cover it: Over the next three years, he will phase in a minimum wage of $ 70,000 at Gravity and immediately cut his own salary from $ 1.1 million to $ 70,000 to help fund it.