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cost cutting

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Lutz on the Payoffs of GM's Re-Engineering
Lutz on the Payoffs of GM's Re-EngineeringCost cutting is fine, but there must be more!The US automaker's efforts seem to be a day late and a dollar short. I am not sure at all that they can turn around their companies and become truely competitive in the US, nor...
Tags: Organizational structure, Cost Cutting, General Motors Corp., re-engineering
Discussion threads 2008-04-16

Additional Resources

GM cutting back on NASCAR spending
Troubled General Motors has notified two racetracks that run NASCAR events that their current contracts will not be renewed as part of an overall $10 billion cost-cutting program. That seems to be just the first step in what could be a huge drop in support by GM,...
Articles 2008-07-17
American and Delta airlines lose $2.5bn in quarter on oil price rise
Two of the largest airlines in the US lost a combined $2.5bn (1.25bn) in the second quarter, as rising jet fuel prices and restructuring costs hobbled their operations. American Airlines and Delta said they would ground additional planes and cut even more flights in their attempt to...
Articles 2008-07-17
HBOS and Wolseley signal further cuts
There was further gloomy news from the building and financial sectors yesterday as Wolseley signalled further cost cuts in the UK, and HBOS announced job reductions. Wolseley, the building materials group, slashed some 6,000 jobs worldwide in the last financial year, and said it was keeping costs...
Articles 2008-07-17
Diatect Appoints Patrick Carr As Chief Executive Officer
HEBER CITY, Utah -- Diatect International Corporation (OTCBB:DTCT), a provider of eco-friendly insect control products, today announced that Patrick Carr, a sales and marketing veteran executive was appointed Chief Executive Officer and new board member. David Andrus will continue to serve the company in the role of President. Carr's appointment...
Articles 2008-07-16
Cost of Government Day, 2008: 'Taxpayers Released from State Servitude'
WASHINGTON -- Citizens Against Government Waste CAGW today observed Cost of Government Day by expressing outrage at the federal, state, and local governments' continued abuse of hundreds of billions of tax dollars in outdated, ineffective, duplicative, and wasteful programs and agencies. Cost of Government Day is the date on which...
Articles 2008-07-16
GroundWork Monitor Enterprise Improves Efficiencies and Cuts IT Monitoring Costs for Financial Services Firms
Prager Sealy Chooses GroundWork for Network Management SAN FRANCISCO -- GroundWork Open Source, Inc. (www.groundworkopensource.com), the leader in commercial open source systems OSS and network management software, announced today that Prager Sealy & Co., LLC, has joined Commonwealth Financial Network, National Australia Bank, Royal Bank of Canada, Stark...
Articles 2008-07-16
GM hopes $15B boost to bottom line adds stability
DETROIT -- General Motors on Tuesday announced sweeping cost cuts and fundraising moves in an effort to quell rumors and speculation that bankruptcy is a serious threat for the automaker. GM's plans will total about $15 billion -- enough, it said, to help it survive the current market...
Articles 2008-07-16
PaperCut enhances scalability of web-based application with Jetty and Webtide
Jetty web and application server chosen due to technical functionality, embeddable features and experience of Webtide team MANHATTAN BEACH, Calif. -- Webtide, the main developer of leading open source HTTP server and Java web container, Jetty, today announced that PaperCut, the leading solution to monitor, quota and report...
Articles 2008-07-16
Regulator to force EU firms to halve price of roaming texts
European legislation forcing mobile phone operators to cut the price of sending text messages between EU countries by up to 50 per cent could come into effect as early as next year. At the moment, the average cost of SMS roaming is 29 euro cents, more than...
Articles 2008-07-16
Benefits for city workers OK'd by Provo Council
PROVO -- City Council showed Provo employees the love Tuesday night as they unanimously approved a swath of resolutions to continue to cover their benefits. In a 6-0 vote, with Councilwoman Cindy Clark absent, the council appropriated nearly $275,000 to continue to pay the full cost of...
Articles 2008-07-16
VW announces plan for 1.0-billion-dollar US auto plant
FRANKFURT AFP — Volkswagen, the biggest European car maker, said Tuesday it would invest up to 620 million euros one billion dollars in its first US plant to counteract effects of the euro's rise against the dollar. The US market "is an important part of our volume strategy...
Articles 2008-07-15
GM warns of losses; scales back to fight slumping sales
CHICAGO AFP — US auto giant General Motors on Tuesday warned of "significant" losses in the second quarter and unveiled a fresh cost-cutting program to battle slumping sales amid soaring fuel prices. The largest US automaker said it will lay off white collar workers, slash truck and sport...
Articles 2008-07-15
United Airlines to defer launch of Washington to Moscow flights - report
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD United Airlines is to postpone its planned launch of flights between Washington DC and Moscow. The US Transportation Department has reportedly granted permission for the carrier to delay the start of the flights from 26 October 2008 until 29 March...
Articles 2008-07-15
Santander boss is wily operator who waited to make his move
When Santander bought Abbey National nearly four years ago, rival bankers said it was only a matter of time before Spain's biggest bank did a second deal to extract maximum benefit from the acquisition. Alliance & Leicester was top of most people's lists because it was big...
Articles 2008-07-15
Airline Study Shows Brands Struggle in Downturn
Firm conducts study of U.S. major airline carriers; finds flaws, opportunities GREENSBORO, N.C., July 15 /PRNewswire/ -- The current, troubled state of the airline industry is nearly matched by the branding of major U.S. carriers, according to a study conducted by brand strategists at Stealing Share, a...
Articles 2008-07-15
Valeo Equips the Mercedes A and B Class With its StARS Micro-Hybrid System
PARIS, July 15 /PRNewswire-FirstCall/ -- Valeo announces today that its StARS micro-hybrid system equips the new Mercedes A and B class. Invented by Valeo, this system featuring the Stop-Start function, cuts off the engine when the vehicle is at a standstill, at traffic lights for instance, and...
Articles 2008-07-15
Provo workers vote in favor of benefits, pay steps
PROVO -- City employees have said in a landslide vote they want city administrators to cover their health benefits and maintain pay steps. Now the City Council will consider three resolutions to appropriate funding in the 2009 budget to pay for those employee benefits. ...
Articles 2008-07-15
AHIP recommends strategies to cut $145 billion in health care costs by 2015
America's Health Insurance Plans AHIP has released a proposal with strategies to reduce total health care costs by $145 billion in the next seven years. The proposal, "A Shared Responsibility: Advancing Toward a More Accessible, Safe, and Affordable Health Care System for America," focuses on five key principles that must...
Articles 2008-07-15
First Release Homes' Syndication Provides Low-Cost Solution to Housing Market Downturn for New Home Builders
Online Builder-Buyer Matchmaker Now One of the Largest Real Estate Listing Syndications to Showcase New Homes and Condo Communities Worldwide SAN FRANCISCO -- James Uberti, Vice President of Sales and Business Development for First Release Homes, Inc., announced today the company has expanded its real estate syndication. This...
Articles 2008-07-15
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