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BNET Business Dictionary
- Retrenchment
- the reduction of costs in order to improve profitability
- Retrenchment definition on BNET »
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- Riding High Tech Bear-Back
- The Dow has hit bear territory, causing angst among many on Wall Street. Technology stocks, once considered havens, have had their own battering. Since the beginning of the year, shares in many companies have dropped: Google's down 22 percent, Intel 24 percent, and both Microsoft and Amazon.com close to 30...
- Blog posts 2008-07-14
Additional Resources
- Telekom Malaysia offers retrenchment scheme to employees
- KUALA LUMPUR AFP — Malaysia's largest telecommunications company, Telekom Malaysia Bhd. said it has offered 30,500 staff a voluntary retrenchment scheme as part of a manpower rationalization program. In a statement, Telekom Malaysia said the exercise was part of overall strategies announced last September aimed at making the group...
- Research articles 2005-02-23
- Retrenchment and realignment. (forecasts for world fertilizer supply and demand)
- Retrenchment and Realignment The recent forecasts for world and regional fertilizer supply and demand published by IFA and the World Bank/FAO/UNIDO and the Fertilizer Industry working group are both cautious in their assessments for the next five years. Both organisations predict that...
- Research articles 1991-09-01
- Sri Lanka's national air carrier steps up retrenchment
- COLOMBO, Aug. 1 Kyodo Sri Lanka's national air carrier, still reeling from a rebel attack on the country's international airport that grounded half its fleet, stepped up retrenchment efforts Wednesday by offering staff a second voluntary retirement scheme in as many months. Meanwhile, at least...
- Research articles 2001-08-06
- Lost Your Job? Keys To A Quick Recovery
- You may be astonished to realize that retrenchment may occur more than once during the life of the modern day worker. In fact, career advisors report that we could expect to be made redundant up to three times during our working life. As common as retrenchment is, when it happens,...
- White papers 2008-01-01
- Use your resume to rebuild your career. (includes a related article on an IEEE program that helps engineers determine their qualifications for various positions)
- Industry-wide retrenchment has eliminated thousands of engineering jobs. What's worse, many of those positions will never exist again, and the competition for the leftovers is fierce. Yet some EEs are overcoming these hurdles and building new car Industry-wide retrenchment has eliminated thousands...
- Research articles 1992-02-06
- WorldCom cuts Aussie staff.
- ABIX via COMTEX) -- US telecommunications company, WorldCom, has retrenched some of its Australian workers. However, the company refused to release details of its retrenchment program. The first group of redundant workers left the Australian operatio ABIX via COMTEX) -- US telecommunications company, WorldCom, has ...
- Research articles 2002-07-02
- Antioco: blockbuster's pull-back isn't complete: also seems to hint at return of late fees.(RETAIL)
- Blockbuster chairman-CEO John Antioco said last week that 2006 could bring further retrenchment as the rental giant tries to find its feet after staggering through 2005. Speaking at Citigroup's annual Entertainment, Media and Telecommunicatio Blockbuster chairman-CEO John Antioco...
- Research articles 2006-01-16
- CompuServe Won't Cut High Fees, Will Kill 'Wow!' Online Service.(Originated from The Philadelphia Inquirer)
- Nov. 22--In what one analyst described as a "strategic retrenchment," CompuServe, the granddaddy of the commercial online services, has decided it will not compete with America Online and other services that are slashing rates to draw su Nov. 22--In what one analyst described...
- Research articles 1996-11-22
- CUNA Mutual To Cut 90 Jobs
- CUNA Mutual Group, the ubiquitous credit union insurer doing business with virtually every credit union in the country, continued its retrenchment with an announcement to cut employment by 90 more positions, the third round of lay-offs in the past four m CUNA Mutual Group, the ubiquitous credit union insurer doing...
- Research articles 2006-02-13
- ENERGY: Wind Installations Up by 10%.
- The U.S. wind energy industry racked up a solid gain in 2002 even in the face of an overall retrenchment in the broader energy industry, according to the American Wind Energy Association (AWEA, 122 C Street NW, Washington D.C. 20001; Tel: 202/383-2500; Fa The U.S....
- Research articles 2003-02-01
- Money market funds zap Fidelity: total inflows off 78% in 2002 despite 14% rise by long-term funds.
- Fidelity Investments, battling a treacherous bear market and a massive retrenchment from money market funds, experienced a stunning 78% drop in net inflows in 2002. Fidelity Investments, battling a treacherous bear market and a massive retrenchment from money market funds, experienced a...
- Research articles 2003-02-03
- A cautionary tale: At Merrill, growth is finally too costly.
- The nation's largest brokerage company appears on the verge of a significant retrenchment that could signal the end of an era -- for both the firm and the financial services industry. Since Donald Reagan ran the company in the 1960s, the credo...
- Research articles 2001-10-22
- NPR To Invest Additional $15 Million in NPR News; Kroc Funds to Add Staff, Resources Over Three Years
- This unprecedented investment and expansion in NPR News is unique in the current media climate, as news media organizations continue a pattern of retrenchment, eliminating staff, bureaus and resources to increase profits. (See State of the News Media 2004This unprecedented investment and expansion in NPR News is unique in the...
- Research articles 2004-06-15
- AMD cuts jobs in Penang in rationalization, BUSINESS TIMES
- Business Times Malaysia 09-27-2001 AMERICAN chipmaker Advanced Micro Devices Inc AMD is set to lay off more than half of its 2,500 employees in Penang as part of a rationalization of its global operations. The retrenchment is one...
- Research articles 2001-09-27
- Advice for Employees Fearing the Ax
- Advice for Employees Fearing the AxRE: Advice for Employees Fearing the AxDONT PUT ALL YOUR EGGS IN ONE BASKETThe above old English saying aptly sums up the risk management measures workers have to keep in place throughout their working life.Hence, an employee should always be involved in small time private...
- Discussion threads 2008-09-19
- As California goes, so goes the nation
- Economic downsizing, the resurgence of unfounded racist theories of genetic inferiority, and right-wing posturing have undermined the political gains of the 1960s and 1970s, and have resulted in retrenchment that has seriously constrained the education of African Americans. Nowhere is this retrenchment more evident than in California. The Board of...
- Research articles 1996-04-01
- Continental Airlines to shrink to survive record fuel prices
- WASHINGTON AFP — US carrier Continental Airlines said Thursday it will cut 3,000 jobs and pull 67 aging planes in a massive retrenchment in the face of record-high fuel prices. Continental's retrenchment followed similar moves announced by two other big US carriers, American and United Airlines. "The airline...
- Research articles 2008-06-05
- Continental Airlines to shrink to survive record fuel prices
- WASHINGTON AFP — US carrier Continental Airlines said Thursday it will cut 3,000 jobs and pull 67 aging planes in a massive retrenchment in the face of record-high fuel prices. Continental's retrenchment followed similar moves announced by two other big US carriers, American and United Airlines. "The airline...
- Research articles 2008-06-05
- Air Afrique rescue plan
- Ten Francophone countries jointly owning, Air Afrique, have embarked upon a fundraising programme and are seeking a partnership with Air France to keep the airline from being grounded. Air Afrique has been in debt since 1993 and currently owes around $450m. The World Bank recommended the airline be privatised,...
- Research articles 2001-09-01
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