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With less money coming into the company, AMD will retrench. As part of the austerity campaign, AMD will fill only "critical" job openings and shave $500 million from this year's capital expenditures budget -- a 20 per cent reduction.
I keep waiting for one of these companies to cry, 'Uncle!' " [Doug Freedman] said. "Until that happens, it's hard to recommend these stocks.
Investors seemed encouraged by AMD's cost-cutting commitment as AMD shares climbed 49 cents, or 3.8 per cent, to close Monday at $13.35 on the New York Stock Exchange. AMD's stock price has plummeted by about 60 per cent during the past year, a $9 billion drop in market value that has underscored concerns about the company's ability to withstand Intel's pricing pressure.
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The memo, dated Aug. 13, says that Hydro will lose money in the quarter ended June 30 and outlines a series of cost-cutting measures, including restrictions on staff travel, a hiring freeze on vacant positions, reductions in overtime, caps on banked vacation and a "potential" freeze on executive and management salaries.
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... reduce the Province's deficit, including a freeze on wage scales for public sector employees, a clos... was supplementary "machinery" to promote hiring practices "under the shield of s. 15(2) of the Cha...
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Vacancy management is the significant way we balance the budget," [Bill Balan] said. "Essentially, senior management is reviewing every hiring.
The Doer government's allowing tuition fees to go up 4.5 per cent "was a major first step" that will take several years to make a difference. "In the first year, it's not that significant," Balan said.
When the professors' contract expires next spring, Balan said, U of W will have to look at not hiring, asking for a freeze, or asking the professors for reductions: "The choices aren't many.
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While this Swan song does make the leadership bid less complicated - and perhaps a little less interesting - it ends the vote splitting between Selinger and Swan and gives party delegates a clear choice between two warring factions within the New Democratic Party. Representing traditional socialist NDP principles, Ashton has already promised to reintroduce a university and college tuition freeze until 2011, protect provincial water from privatization and would consider banning the hiring of replacement workers during strikes.
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...Implementing a hiring freeze on all resignations and. replacements for e...
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...As well, a hiring freeze in the '90s has had a ripple effect 20 year...
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... the province, brought in a temporary hiring freeze, attempted to reduce overtime costs and ext...
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...Firstly, a pending hiring freeze made the interview process very competitive...
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..., including restrictions on staff travel, a hiring freeze on vacant positions, reductions in overtime...