Recession calls for balance
Keywords: recession US downturn plans cost reduction iSuppli R&D management
[Summary of tips] The U.S. economy has been in recession for more than a year, but many companies are just now rolling out their cost-reduction plans. Industry observers say some of the moves—job cuts, plant closures and reductions in selling, general and administrative expenses—are textbook remedial measures. But they point out that......|
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