Budget plans were developed which would lead to annual reductions in defense spending in real terms through 1997, accompanied by
cutbacks in military force levels over that same span.
During two years of budget
cutbacks totalling $74 million, the frugal state university was forced to put a freeze on filling many of its vacant administrative slots.
This symposium contributes to a small but growing number of recent studies on fiscal stress and the management of budget
cutbacks by state and local governments.
Ryanair chief executive Michael O'Leary also laid some of the blame for the
cutbacks on airport operator BAA.
will suspend operations at the two factories simultaneously because of production
cutbacks, it said.
The airline has failed to obtain added
cutbacks from the Canadian Auto Workers union, which represents 5,900 customer service employees.
The three players -- two backside front players (T and E) and one cornerback -- have to look for reverse and
cutback plays.
The organization withheld
cutback targets by respective economies, saying these relate to business strategies.
Last year's
cutback caused by the Gramercy explosion wiped out a 3.3 million ton bauxite order by the Louisiana-based plant.
A number of Amazon subsidiaries have also experienced
cutbacks recently.
Many studies have identified and categorized responses of state and local governments to fiscal stress and the contextual factors that influence the
cutback decisions (Glassberg, 1978; McTighe, 1979; Behn, 1980, 1985; May and Meltsner, 1981; Plant and White, 1982; Jick and Murray, 1982; Downs and Rocke, 1984; Klinger, Lehnen, and Schervish, 1984; Poister and McGowan, 1984; Higgins, 1984; West and Davis, 1988; Macmanus, Rattley, Ungaro, Brown, O'Donnell, and Shalmy.
Although the initial announcement of the
cutback extension did boost oil prices as markets would have preferred an actual cut in production rather than an extension under the current levels, we expect the resolve and agreement demonstrated by OPEC to boost prices in the long term, picking up from current levels.