In 1998 Folz began to rationalize the entire assembly operation by introducing a cost-cutting strategy.

FORBES: Businessman of the Year

Ericsson's changed fortunes from both the reviving tech market and its cost-cutting strategy present a contrast with 2002.

BBC: NEWS | Business | Ericsson profits beat forecasts

Dubbed "Georges the cleanser" for his aggressive cost-cutting strategy, Mr Plassat said that he would continue to cut waste and streamline operations.

BBC: Vivendi plans to cut jobs and costs amid price war

America's biggest airline, American Airlines has prepared a glide path down to Chapter 11 by laying out a cost-cutting strategy and a financing plan before it asked its workers to agree to wage cuts.

ECONOMIST: America's airlines and the war

Vicious cost-cutting does not change a business strategy.

ECONOMIST: Commerzbank

With his HP career now in the rear view mirror, there is much talk that, while Hurd vastly increased profits with a strategy of acquisitions and cost-cutting, he starved much of the company of resources for growth, particularly in research and development.

FORBES: Now HP Wants to Be the Cloud-Based Services Company

Instead, in his prepared remarks, Kindler seems to be emphasizing the drugmaker's ability to wrench big efficiencies out of its enormous structure--a strategy not that different from the cost-cutting going on at rival Merck.

FORBES

In the unhappy world of American newspapers, where cost-cutting has become a way of life, lavishing money on journalism would constitute a radical new strategy.

ECONOMIST: The Wall Street Journal