Cutting capacity will help ensure that the whole company stays afloat, along with more than 100, 000 workers.
Since last spring, Mr Ayling has also been cutting capacity, anticipating a downturn.
Such deals will succeed mainly by cutting capacity, which may mean product lines or branches, but almost always means jobs.
The big foundries in Taiwan and Singapore are more open about their difficulties, but no more intent on cutting capacity.
However fast companies are cutting capacity that once served Americans' debt-fuelled consumption, Japan's whole economic structure is geared towards meeting external demand.
Cutting capacity is costly, however.
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In the land of lifetime employment (at least for many workers in big companies), Mr Ghosn shocked Japan by announcing the closure of five factories employing over 16, 000 people in Japan alone, cutting capacity by 30% to bring it more into line with sales and boosting utilisation rates to around the 75-80% rates at which car makers begin to make money.
It may be good strategy for Ford to weather this storm by cutting back capacity instead of hacking prices.
When countries then created national grids, they reaped big gains by cutting duplicate spare capacity.
But of these, nearly half are cutting payroll or capacity or both over the next several years.
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The recent issue was a lack of capacity to produce cutting-edge parts with features just 28 nanometers wide, parts targeted at high-end smartphones.
They are hoping this season's version has a happier ending, although City will have to develop a greater cutting edge in front of goal and overcome a capacity for making life hard for themselves to achieve that.
We can much better help families like the Lihns and their daughter if we have a vibrant health sector that stays on the cutting edge of innovation and has the resources and capacity to care for the most vulnerable.
The result was a capacity glut, ferocious competition and frantic price-cutting.
Cost-cutting is the name of the game in an industry with too much capacity.
We could, of course, prevent such a move by--unilaterally, if necessary--imposing a blockade against Iran, cutting off its critical gasoline imports: Thanks to its lack of refining capacity, 40% of that rogue nation's gasoline comes from India and elsewhere.
World smelter capacity will remain ample and despite price falls, producers are not cutting back, Briggs said.
One is how to improve margins sufficiently to make a healthy real return in a world where over-capacity is running at 25-30%, and car makers are cutting prices either overtly or by offering extra features.
At the cutting edge, new studies of virus evolution and chips housing tiny cell cultures will improve our capacity to sort through the viral chatter and determine if a newly identified outbreak has the potential to spread globally or is likely to fade away.
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