Knight Ridder has announced planned cutbacks that total more than 2,000 people.

Some fear being laid off, since companies that have turned private have often announced cutbacks as part of a restructuring to become competitive.

The firm is the first big financial company to announce cutbacks linked primarily to the world's troubled markets.

General Media is just the latest in a long line of publishing companies to announce cutbacks as the recession lingers on.

Soviet allies have also announced cutbacks in their forces.

Mitsubishi Electric was only the latest company to announce cutbacks.

Many other banking and securities firms have announced cutbacks in their stock brokerage activities over the last year.

Late last year he announced cutbacks in staff to respond to falling demand.

Medical schools in other provinces have also announced cutbacks.

Every day, companies announce cutbacks in production, layoffs of workers or even complete closure.