The company slashed costs and cut jobs throughout 2008.
The company also slashed its reported profits for the last four years.
All of this activity has led some to fear that companies will slash prices to win market share.
In exchange, the company slashed its prices on everything except coffee.
Of course, many companies are not slashing benefits for their rank and file.
Since 1993, the company has cut 65,000 jobs and slashed costs by $8 billion.
That allows companies to slash costs in their information technology departments.
Almost every week, in a region stretching to Scotland, foreign companies have slashed work forces.
To attract buyers, the company slashed prices this year by up to 30 percent.
The company has slashed its workforce by over 25% to cut costs.