The union has given the Board a cost-cutting plan to consider as an alternative to privatization.

The company said rising oil and gas prices, coupled with its cost-cutting plan, contributed to the improved results.

The French state-controlled computer company said the cuts were part of a broader cost-cutting plan.

The cost-cutting plan "isn't completed yet and won't be for several more weeks."

He did not urge a halt to the cost-cutting plan, as she did.

Last month, the firm announced a cost-cutting plan to reduce its work force by 15 percent, or about 975 jobs.

If the sales take too long, it could crimp Xerox's cost-cutting plans.

The management board must present the cost-cutting plans to the owners next Friday.

They also accelerated existing cost-cutting plans and devised new ones.

He added that the airline would seek meetings with union leaders to discuss the cost-cutting plans.