Part of the problem is that employers do not want to cut into their profits, he said.

He, too, said that managed care has cut deeply into his profits.

The second half comes from the supermarket itself, cutting into profits.

Higher construction and labor costs may cut into profits, analysts say.

By the mid-1980's, the system had begun to cut severely into the record industry's profits.

Such discounts would seem to cut into a software company's profits.

That action, some analysts believe, would slow growth and cut into corporate profits.

That is why they will give an incentive, even if it cuts into profits.

The higher value of the yen or the mark means these parts cost more, cutting into profits.

But increased competition in that market segment may be starting to cut into profits.