The Hyundai spokesman, who spoke on condition of anonymity, said no employee cutbacks had been made or announced at any Hyundai companies.

We will bear their losses through lower returns, lower taxes, employee cutbacks or destabilized pension or benefit programs.

They've also made staff and expense cuts and have more impending employee cutbacks in the works.

She declined to confirm the closing of the call centers, or to provide specific dates when employee cutbacks would take effect.

The balance came from taking some products off the market and the related cost of employee cutbacks.

But he said he did not know whether there would be employee cutbacks at existing stores.

Profit margins have shrunk and employee cutbacks are looming, especially at CBS.

Citicorp managed it, however, with huge loan losses, big employee cutbacks and rumors about management missteps.

They see the extra degree as a way to make themselves more valuable in their current jobs, and thus shield themselves from employee cutbacks.

G.M. has not said where this latest round of employee cutbacks will hit the hardest or which factories will close.