In December, Prince unveiled a cost-cutting plan led by investment banking head Robert Druskin.
The workers are taking the action because the company is implementing a 5m euros cost-cutting plan.
The company also announced a cost-cutting plan that will include an 18%-20% staff reduction.
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Part of the cost-cutting plan involve consolidation offices, relocating more people to the corporate HQ in Sunnyvale, California.
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So, you know, what we didn't want to do is this coming across as just a cost cutting plan.
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Until bigwigs in Brussels and Washington are ready to outface their cosseted farmers, Mr Zoellick's tariff-cutting plan will go nowhere.
By contrast, she wrote, a recent cost-cutting plan from Pfizer is expected to save twice that much as a percentage of costs.
She says the cost-cutting plan is going take about three years.
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But the glass maker sees a difficult year ahead in 2013, and said it expects to install a cost-cutting plan that would include some job cuts.
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The Formula One Teams Association (Fota) said as well as a package for 2010, an agreement for a cost-cutting plan for 2009 had also been reached.
The struggling bank, due to report third-quarter earnings Tuesday, got a 6.6% boost on the Swiss stock exchange after the Wall Street Journal reported the job-cutting plan Monday.
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Meanwhile, Hong Kong's Cathay Pacific airline denied local reports that it was considering a cost-cutting plan to ground all flights as the region's carriers feel the effects of plummeting passenger numbers.
By contrast, she wrote, a recent cost-cutting plan from Pfizer (nyse: PFE - news - people ) is expected to save twice that much as a percentage of costs.
Only nine Democrats supported the bill which went through the House on April 18th, and most of those Senators who backed the tax-cutting plan last year do not now favour its extension.
The across-the-board budget reductions, the result of Washington's failure to work out a long-term, deficit-cutting plan in November 2011, essentially shut down some government agencies, though it had a negligible impact on others.
As it was essential that the country did not become "divided" in these tough times, he said the coalition must "redouble its efforts" to show its deficit cutting plan was as "fair as possible".
Prince has been trying to make things right by shuffling executives and putting a big cost-cutting plan in motion, but that hasn't stopped speculation that the company would be better off broken up into pieces.
Far from helping Olympic to take off, its angry pilots are helping to steer it into the ground by defying the Socialist government's latest cost-cutting plan to hold down wages for three years and to make air crews work longer hours.
What, exactly is the plan for cutting these benefits to the elderly and disabled poor?
So the Unger Report releases its eight-point plan for cutting back on oil consumption this summer.
The plan includes cutting farm subsidies and making modest adjustments to federal retirement programs.
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WASHINGTON--When the president releases a blueprint of his first annual budget Thursday, he will detail his plan for cutting the budget deficit in half by 2013.
Vestas also said they plan on cutting a further 3, 000 jobs, having already made a series of lay-offs across the United States over the past few months.
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And the Unger Report eight-point plan for cutting back on oil involves a bonus ninth point, just sit in your car and listen to NPR until your battery dies.
Shadow defence secretary Jim Murphy accused the government of lacking a coherent strategy, arguing that there was "a plan for cutting the Army but not for boosting the reservists".
Target, usually measured and on plan, is cutting prices throughout the store by 50% in its Last Minute Sale.
His plan calls for cutting the tax rate from 35% to 25%, but this would merely bring our corporate income tax rate down to the current average for the other OECD nations.
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America's biggest airline, American Airlines has prepared a glide path down to Chapter 11 by laying out a cost-cutting strategy and a financing plan before it asked its workers to agree to wage cuts.
Labour's deputy leader Harriet Harman attacked Mr Clegg for "joining David Cameron in his failed economic plan, in cutting 5, 000 nurses and 15, 000 police, and in trebling tuition fees and increasing VAT after promising not to do so".
But Gore campaign chairman William Daley said the Republican presidential candidate's debate plan would "shortchange Americans by cutting tens of millions of people out of the presidential debate audience, " and Gore called Bush's plan a disappointment.
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