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The bank says it has turned the cost centre into a business in an attempt reduce overheads.
You can reduce overheads in other areas, like cutting back on advertising or purchases of new equipment.
Sub-letting may seem an obvious way to reduce overheads and generate income.
We will increase emphasis on cost consciousness throughout the Group and continue to reduce overheads throughout 1993.
British Airways' engineering division, for example, set some cost-saving targets to reduce overheads.
To reduce overheads when making security copies only headword lemmas are placed in this table.
Similarly the Symbian approach to threads and processes is driven by reducing overheads.
For more information, see the page on how to reduce overheads in our guide on how to avoid insolvency.
A person whose profit (or loss) depends on the capacity to reduce overheads and organise work effectively may well be self-employed.
The idea of this joint venture is to reduce overheads and the whole set-up is run by a staff of just seven.
Work progressed quickly, and some of the shareholders protested at the frequency with which calls were made for the money, but a fast build reduced overheads.
By 1905, the company had decided that 'concentration' was required and steps were taken to reduce overheads and improve operating efficiency.
You can also reduce overheads, eg by delaying purchases of new equipment, although this is a temporary measure.
Jumboframes or 9000-byte frames have the potential to reduce overheads and CPU cycles.
Intel says the data indicates reduced overheads and streamlined I/O compared to SVR4.2.
Ernst & Young in the US has come up with an interesting new way to reduce overheads, according to the Public Accounting Report.
The immediate benefits may in turn result in others, such as increased sales, reduced overheads, cost savings and an improvement in relationships with customers and suppliers.
In one stroke (which has taken about two years to organise) HarperCollins will substantially reduce overheads and become a major force in the mass market field.
Tarmac is to cut 273 jobs and reduce its housebuilding operation by 20% in order to cut working capital by £100m and reduce overheads.
The peripheral employee will be compensated for his disadvantages by a much greater pay rate per hour and the company gains by reduced overheads and greater work-force flexibility.
A picture emerges of declining Government support of a previously nationalised industry under privatisation which has led to intense pressure to reduce overheads and manpower with steadily deteriorating safety standards.
Free content principles have been translated into fields such as engineering, where designs and engineering knowledge can be readily shared and duplicated, in order to reduce overheads associated with project development.
This has not been without a knock-on effect in Europe, in that numerous companies in the United States have cut back or shut up shop in Europe in an effort to reduce overheads.
At a series of meetings at Rosyth yesterday employees were told that although the yard had a substantial workload for the next two years, it was vital to reduce overheads and capacity to improve its competitive position.
In December 2007 the UKHO announced a downsizing exercise codenamed 'project AMBER' aimed at reducing overheads by allowing large numbers of staff to leave under an early release arrangement.