Shops have trimmed operations in the past couple of years, reducing labor costs, energy-costs and almost every other cost of doing business. Firms have thoroughly analyzed the way they do business and eliminated unnecessary duties and wasteful activity. The focus on cost reduction has been very intense. And two of the largest costs, employment and energy, have been key targets for cost reduction. Companies of all kinds have learned that they can function fully, yet more profitably, with fewer employees and have squeezed more profit per dollar of revenue.
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