Economists: It’s a good idea to keep workers, trim elsewhere. Even as the recession cuts deeply into their revenue, some companies are opting to do the unconventional: They’re keeping all their employees and finding other ways to trim costs.
Expect some further cuts and reassignments of duty at Cirrus Design Corp. in the coming weeks, as the Duluth-based company adjusts to softer-than-anticipated demand for its piston-engine airplanes and steps up efforts to develop a new jet aircraft.
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