The firm also reduced the price of Debo deodorant from $1.35 to $1.00.

This changes the bargaining environment rather significantly because firms now have reduced hiring costs.

Since then, the firm has substantially reduced its position.

In the last year the firm has reduced its staff by about 1,100 workers, to 5,900.

An executive close to Russtogs, said that his firm too had reduced the inventory it was shipping.

Hence, when firms reduce labor demand during a recession, we should expect to see a fall in wages as well.

The firm, which described the cuts as a painful decision, has reduced its workforce by more than 21,000 in the past two years.

Additionally, firms may reduce prices to generate sales in an effort to cycle inventory.

As a result, she said, her firm will probably reduce its 2002 estimates for global e-commerce spending among corporations.

As the firm reduces price, the quantity demanded for the firm's product is likely to rise.