Its payroll of 50,000 workers was cut to 10,000, and unprofitable operations were sold.
He began major restructuring in 2003, after years of unprofitable operation.
The company bought the unprofitable operations of Sealink in 1985.
He has trimmed unprofitable operations and focused on the book division.
Due to unprofitable operations, neither line opted to renew their lease.
Others say that he was brought in to breathe new life into the moribund and unprofitable operation.
The company has redesigned products, closed unprofitable operations and reduces its work force.
The Post itself, while financially weakened by years of unprofitable operations, is not in bankruptcy.
Currently, work is suspended in the airport due to unprofitable operations.
By the 1950s inflation costs for gold mining were leaving the operation unprofitable.