Curtailment

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Curtailment

The act or process of reducing a company's operations in order to bring stability to the company. Curtailment usually occurs when the company has been experiencing unsustainable growth that it is unable to manage effectively. Tactics of curtailment include spinning off subsidiaries, laying off staff, and generally focusing the company's operations on the best products that it is able to create effectively. Curtailment is intended to improve efficiency and increase profits.
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The GFI promotes national and multilateral policies, safeguards, and agreements aimed at curtailing the cross-border flow of illegal money.
Now that medical science is prolonging the lives of the elderly, and curtailing the infant mortality rate, more healthcare facilities to care for the special needs of both age groups will need to be constructed.
With 84 percent of adults stating that they are as busy or more busy this summer than they were last summer and 50 percent curtailing discretionary spending due to fuel prices, retailers need to accommodate consumers with increasingly hectic lives and a preference to stay close to home this summer," said Hillary Mendelsohn, author of thepurplebook: The Definitive Guide to Exceptional Online Shopping.
5 million in severance costs in connection with its curtailing production of the Willow Creek operations.
NASDAQ:PETC) is automatically and voluntarily curtailing energy usage to help reduce load on the Texas power grid during record-setting demand in April.
While this event is significant, Lyondell also announced that the plant would indefinitely suspend TDI production, thus curtailing the hydrochloric acid feedstock.
EnvoyWorldWide's Core Notification Technology a Key Element of the California Demand Reserves Program Aimed at Curtailing Energy Consumption During Peak Demand
While Philip Morris is claiming that it is unable to both post bond and make its settlement payments, there is no indication that the company is curtailing its multi-billion dollar annual expenditures to market and promote its products, including the products that were the subject of this case.
Accordingly, we are curtailing further growth in our operating expenses until revenue growth requires us to add additional infrastructure.
NYSE:AA) announced today that it is curtailing 70,000 metric tons per year (mtpy) of aluminum smelting production at its 204,000-mtpy Longview, Wash.