See, this is an interesting example of how corporations work. Part of maximizing profit comes from reducing expenditures.
http://www.standard.co.uk/business/business-news/wood-group-and-dragon-oil-cut-spending-as-fears-over-iraq-and-syria-grow-10051275.html
Wood Group is claiming that it will cut millions of dollars in spending as basically a survival tactic, whereas in reality, they have experienced nearly 8% growth in revenues. Shareholder dividends increased by 25%, yet they are cutting expenses, and plan to increase profits this year by acquiring smaller companies, whose expenditures they will no doubt also cut.
On a side note, another interesting point is that they have already determined that Daash will be a factor in the energy market for the next 10 years.
http://www.investorschronicle.co.uk/2015/02/17/shares/news-and-analysis/news-tips-brit-wood-group-monitise-more-81BdDQoxqkNn42OZ0vxd0M/article.html
The obvious way that you cut expenditures is by laying off workers. This is the logic of FDI for multinationals.
External Context سياق خارجي
http://www.standard.co.uk/business/business-news/wood-group-and-dragon-oil-cut-spending-as-fears-over-iraq-and-syria-grow-10051275.html