Before everyone goes into the minutia of discussing cost saving measures, I would just like to say....
You only have to cut costs to the point where they match your revenue. Series have this obsession with cost cutting and have totally ignored revenue raising by promotion and generating new fans. Thus we have gotten neither cost cutting nor revenue raising leaving us in the mess we're in today.
Woops did I confuse this with the doom and gloom thread? Is this about the U.S. government?