cut

Other qualifiers: If your hours are cut and you lose your healthcare, if you get divorced and/or legally separated, or if a covered employee passes away.

Policy will shift, while budgets will get cut and then restored.

The Fed cut its policy rate by another 25 basis points on Wednesday but signaled that a cut at the December meeting is not a foregone conclusion.

“There’s still a massive amount of cord cutting going on,” Eiley said.

He’s eager to prove critics wrong and complete a turnaround after three painful years of setbacks and cost cuts to reduce the company’s mountain of debt.