Cable companies like Cablevision are saving cash to survive the recession, but have to do so by cutting costs and spending on capex for instance.
It doesn't seem it will be a problem to jump start growth again once the economy rebounds though (See Cable TV operators channel efforts into boosting cash http://www.cfozone.com/index.php/Cash/Cable-TV-operators-channel-efforts-into-boosting-cash.html
But that's not true of all companies. Ira Jersey of RBC Capital Markets followed up with the following comments:
"Strong earnings can only continue if unit sales increase, productivity increases (price per unit made decreases), or unit price can be increased. We believe the first and last are unlikely in the coming environment of slow but above zero growth, so only productivity can drive earnings. So those firms that have recently invested in productivity are likely to initially post better results than those that have not, in our view."
Have you heard of other companies (or is your company) trying to save cash? If so, what are they cutting back on to do so? And how could it affect them going forward?