<span class="article_text">Royal Caribbean Cruises Ltd. may undergo a large staff downsizing, according to Seatrade Insider News. The online publication cites &quot;widespread industry sources&quot; as reporting that the cruise company is seeking to cut costs and improve efficiencies. <p>According to Seatrade Insider sources, department heads have been asked to develop two budge scenarios - one with a payroll budget cut of 10% and one with an overall budget cut of 25%. The publication's sources also said most layoffs are targeted for middle to upper management positions. </p><p>Royal Caribbean has not acknowledged any specific moves. </p><p>A RCCL spokesperson quoted Lynn Martenstein, vice president of corporate communications, as saying: &quot;Like most companies today, we are redoubling our efforts to find savings, but we have not announced any specific actions.&quot; </p></span>