THOUSAND OAKS, Calif. -- The PGA Tour does not plan to cut its workforce as other sports organizations have done, Commissioner Tim Finchem said Saturday in reflecting on what he called a solid financial performance in golf.

Finchem said the tour has cut travel, entertainment and other costs in trying to add to its reserves during a tough economy.

"Layoffs, we've been able to avoid to date," he said at the Chevron World Challenge after having lunch with host Tiger Woods.

AP Photo/Kamran JebreiliSweden's Annika Sorenstam gestures to supporters following the end of the final of the Dubai Ladies Masters golf tournament in Dubai, United Arab Emirates, Sunday, Dec. 14, 2008.

The Swede shot a 1-under 71 Sunday at the Dubai Ladies Masters in Dubai, United Arab Emirates, finishing six shots behind winner Anja Monke after an 8-foot birdie at No. 18 drew a standing ovation from the packed gallery.

Sorenstam raised her putter to acknowledge the crowd and then hugged caddie Terry McNamara.

"I felt at peace. I really felt very content," she said. "I walked up to hit my third shot on the 18th, and I felt the breeze coming in, and it was just a really comfortable feeling. I saw some players standing behind the 18th green, that gave me a tear. I saw my parents and my family and that give me a tear."