Timesizing® Associates
dooms du jour, February/2002
[Commentary] ©2002 Phil Hyde, The Timesizing Wire, Box 117, Harvard Sq, Cambridge MA 02238 USA (617) 623-8080 - HOMEPAGE
2/28/2002 thu
2/27/2002 wed
2/26/2002 tue
2/24-25/2002
2/23/2002 sat (re fri biz)
2/22/2002 fri
2/21/2002 thu
02/20/2002 wed
2/19/2002 tue
2/17-18/2002
2/16/2002 sat (re fri biz)
2/15/2002 fri
2/14/2002 thu
2/13/2002 wed
2/12/2002 tue
2/10-11/2002
2/09/2002 sat (re fri biz)
2/08/2002 fri
2/07/2002 thu
2/06/2002 wed
2/05/2002 tue
2/03-04/2002
2/2/2002 sat (re fri biz)
2/01/2002 fri
Click here for dooms du jour in -
Questions, comments, feedback? Phone 617-623-8080 (Boston) or email us.
- miss yesterday's? see Features below -
timesizing in the news alias glimmers of strategic hope:
Chirac calls 35-hr wk 'authoritarian' but would flex, not scrap
RR employees in S. Korea win shorter hours, quit strike - some had been working 78-hr wks!
vs. doom du jourtm
3 downsizings, costing 801 jobs, cited in New York Times and Boston Globe -
400 jobcuts by A. G. Edwards brokerage
361 by Tyco Telecomms
40 by Arnold Worldwide ads
+ 1 prison story:
we apparently have turned America into a huge criminal training facility
timesizing in the news alias glimmers of strategic hope:
S. Korea strike for shorter workweek in 2nd day, autoworkers join
Deltronics Operations,
FutureOne &
Waste Management Inc.
all cut overtime
vs. doom du jourtm
headlines from helltm
Brazil jobless up to 6.8% in Jan.
US consumer confidence shrinks on job worries
Bush now using 'executive privilege' to coverup FBI files re false testimony that jailed 4 innocent men
+ 4 downsizings, costing 562 jobs + unspecified, cited in New York Times and Boston Globe -
22% workforce cut (545 lost jobs) as Sapient tech consulting freaks over net loss last year,
instead of just trimming its workweek 22% (to five 6¼-hour days for the whole company
including top execs), re-investing overtime savings in overtime-targeted training, and
keeping everybody together earning & buying 78% as many tech services as usual
17 cuts as eBay closes operations in Japan, and repairs to Taiwan
?? cuts as 'Dumsfeld' closes the Pentagon's Office of Strategic
Influence, ie: Dysinformation & TMP Worldwide cuts staff
- "late edition" -
timesizing in the news alias glimmers of strategic hope:
Japan is screwing up work sharing but at least they're still trying
S. Korea still works 6-day weeks & long hours, but unions are getting focused
vs. doom du jourtm
2 bankruptcy stories, totalling $5.7 billion in debt:
Williams Communications heads for Ch. 11 with $5.2B debt
Mpower Holding, pushed by bondholders, will go Ch. 11 with $538.4m
+ 1 downsizing, costing 37 jobs, cited in New York Times and Boston Globe -
16% workforce cut (37 lost jobs) as Organogenesis medical devices cuts costs (& markets) by self-amputation, instead of trimming its workweek 16% (to five 6¾-hour days for the whole company
including top execs), re-investing overtime savings in overtime-targeted training, & keeping
everybody together working, earning & buying 84% as many medical services as usual
- late edition -
weekend roundup per the NY Times & Boston Globe:
12 TIMEsizing stories (?? saved jobs)
4 UPsizings (13,500 new ~jobs)
vs. doom of the week:
11 downsizings totaling over 8,393 lost jobs
3 bankruptcies totaling over $21m in debt
YTD:
75 timsiz +21 upsz (19449+=8%)
vs.
163 dnsz (245,743+ jbcts) +35 bkrp ($6.9B+) +12 homlss +11 jail +1 suic
- hope of the weekend -
weekend timesizing news:
British Home Secretary steels himself for battle to cut police overtime
vs. doom of the weekend -
headlines from hell:
polls in Laos open for our kind of vote
US telecoms - the better the party, the longer the hangover = 'nuclear winter'
readers nail Enron as tip of iceberg & biz as usual in America's suicidal $concentration
Bush & CIA are setting up naughty Venezuela as backup in case 'war' on terrorism peters out
+ 1 weekend homelessness story:
100s of NYC homeless earn nickels redeeming cans & bottles - now new
super-wealthy mayor Bloomberg wants to eliminate redemption program so city can keep the nickels
- "late edition" -
timesizing in the news alias glimmers of strategic hope:
US nurses are getting it right on overtime - wanting less
UK police are getting it wrong
+ today's headlines from heaventm alias glimmers of hope:
1 UPsizing, ?? new jobs - as Dunkin' Donuts opens stores in 70 Stop&Shop's
GAO goes for it, sues VP Dick Chenanigan for freedom of information on energy huddles
vs. doom du jourtm
headlines from helltm
Taiwan shrank 1.9% last year for 1st full-year decline on record
timesizing France only just started shrinking & only by 0.1% in Q4 - still up 2% for the year
Pat Robertson thinks Islam is more violent than Christianity - maybe just recently
allies getting POed by U.S. international-affairs autism
+ 2 downsizings, costing 3500 jobs + unspecified, cited in New York Times and Boston Globe -
5% workforce cut (3500 lost jobs) as Akzo Nobel chemicals induces recession by cutting jobs despite
higher earnings, instead of trimming its workweek 5% (24 mins/day for the whole company
including top executives), re-investing overtime savings in overtime-targeted training, &
keeping everyone together working, earning & shopping 95% as much as usual
unspecified Japanese jobcuts as Snow Brand Food closes
- "late edition" -
timesizing in the news alias glimmers of strategic hope:
two-thirds of Brits polled feel they could do just as much work in
four days (32 hrs/wk) as they now do in five or more (40 hrs/wk or more)
Hitachi undermines purpose of its own work-sharing by allowing employees to moonlight
in France, however, Lionel Jospin is doing something right in his campaign for the presidency
+ today's headlines from heaventm alias glimmers of hope:
1 UPsizing - United recalls 2,000 flight attendants
Russia's population shrank by nearly 1m last year
vs. doom du jourtm
headlines from helltm
Bush reverses dumping Geneva Conventions, duh
Aussie Enron
US auditors lose audience abraud
recession ending!- not
employers popular!- not
plagiarized translations?
+ 3 downsizings, costing 500 jobs + unspecified, cited in New York Times and Boston Globe -
500 jobcuts as Colt Telecom adjusts value of some assets downward despite last year's bailout
?? cuts as Spiegel closes 40 Eddie Bauer stores &
Archer Daniels Midland closes Polish plant
timesizing in the news alias glimmers of strategic hope:
France - Jospin finally announces Presidency bid, runs on full employment via
cutting the workweek to spread around the immediately available employment
background on Jospin - a professorial progressive like Woodrow Wilson
+ today's headline from heaventm alias glimmer of hope:
1 UPsizing - Bush creates 7500 unpaid gov't "jobs"...in Peace Corps
vs. doom du jourtm
headlines from helltm
worldwide problems with executive grab&run
bull market left behind 2/3 of
US households
small official inflation means actual Depression-like deflation
secret Bush energy
policy now thumping arches & trees in Utah
Pentagon risks 'war' effort by ushering-in Hollywood
+ 1 downsizing, costing 800 jobs, cited in the New York Times and the Boston Globe -
44% workforce cut (800 lost UK jobs) as Dyson vacuum cleaners rationalizes move to China,
instead of trimming its workweek by 44% (down to four 5½-hour days for the whole company
including top executives), re-investing overtime savings in overtime-targeted training, &
keeping everyone together working, earning & buying 56% as many hoovers as usual
+ 1 prison story:
90% of Honduras' 11,000 inmates have never been convicted,
so nation is switching from presumption of guilt to presumption of innocence
timesizing in the news alias glimmers of strategic hope:
high court dismisses 9 US states trying for free overtime above 40-hr week
(2/14) next year, UK firms will have to quit all overtime above 48-hour level!
vs. doom du jourtm
headlines from helltm
snowmobiles gain against plan for park ban
appellate court opens door for complete consolidation of U.S. media
+ 1 bankruptcy story:
2001 sees bankruptcies up nearly 20% to record 1,490,000
+ 4 downsizings, costing 3393 jobs, cited in the New York Times and the Boston Globe -
3% workforce cut (2500 lost UK jobs) as Invensys engineering self-mutilates to reduce
debt, instead of just trimming its workweek by 3% (to five 7¾ days for whole firm
including top execs), re-investing overtime savings in overtime-targeted training,
and keeping everyone together working, earning & shopping 97% as much as usual
500 cuts by AT&T Broadband
372 by General Mills
21 by Kirshenbaum Bond Creative
+ 1 work-related murder-suicide:
German avenges firing by killing ex-bosses & highschool principal, then self
timesizing in the news alias glimmers of strategic hope:
French waste-mgmt firm experienced 2-wk drop in industrial &
household waste collections as govt & small cos. switched to 35-hr workweek
+ today's headline from heaventm alias glimmer of hope:
1 UPsizing - timesizing Southwest Airlines to hire 4000 this year
vs. doom du jourtm
headlines from helltm
we subsidize air & highway travel but not our most efficient form, rail travel
GOP leadership is holding jobless benefits hostage till they get more for those who already have most
+ 2 bankruptcies:
NYC-based Council Travel, with $21m in debt,
largest US student travel agency
Dublin-based USIT World student travel
+ 1 downsizing, costing 200 jobs, cited in the New York Times and the Boston Globe -
29% workforce cut (200 lost jobs) as Dean Foods dairy self-amputates post-merger to reduce costs
(& markets), instead of just trimming its workweek by 29% (to four 7h6m days for whole firm including
top execs), re-investing overtime savings in overtime-targeted training, and keeping everyone together
working, earning & spending 71% as much as usual on dairy products
- Phil 'Mr. Timesizing' Hyde to be on 'Dan & TJ Show' 8:40-50am local
(9:40 eastern) Tue on 102.7 FM Oklahoma City talk radio -
weekend roundup per the NY Times & Boston Globe:
6 TIMEsizing stories (?? saved jobs)
2 UPsizings (1650 new jobs)
vs. doom of the week:
21 downsizings totaling over 32,265 lost jobs
3 bankruptcies totaling over $3.7B in debt
YTD:
63 timsiz +17 upsz (5949+=3%)
vs.
152 dnsz (237,350+ jbcts) +32 bkrp ($6.88B+) +12 homlss +9 jail +1 suic
- hope of the weekend -
weekend timesizing news re controlling overtime (OT):
Phil "Mr. Timesizing" Hyde gets last third of long article in Gainesville Sun
vs. doom of the weekend -
headlines from hell:
Enron hid debt as trades as well as assets
US interns average 95-hr workweeks & Ed. Council proposes one 125-hr wk/mon.
+ 1 weekend prison story:
Texas has twice supplied convicted killers with dumb guards & escape vehicles
+ 1 work-related suicide:
YTD total above incremented because of overlooked Enron incident on 1/26
timesizing in the news alias glimmers of strategic hope:
(2/15) Boston trial court sets up ex post facto timesizing option to avoid deeper downsizing
+ today's headline from heaventm alias glimmer of hope:
Canucks get gold (after hysterical French judge 'fesses up)
vs. doom du jourtm
headlines from helltm
Norway whalers allowed bigger catch
China dissidents tossed into mental hospitals
UK asylum seekers turn to arson
Bush has much to downplay in Far East trip
no 'signs of recovery' in US small towns
Americans exhausting jobless benefits
+ 2 bankruptcies:
Globalstar, with $2.77B in the red
Harbison-Walker Refractories
+ 2 downsizings, costing 6000 jobs, cited in the New York Times and the Boston Globe -
9% workforce cut (3000 lost jobs) as Sprint PCS Gp mobile phones self-mutilates in over-reaction to a
4th-quarter loss, instead of just trimming its workweek by 9% (to four 9h6m days for whole firm including
top execs), re-investing overtime savings in overtime-targeted training, and keeping everyone together
working, earning & spending 91% as much as usual on cellfone services etc.
3000 cuts by Brit banking group, Lloyds TSB
timesizing in the news alias glimmers of strategic hope:
Boston trial court sets up ex post facto timesizing option to avoid deeper downsizing
+ today's headline from heaventm alias beam of hope:
campaign finance reform passes House, 240-189 (already passed Senate)
vs. doom du jourtm
headline from helltm
TV clutter breaks records in 3 timeslots
+ 5 downsizings, costing 9673 jobs, cited in the New York Times and the Boston Globe -
15% workforce cut (7850 lost jobs) as GM keeps reacting to big sales & small profits with
death spiral of cutting employee-booster-customer base, instead of trimming its work
week by 15% (to five 6¾-hr days for whole firm including top execs), re-investing
overtime savings in overtime-targeted training, and keeping everyone
together working, earning and buying 85% as many vehicles as usual
1473 cuts by Tyco
250 by Mass. court
65 by Black Dog Tavern
35 by Curis
timesizing in the news alias glimmers of strategic hope:
Michelin creates 1000 new jobs out of 4-hour pieces cut
out of people's old 39-hr French workweek to reach new 35-hr workweek
+ today's headlines from heaventm alias glimmer of hope:
1 UPsizing - Michelin creates another 1000 new jobs
out of thin air (over & above the recycled workweek scraps)
So. Koreans say Bush's "axis of evil" is indelicate & worsens things
Senate cuts agrobiz subsidies
45% of Ma. judges take paycuts to bar jobcuts
vs. doom du jourtm
headlines from helltm
tepid Bush plan vs. global warming
flaccid Japan plan vs. falling prices
+ 5 downsizings, costing 6407 jobs, cited in the New York Times and the Boston Globe -
12% workforce cut (5800 lost jobs) as British Airways turns self-amputatory over 9/11,
instead of trimming its workweek by 12% (to five 7hr2min days for whole firm including
top execs), re-investing overtime savings in overtime-targeted training, and keeping
everyone together working, earning and shopping 88% as much as usual
390 cuts by USEC
120 at SilverStream Software
52 at State Street
45 by Smithsonian Institution
timesizing in the news alias glimmers of strategic hope:
(9/01) Finland had interesting 30-hour workweek experiments 1996-98
vs. doom du jourtm
8 downsizings, costing 10,125 jobs, cited in NY Times & Boston Globe -
did the last 2-3 days with only 1-2 downsizings make you think it was really over? think again -
5400 jobcuts by Daiei Inc. supermarket chain in Japan, many through voluntary retirement
11% workforce cut (1150 lost jobs) as Milacron equipment over-reacts to falling demand,
instead of trimming its workweek by 11% (to five 7hr7min days for whole firm including
top execs), re-investing overtime savings in overtime-targeted training, and keeping
everyone together working, earning and buying 89% as much 'equipment' as usual
1000 cuts by Asahi Mutual Life
800 at NYPD
800 at Speaking Rock Casino
500 by Steelcase
275 at NYFD
200 by Reuters
- free consulting to playwrights, novelists, scifi writers who want to set
stories at various points in a timesizing future - 617-623-8080 or email -
timesizing in the news alias glimmers of strategic hope:
shorter hours a live political issue in France: Chirac begins
re-election bid on platform of relaxing 35-hour workweek law
Eastman Chemical has been cutting overtime among its 15800 employees worldwide
+ today's headlines from heaventm alias glimmer of hope:
1 UPsizing, 650 new jobs - UBSWenergy.com opens, lucky for ex-Enronites
campaign finance reform gains traction
vs. doom du jourtm
headlines from helltm
Web sales tax coming in Europe
convenient porkup at Pentagon
Bush's budget math no better than Enron's
1 downsizing, costing 60 jobs, cited in NY Times & Boston Globe:
60 cuts in Ohio by Kadant Inc. papermaking & recycling equipment
+ 1 bankruptcy:
Sipur getting a big push to file from Gazprom for $932m owed
weekend roundup per the NY Times & Boston Globe:
6 TIMEsizing stories (?? saved jobs)
1 UPsizing (500 new jobs)
vs. doom of the week:
19 downsizings totaling over 13,370 lost jobs
5 bankruptcies totaling over $81m in debt
4 prison stories
YTD:
57 timsiz +15 upsz (4299+=2%)
vs.
131 dnsz (205,085+ jbcts) +29 bkrp ($2.98B+) +12 homlss +9 jail +1 suic
- hope of the weekend -
weekend timesizing news:
(2/2) Airbus & other firms give comp time for overtime instead of $$
vs. doom of the weekend -
headlines from hell:
layoffs taking toll on families
Enron CEO disses Congress again
Bush & Cheney diss Congress & democracy GOP & Dems diss democracy, slurp $$$
crime costing us more
priestly crime boss won't quit
creationism tries again
lotsa execs secretly exercise stock ops
stock ops losing luster
execs profit even from bankruptcy, like Global Xing
Argentinians abandoning sinking econ ship
- free consulting to playwrights, novelists, scifi writers who want to set
stories at various points in a timesizing future - 617-623-8080 or email -
timesizing in the news alias glimmers of strategic hope:
Sanyo will cut wages proportionate to hours cut in work sharing program
Veeco of Woodbury, NY uses shortened workweeks to avoid layoffs
+ today's headline from heaventm alias glimmer of hope:
1 UPsizing, 500 new jobs - Greenbrier get orders for 900 freight cars
vs. doom du jourtm
2 downsizings, totaling 4200 jobcuts, cited in NY Times & Boston Globe:
3500 cuts by Goodyear Tire & Rubber
700 by Kraft's Life Savers
+ 1 prison story:
several transsexuals housed in women's prison in Mass.
- free consulting to playwrights, novelists, scifi writers who want to set
stories at various points in a timesizing future - 617-623-8080 or email -
timesizing in the news alias glimmers of strategic hope:
Japanese unions seeks gov't compensation for pay lost in worksharing
+ today's headline from heaventm alias glimmer of intelligence:
Britain proposes language & cultural qualifications for immigration
vs. doom du jourtm
headlines from helltm
Argentinians brood over their silver past & bankrupt present
+ 3 downsizings, totaling 3100 jobcuts, cited in NY Times & Boston Globe:
2% workforce cut (1600 lost jobs) as Visteon autoparts reorganizes itself out of
1600 of its best customers, instead of trimming its workweek by 2% (10 mins/day for
whole firm including top execs), re-investing overtime savings in overtime-targeted training,
and keeping everyone together working, earning and buying 98% as many autoparts as usual
1000 cuts by Tyco's TyCom unit
500 by 3M
+ 1 bankruptcy:
Kasper apparel in NJ goes bellyup
+ 1 prison story:
escapees from Texas' county system
recaptured in Oklahoma after convenience-store pig-out cum standoff
- free consulting to playwrights, novelists, scifi writers who want to set
stories at various points in a timesizing future - 617-623-8080 or email -
timesizing in the news alias glimmers of strategic hope:
Japan careens ahead on work-sharing - Nikkeiren chief offers 4 flavors
Carrier Corp. is cutting unplanned OT with i2 Factory Solution software
+ today's headlines from heaventm alias glimmers of vaguer hope:
'good, but' - Bush wants voluntarism to make up for his cuts (but is it slavery?)
France pegs Bush as 'simplistic'
resilient growth in...geriatric services
'Enron effect' is pulling top execs back from merging to managing
vs. doom du jourtm
headlines from helltm
'bad, but' - cos. eliminate jobs but 'productivity' increases - unsaleable
more millionaires paying less in taxes
Big 3 beg for mercy from depressed Japan
German unemployment rises - needs work spreading on weekly, not yearly, basis
2 downsizings, totaling 20 jobcuts + unspecified, cited in NY Times & Boston Globe:
1.4% workforce cut (20 lost jobs) as Simon & Schuster gets 'in fighting shape' by
cutting jobs (& markets), instead of trimming its workweek by 1.4% (7 mins/day for
whole firm including top execs), re-investing overtime savings in overtime-targeted training,
and keeping everyone together working, earning and buying 98.6% as many books as usual
unspecified cuts by SBA Communications of Boca Raton
+ 1 prison story:
prison builder & operator Cornell Cos.
'reviews' own accounting scam as Enron ripples spread
- free consulting to playwrights, novelists, scifi writers who want to set
stories at various points in a timesizing future - 617-623-8080 or email -
timesizing in the news alias a glimmer of strategic hope:
Michigan union gets serious about worktime abuse in nursing homes
+ today's headlines from heaven alias glimmers of vaguer hope:
Kuttner praises Ralph Nader (but doesn't vote for him)
reader slams Bush Inc. for no-quality moremoremore
vs. doom du jourtm
headlines from helltm
Saudi Arabia going into recession
New York State played the shortsighted grasshopper - like Texas
New York City gets grossly mammon-mad - will rename city parks for cash
+ 6 downsizings, costing 5825 jobcuts + unspecified, cited in NY Times & Boston Globe:
13% workforce cut (1900 jobs lost) as Mm02 mobile phones cuts costs (&
markets), instead of trimming its workweek by 13% (to five 7-hr days for whole firm
including top execs), re-investing overtime savings in overtime-targeted training, and
keeping everyone together working, earning & buying 87% as many fones as usual
1400 cuts by Delta
1075 by BMC
650 by Network Plus
400 by Ciena
unspecified cuts at U.S. travel agencies
+ 3 bankruptcies:
Arthur D. Little, the nation's oldest consulting firm,
Network Plus, and
ICH
- free consulting to playwrights, novelists, scifi writers who want to set
stories at various points in a timesizing future - 617-623-8080 or email -
timesizing in the news alias a glimmer of strategic hope:
French work 20% less per week than Brits but are 24% more productive
Chirac tries to roast Jospin over 35-hr workweek
but Jospin's got him pouting over a kickback probe
vs. doom du jourtm
5 downsizings, costing 2,900 jobcuts + unspecified, cited in NY Times & Boston Globe:
31.5% workforce cut (2100 jobs lost worldwide) as Gemplus smart cards panics about collapse of sales, instead of trimming its workweek by 31.5% (to 27hrs27mins/wk for whole firm including
top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone
together securely working, earning & buying 68.5% as many cellphones as usual
600 cuts by Rohm & Haas
200 by Kulicke & Soffa Industries
unspecified cuts by Shurgard Storage &
Electronics Boutique
+ 1 bankruptcy:
Questron Technology with $81m in debt
Pulp & Paper of America with $2m
+ 1 prison story:
medical ethicist says inmates should get level of care available to all law-abiding citizens, ergo no heart transplants
- Timesizing.com recommended for info on avoiding layoffs in current issue of
*Business Ethics -
see "No-Layoff Payoff" article on p. 7 of Jan/Feb issue -
weekend roundup per the NY Times & Boston Globe:
8 TIMEsizing stories (?? saved jobs)
6 UPsizings (3024+ new jobs)
vs. doom of the week:
23 downsizings again, totaling over 15,475 lost jobs
3 bankruptcies
2 homelessness stories
1 prison story
{YTD:
51 timsiz +14 upsz (3799+=2%)
vs.
112 dnsz (191,715+ jbcts) +24 bkrp ($2.9B+) +12 homlss +5 jail +1 suic}
- hope of the weekend -
weekend timesizing news:
(1/09) some details of work sharing à la Fujitsu - no breakthroughs yet
vs. doom of the weekend -
1 weekend downsizing report, totaling 45 jobcuts:
47% of workforce cut (45 lost NJ jobs) as the Jersey Journal pursues self-amputation to save
the 135-year-old daily, instead of just trimming its workweek by 47% (to five 4¼hr days)
for whole firm including top execs, implementing overtime-targeted training & keeping
everyone employed, earning & buying 53% as many newspapers & magazines as before
- free consulting to playwrights, novelists, scifi writers who want to set
stories at various points in a timesizing future - 617-623-8080 or email -
timesizing in the news alias a glimmer of strategic hope:
more on United Airlines' use of furloughs to avoid layoffs
Airbus & other firms give comp time for overtime instead of $$
+ today's headlines from heaven alias glimmers of vaguer hope:
1 UPsizing - Staples cuts 326 & adds 1200, nets 874 new jobs
102 courageous Israeli reservists stand vs. Sharon's continued treaty violations
Irish to vote on abortion referendum on 3/06
ban proposed on 'living' patents
vs. doom du jourtm
headlines from hell:
United Airlines reports staggering $2.1 billion loss
Bush wants big rise in military budget to outdo Reagan & solve labor glut & slump
Bushboys Powell & O'Neill's unilateral arrogance rocks even arrogant Econ Forum
- US will do anything it damn well pleases & to hell with the rest of the world (cf. Israel)
+ 6 downsizings, costing 10,110 jobcuts + unspecified, cited in NY Times & Boston Globe:
6500 net jobcuts as Lears closes 21 facilities
1150 more cuts as Lucent continues implosion
4% workforce cut (1000 jobs lost) as Amtrak (US passenger trains) gives up on breaking even
by 12/02, instead of just trimming its workweek by 4% (just 19 mins/day for whole firm including
top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together
securely working, earning & riding the train 96% as much as usual (or more with that free time!)
960 cuts by TDK in Japan
500 at American Eagle
unspecified cuts by Butler Mfg
- free consulting to playwrights, novelists, scifi writers who want to set stories at various points in a timesizing future - 617-623-8080 or email -
timesizing in the news alias a glimmer of strategic hope:
1000s of hospital employees march in Paris for new negotiations to
get the additional hiring intended by France's 35-hr workweek
+ today's headlines from heaven alias glimmers of vaguer hope:
1 UPsizing - 450 new sales jobs at Sepracor pharmaceuticals
Newsweek cover features 3 corporate moguls - African-American
vs. doom du jourtm
headlines from hell alias 'the march of folly' (pace Tuchman):
8 dumb Euro nations diss currency pains & EU by negotiating air treaties directly with U.S.
Bush seeks to define fetus as person (so, tax-deductible as 'dependent'?)
Sharon is sorry Israel didn't kill Arafat when had the chance
+ 2 downsizings, costing 100 jobcuts + unspecified, cited in NY Times & Boston Globe:
10% workforce cut (100 jobs lost) as Elizabeth Arden cosmetics gets hysterical over
a sales drop, instead of just trimming its workweek 10% (48 mins/day for whole firm
including top execs), re-investing overtime savings in overtime-targeted training, & keep-
ing everyone together securely working, earning & buying 90% as many lipsticks as usual
unspecified cuts as Staples closes 30 stores
+ 1 bankruptcy:
PhyCor phyles Chaptor 11
Jan/2002
Dec/2001
Nov/2001
Oct/2001
Sept/2001
Aug/2001
July/2001
June/2001
May/2001
Apr/2001
Mar/2001
Feb/2001
Jan/2001.
Dec/2000.
Nov/2000.
Oct/2000.
Sep/2000.
Aug/2000.
July/2000.
June/2000.
May/2000.
Apr/2000.
Mar/2000.
Feb/2000.
Jan/2000.
Dec/99.
Nov/99.
Oct/99.
Sept/99.
Aug-July/99.
Jun-May/99.
before Apr.30/99.
For more details, see our laypersons' guide Timesizing, Not Downsizing, which is available online from *Amazon.com and at bookstores in Harvard and Porter Squares, Cambridge, Mass.