Timesizing® Associates
hopes/dooms du jour, April/2002
[Commentary] ©2002 Phil Hyde, The Timesizing Wire, Box 117, Harvard Sq, Cambridge MA 02238 USA (617) 623-8080 - HOMEPAGE
4/30/2002 tue
4/28-29/2002
4/27/2002 sat (re fri biz)
4/26/2002 fri
4/25/2002 thu
4/24/2002 wed
4/23/2002 tue
4/21-22/2002
4/20/2002 sat (re fri biz)
4/19/2002 fri
4/18/2002 thu
4/17/2002 wed
4/16/2002 tue
4/14-15/2002
4/13/2002 sat (re fri biz)
4/12/2002 fri
4/11/2002 thu
4/10/2002 wed
4/09/2002 tue
4/07-08/2002
4/06/2002 sat (re fri biz)
4/05/2002 fri
4/4/2002 thu
4/03/2002 wed
4/02/2002 tue
Click here for dooms du jour in -
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- late edition -
timesizing in the news, alias glimmers of strategic hope:
Japan gov't pumps mega¥ into longer-term approach than makework, namely 'sharework'
+ today's headlines from heaventm aka glimmers of vaguer hope:
3-in-1 UPsizing - est. 1300 new New England jobs as Raytheon, Northrop Grumman & General Dynamics benefit from new Navy destroyer project
vs. doom du jourtm
headlines from helltm
herd on the Street - hype from prophets of boom springeth eternal
NY state AG Spitzer unveils "the Street's" pandemic conflict of interest
+ 3 downsizings, totaling 2396 jobcuts, reported in New York Times (NYT) & Boston Globe (BG):
10% workforce cut (2000 NY & Va jobcuts) as DuPont Textiles tries to save $$ by self-mutilation,
instead of just trimming its workweek by 10% (48 mins/day for whole firm including top execs),
re-investing overtime savings in overtime-targeted training, & keeping everyone
together, working, earning & buying 90% as much clothing & material as before
389 cuts by State Street Corp. in Boston
7 cuts by J & T Tool and Die in Mich.
+ 1 big case of makework:
China is still straining to create millions of 40 hr/wk jobs
instead of stealing ideas from Japan & just sharing the vanishing work
- mini report - bk Time Gap: simplified references to Newton -
we're focusing on the
book right now, but if you've seen a news item you'd like our 'take' on, email us -
- if you've seen a news item this weekend you'd like our 'take' on, email us -
weekend roundup per the NY Times & Boston Globe:
10 TIMEsizing stories (?? new and saved jobs)
3 UPsizings (1000+ new jobs)
vs. doom of the week:
12 downsizings totaling over 35,523 lost jobs
1 bankruptcy
2 prison stories
1 work-linked suicide
YTD:
167 tmsz(310+ jobs)+45 upsz(25664+=6%)
vs. 273 dnsz(420473+)+60 bkrp($21.7B+)+23 hmls+36 jail+14 suic
- hope of the weekend -
timesizing news:
Boston Globe reader encounters 'annualization' of overtime
+ glimmers of vaguer hope:
1 upsizing - ?? new jobs as Charlesmark hotel opens
vs. doom of the weekend -
6-in-1 work-related suicides reported:
cluster of police suicides in little Norwood, Mass.
- bk status report: bought Newton's Principia for chaps.4-6 of Time Gap & re-reorged ch.4 -
- late-late edition -
timesizing in the news, alias glimmers of strategic hope:
The Economist mag spins 35-hr workweek as a 'questionable imposition' rather than a 'bolder sort of reform' & sees no connection between it & France's economic health, &
spins it as popular only with employees, not employers
+ today's headlines from heaventm aka glimmers of vaguer hope:
1 UPsizing, ?? new jobs - Home Depot and Burlington Coat
Factory open at locations bankrupt Kmart recently vacated
vs. doom du jourtm
headlines from helltm
latest from epicenter of Roman church's self-
meltdown = cardinal gags laity and
RC judge tries to gag disclosure
NYT columnist logs Mega-Rant on role-swapsies twixt biz-blinded cardinals & unctuous pols
+ 1 downsizing, totaling 180 jobcuts, reported in New York Times (NYT) & Boston Globe (BG):
20% workforce cut (180 jobcuts) as Comdisco technology & finance flails around trying to emerge from bankruptcy by self-amputation, instead of just trimming its workweek by 20% (to four 8-hr days for whole firm including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together, working, earning & buying 80% as much of their tech & finance as usual
+ 1 work-prep-related suicide:
East German kid gets expelled for faking doctors' excuse-letters for
absenteeism, gets some guns, comes back & blows away 17 people, mostly teachers, & himself
- mini report - bk Time Gap: spot research on Newton & mass -
we're focusing on the
book right now, but if you've seen a news item you'd like our 'take' on, email us -
timesizing in the news, alias glimmers of strategic hope:
the French took their world leadership in workweek reduction for granted, they took for granted their 1% jobless drop for every hour they cut the workweek, they took Jospin's win for granted, but...he 'went away' - will their workweek lead go too?
+ today's headlines from heaventm aka glimmers of vaguer hope:
1 UPsizing, 1000 new jobs - Intel resumes building $2B microchip plant outside Dublin
vs. doom du jourtm
2 downsizings, totaling 7450 jobcuts, reported in NY Times & Boston Globe:
3% workforce cut (7100 jobcuts) as Tyco International the kudzu corporation vacillates again & tries to offset its $23B takeover-driven debt & cuts costs (& customers' customers) instead of just trimming its workweek by 3% (14 mins/day for whole firm including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together, earning & buying 97% as much of their hodgepodge offerings as usual
350 cuts by VeriSign
- mini report - bk Time Gap: patched & indexed ½ preface -
we're focusing on the
book right now, but if you've seen a news item you'd like our 'take' on, email us -
- if you've seen a news item you'd like our 'take' on, email us -
timesizing in the news, aka glimmers of strategic hope:
Mich. nurses rally vs. forced overtime
+ today's headlines from heaventm alias glimmers of vaguer hope:
1 UPsizing, unspecified new jobs - TJX plans 184 new stores
vs. doom du jourtm
1 downsizing, totaling 200 jobcuts, reported in NY Times & Boston Globe:
17% workforce cut (200 jobcuts) as BSA Security software cuts costs (& its best customers)
instead of just trimming its workweek by 17% (to five 6hr38min days for whole firm including
top executives), re-investing overtime savings in overtime-targeted training, & keeping
everyone together working, earning & buying 83% as much security software as usual
+ 1 prison story:
DNA evidence clears Hector Gonzalez of murder after 6 years in jail
- mini report - bk Time Gap: indexed chapter headings -
- if you've seen a news item you'd like our 'take' on, email us -
timesizing in the news, alias glimmers of strategic hope:
the left in France is mad but it's their own fault for just assuming Jospin had enough support
the big German union of unions is sad that wage talks failed but it's their own fault for
not focusing on workweek reduction to make labor a scarce commodity
vs. doom du jourtm
1 downsizing, totaling ?? jobcuts, reported in NY Times & Boston Globe:
unspecified jobcuts as City of Seattle, Washington faces budget cuts
+ 1 bankruptcy story:
Congress to cap 'home' shield in bankruptcy
- mini report - bk Time Gap: kybd'd second path from mass to energy/work level in dimensional ladder -
- if you've seen a news item you'd like our 'take' on, email us -
timesizing in the news, alias glimmers of strategic hope:
new study gives ammo against flouting circadian rhythms with megahours
world champ of shorter hours gets nudged from French presidential race - no big deal
world champ of shorter hours quits politics in sulk - disaster unless groomers can soothe back in
vs. doom du jourtm
- this is the Big One - we are downsizing ourselves into the Great Depression II -
5 downsizings, totaling 27,580 jobcuts, reported in NY Times & Boston Globe:
20% workforce cut (17000 jobcuts) as Ericsson, leading maker of wireless network equipment,
self-amputates in response to fewer orders, instead of just trimming its workweek 20% (to four
8-hour days for whole firm including top executives), re-investing overtime savings in overtime-targeted
training, & keeping everyone together working, earning & buying 80% as much computer stuff as usual
6000 cuts by Lucent
3000 by MeadWestvaco
1300 cuts by Dun & Bradstreet
280 by Guilford Mills
- mini report - bk Time Gap: kybd'd bulletproof defn of time & re-solved for X in: mass x accel x X = work
- if you've seen a news item this weekend you'd like our 'take' on, email us -
weekend roundup per the NY Times & Boston Globe:
9 TIMEsizing stories (??new and saved jobs) 2 UPsizings (?? new jobs)
vs. doom of the week:
17 downsizings totaling over 45,050 lost jobs
3 bankruptcies
1 homelessness item
3 prison stories
2 work-linked suicides
YTD:
157 tmsz(310+ jobs)+42 upsz(24664+=6%)
vs. 261 dnsz(384950+)+59 bkrp($21.7B+)+23 hmls+34 jail+13 suic
- hope of the weekend -
timesizing news:
small-town restauranteur in France squawks about 35-hour workweek
vs. doom of the weekend -
2 downsizings, totaling 113 jobcuts:
63 Mass. jobcuts by Bureau of Special Investigations
10% of workforce cut (50 lost jobs) as D'Arcy Masius Benton & Bowles ad agency responds hysterically to
'recent economic conditions,' instead of just trimming its workweek by 10% (48 minutes a day for whole firm
including top executives), implementing overtime-targeted training and keeping everyone together working,
earning & buying 90% as advertised products as usual
+ 1 prison story:
inmate thanks Boston University for degree
program & pleads for restoration of basic education in face of cutbacks
- mini report: reorged Ch.4 & developed convincing defn of time for Ch.5 of Time Gap -
timesizing in the news, alias glimmers of strategic hope:
consumer spending rises at fastest pace in 14 mons. in shorter-workweek France
vs. doom du jourtm
4 downsizings, totaling 18,060 jobcuts +??, reported in NY Times & Boston Globe:
8% workforce cut (17000 Japan jobcuts) as NTT, world's biggest phone company, freaks over record $7B loss,
instead of just trimming its workweek 8% (38 mins/day for whole firm including top executives), re-investing
overtime savings in overtime-targeted training, & keeping everyone together working, earning & buying 92%
as many phone services as usual
535 cuts as Polaroid shuts landmark Waltham MA plant
525 by Prêt Export in Madagascar
unspecified cuts as Western Massachusetts Regional Library System closes Pittsfield office
+ 1 prison story:
$thousands for the guilty when released, but not a dime for the exonerated
+ 2 work-related suicides:
a Tyson Foods official under indictment for smuggling illegal aliens into U.S.
the pilot who 'accidentally' hit the Milan skyscraper ferried large sums of money around Europe
timesizing in the news, alias glimmers of strategic hope:
Valmont Industries PiRod unit uses shortened workweeks to adjust to sales slump
Reuters tries unsuccessfully to spin workweek reduction as leftist
Toshiba used worksharing to get through a tight period
vs. doom du jourtm
5 downsizings, totaling 9100 jobcuts, reported in NY Times & Boston Globe:
5000 jobcuts by SBC Communications
2000 by Qwest Communications International
3% workforce cut (1000 jobcuts) as PPG Industries suppliers to car, appliance & electronics mfrs over-reacts
to revenue drop, instead of just trimming its workweek 3% (14 mins a day for whole firm including top
executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together
working, earning & buying 97% as many cars, appliances & electronics as usual
1000 cuts by Z-Tel Technologies
100 by Reader's Digest
timesizing in the news, alias glimmers of strategic hope:
(1/10) report describes shorter hours practices in Europe & Australia
vs. doom du jourtm
2 downsizings, totaling 5900 jobcuts, reported in NY Times & Boston Globe:
2.4% workforce cut (4700 jobcuts) as Delphi autoparts cuts costs (& its own markets), instead of just trimming
its workweek 2.4% (12 mins a day for whole firm including top executives), re-investing overtime savings in
overtime-targeted training, & keeping everyone together, earning & buying 97.6% as many autoparts as usual
1200 jobs cut by Tellabs
+ 1 prison story:
Bush supports inmate vs. prison guards who chained him in summer sun for 7 hrs
timesizing in the news, alias glimmers of strategic hope:
recent survey of executives & managers found avg workweek of 54 hrs = back to 1917 level
female part-timers earn 15% more than males but only because more males 16-24 in category
+ today's headlines from heaventm aka glimmers of vaguer hope:
2 UPsizings, ?? new jobs - Wal-Mart & Carrefour each open 3 outlets in China
vs. doom du jourtm
headlines from helltm
Fleet-BankBoston merger a flop
judge OK's Enron retention bonuses
+ 3 downsizings, totaling 140 jobcuts + unspecified, reported in NY Times & Boston Globe:
140 Cambridge Mass. jobs cut as Cereon Genomics shuts down this summer
unspecified cuts as Paradigm Medical Industries closes San Diego plant & as
bankrupt
Global Crossing shuts Beverly Hills office it leased from its own chairman for nearly $½B/mon
timesizing in the news, alias glimmers of strategic hope:
US-style candidate in French presidential election thinks key policy in France's 4%
unemployment drop & current recession-resistance is "absurd" (= 35-hour workweek)
vs. doom du jourtm
- lip service to growth while intelligence-defying downsizing -
2 downsizings, totaling 11,000 jobcuts, reported in NY Times & Boston Globe:
2% workforce cut (7000 jobcuts after last yr's 19,000 cuts) as GE Capital financial services cuts costs
(& its own markets), instead of just trimming its workweek 2% (10 mins a day for whole firm
including top executives), re-investing overtime savings in overtime-targeted training, &
keeping everyone together earning & buying 98% as many financial services as usual
4000 more jobcuts by Corning (after last year's 12,000 cuts)
+ 1 bankruptcy, mentioned in NYT & BG: Exide Technologies, biggest in car batteries, owes $500m
weekend roundup per the NY Times & Boston Globe:
10 TIMEsizing stories (310+new and saved jobs)
2 UPsizings (?? new jobs)
vs. doom of the week:
15 downsizings totaling over 18,218 lost jobs
2 makework stories
3 bankruptcies, totaling over $3.14B debt
4 prison stories
4 work-linked suicide stories
YTD:
148 tmsz(310+ jobs)+40 upsz(24664+=7%)
vs. 244 dnsz(339900+)+56 bkrp($21.7B+)+22 hmls+31 jail+11 suic
- hope of the weekend -
timesizing news:
(1/11) southwest train union in UK wants 38-hour
workweek & ScotRail unions want overtime ban & more staff
vs. doom of the weekend -
1 downsizing report, totaling 850 jobcuts:
29% of workforce cut (850 lost jobs) as Metrocall pagers mutilates itself in bankruptcy,
instead of just trimming its workweek by 29% (to four 7hr-6min days for whole firm
including top execs), implementing overtime-targeted training and keeping
everyone employed, earning & buying 71% as many pagers as before
+ 2 bankruptcies:
Metrocall, #2 pager firm, later this month
WebLink Wireless, #3 pager firm, last May
+ 1 homelessness story:
Stephen Webb happy to now be able to give back by paying taxes
+ 2 prison stories:
reader argues for reinstatement of NY State Prison art program
sperm smuggling from Pennsy prison stopped
- mini report: completed chapter headings of book 3 'Time Gap' & several additions, eg: series in reverse -
timesizing in the news, alias glimmers of strategic hope:
USA Video Interactive furloughs 40% of its Conn. office to cut costs
vs. doom du jourtm
- lip service to growth while downsizing -
headlines from helltm
US age bias claims up 9% last yr, Mass. 31%
+ 1 downsizing, totaling 465 jobcuts, reported in NY Times & Boston Globe:
Avon Products/UK
+ 1 work-related suicide:
another Yugoslavian official opts for death
timesizing in the news, alias glimmers of strategic hope:
GM cuts 1 workweek for 3200 employees this month to avoid layoffs
Bay Area Rail Transport reduces overtime to restrict layoffs to 78
NaviCare software helps greater NYC hospitals reduce overtime
vs. doom du jourtm
headlines from helltm
Mexico lost nearly ½m jobs last yr & Feb. output down nearly 2% on yr
Enron units
traded with each other to hype stockprice
stockholders finally freaking over Wall St 'research' (& exec pay!)
Amnesty International finds torturers already living in US untouched by new border controls
+ 2 downsizings, totaling 830 jobcuts, reported in New York Times & Boston Globe -
6% workforce cut (800 jobcuts) as Swiss Life insurance abreacts to self-inflicted falling profit due to
misguided merger, instead of just trimming its workweek 6% (a ½-hour a day for whole firm
including top executives), re-investing overtime savings in overtime-targeted training, &
keeping everyone together working, earning & buying 94% as much insurance as usual
30 jobcuts by Napster
+ 2 work-related suicide stories:
labor leader estimates 10k joblosses, 50 bankruptcies & 100 supukus every day in ongoing Japan econocrisis
former aide to Milosevic shoots self in head, doesn't quite 'succeed'
- the time dimension is the key to unblocking the logjam of progress -
timesizing in the news, alias glimmers of strategic hope:
overtime cuts last year at Lockheed Martin saved 150 jobs
another group of US nurses put their foot down on forced overtime
group exposes latest Bush welfare proposal as further step in transforming
the 40-hr workweek maximum into a minimum, & bipartisan state-level resistance builds
+ today's headlines from heaventm aka glimmers of vaguer hope:
1 UPsizing, ?? new jobs - Starbucks opens 2 locations in Madrid
vs. doom du jourtm
headlines from helltm
Singapore's economy shrank 2.6% in Q1
+ 1 downsizing, totaling 150 jobcuts, reported in NY Times & Boston Globe -
2.8% workforce cut (150 jobcuts) as Barnes Aerospace reacts to falling profit by self-amputation, instead of
just trimming its workweek 2.8% (13 mins/day for whole firm including top executives), re-investing overtime
savings in overtime-targeted training, & keeping everyone earning & doing 97.2% as much air travel as usual
+ 2 prison stories:
as of last June 30, one out of every 145 U.S. residents was behind bars
U.S. had 4th highest number of executions last year after China, Iran & Saudi Arabia
+ 1 work-related suicide:
policeman in NJ shoots 4 neighbors, his boss & himself
timesizing in the news, alias glimmers of strategic hope:
(2/21) Kevin Shay touts Timesizing on BuzzFlash.com
vs. doom du jourtm
4 downsizings totaling 341 +?? jobcuts, reported in NY Times & Boston Globe -
20% workforce cut (175 jobcuts) as Vitria Technology handshaking software tries to return to profitability by
self-amputation, instead of just trimming its workweek 20% (to four 8-hour days for whole firm including
top executives), re-investing overtime savings in overtime-targeted training, & keeping
everyone working, earning & buying 80% as much computerphanalia as usual
86 jobcuts by Boston public schools
80 French cuts by Lycos Europe
unspecified cuts as Atriax e-currency trading closes
+ 1 prison story:
the 100th innocent man that we nearly executed
since our re-embrace of barbarism in 1976 was just released after 10 years' lockup
- late edition -
- miss yesterday's? see Features below -
timesizing in the news, alias glimmers of strategic hope:
Paris hairdressers demonstrate for more flexible 35-hr workweek
(2/28) several states cut worktime instead of jobs, avoiding 160 layoffs
in Mass. welfare dept. alone & involving 30-hr workweeks in Ind.
+ today's headlines from heaventm aka glimmers of vaguer hope:
1 UPsizing, ?? new jobs - May Dept. Stores to open 212 new locations by end of 2006
vs. doom du jourtm
6 downsizings totaling 14,382 jobcuts, reported in NY Times & Boston Globe -
7000 jobcuts as Arthur Andersen crashes and burns for betraying the basis of its existence
22% workforce cut (3600 jobcuts) as Levi Strauss closes 6 plants leaving only 2 in US, instead of just trimming its workweek 22% (to five 6¼-hr days for whole firm including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning & buying 78% as many jeans as usual
1500 cuts by Shiuhe Electronics
1300 by Japan Tobacco
730 by Enterasys Networks
252 by La-Z-Boy
+ 3 bankruptcies, owing over $3.137B, mentioned in NYT & BG:
Kirch Group in Germany, owing over $3B
Mpower Holding, owing $137m Shiuhe Electronics in China
+ 2 cases of makework:
Bush goes to Knoxville to push his Citizen Corps & volunteer tattlers
McCain & Bayh go to U.Mich. to push their expansion of AmeriCorps
- late edition -
weekend roundup per the NY Times & Boston Globe:
10 TIMEsizing stories (?? new and saved jobs)
4 UPsizings (2800+ new jobs)
vs. doom of the week:
12 downsizings totaling over 8,528 lost jobs
1 makework story
3 bankruptcies, totaling over $863m debt
1 prison story
2 work-linked suicide stories
YTD: 138 timsiz +38 upsz (24664+=8%)
vs.
229 dnsz (321,682+ jbcts)+53 bkrp ($18.55B+)+22 homlss+27 jail+7 suic
- hope of the weekend -
weekend timesizing news:
provincial government in Japan cracks down on nursing-home operator's overtime
+ glimmers of vaguer hope:
city gov't in Boston USA is instituting graduated property tax
vs. doom of the weekend -
headlines from hell:
the 'recovery' - e-learning companies, - IPO markets & - Argentina in toilet
global 'security' - Sharon doesn't get message despite our $3.5B/yr
- world doesn't 'get' us/US
- Bush doesn't 'get' global security
- US/we don't 'get' the rest of the world
+ 1 downsizing report, totaling 2,050 jobcuts:
2050 jobcuts as National Australia Bank, Aussie's biggest & richest, injects worksaving technology, cuts
outback services, joins the herd of CEOs foscused on pestering the top brackets, & cuts costs & markets
+ 1 prison story:
NY prison authorities slam 67,000 inmates to get at one, cancel 35-yr art program
- mini report: completed file conversion of book 3 'Time in the Dimensions'
and 90% rationalization of index for book 2 'Football of History' -
- miss yesterday's? see Features below -
timesizing in the news, alias glimmers of strategic hope:
(4/03) Circadian Technologies says overwork fatigue figured
in Exxon Valdez, Chernobyl & 3 Mile Is. disasters + 25% of highway accidents
+ today's headlines from heaventm aka glimmers of vaguer hope:
Canada's 88,000 new Mar. jobs were most in 25 yrs (but jobless still dropped only to 7.7%)
vs. doom du jourtm
headlines from helltm
rentacar industry follows airlines in ending commissions to travel agents
+ 1 downsizing totaling 1000 jobcuts, reported in NY Times & Boston Globe -
1000 jobcuts as Japan's 2nd biggest lender, Sumitomo Mitsui Banking Group, cleans up bad loans
timesizing in the news, alias glimmers of strategic hope:
35-hour week gives France stronger consumer demand but English press only sees its costs
vs. doom du jourtm
1 industrywide, & 3 corporate downsizings totaling 848 jobcuts, reported in NY Times & Boston Globe -
5% workforce cut (700 jobcuts) as Monsanto closes plants (& slivers of market), instead of just trimming its workweek 5% (24 mins/day for whole firm including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning & buying 95% as much of its frankenfoods as usual
140 cuts by Time Warner Telecom
108 Mich. teachers cut by East Lansing school district
+ 1 prison story:
with 44% released inmates committing new crimes,
Mass. is just starting to wonder why it cut all that release prep & job training for them
+ 2 work-related suicides:
fearing jobloss for sexually abusing woman 20 yrs ago, priest shoots self in Ohio
facing overwork & bullying from coworkers, Japanese woman hanged self 3½ yrs ago & now parents sue
timesizing in the news, alias glimmers of strategic hope:
MFCI Corp. reduces workweek to limit layoffs at its Morehouse-COWLES Div.
Schweiker administration adds nursing staff to reduce costly overtime in Pennsylvania
vs. doom du jourtm
3 downsizings, totaling 4600 jobcuts, reported in NY Times & Boston Globe -
4% workforce cut (3700 jobcuts) as WorldCom 'trims costs' (& its own markets), instead of just trimming its workweek 4% (19 mins/day for whole firm including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning & buying phone services 96% as much as usual
900 cuts by NTT Communications
- mini report: (next book) 'The Time Gap' - started file conversion from Final Word to MS Word -
timesizing in the news, alias glimmers of strategic hope:
86% of Americans would freak if they knew their surgeon had been on duty for 24 hours
more on UK teachers' push for 35-hr workweek &
Japan's push for voluntary worksharing
Circadian Technologies says overwork fatigue figured in Exxon Valdez, Chernobyl
& 3 Mile Is. disasters + 25% of highway accidents
+ today's headlines from heaventm aka glimmers of vaguer hope:
1 UPsizing totaling 2000 new jobs as Hyundai plans plant in Montgomery Ala.
vs. doom du jourtm
3 downsizings, totaling 450 jobcuts + unspecified, reported in NY Times & Boston Globe -
15% workforce cut (300 jobcuts) as CSFB 'trims costs' (& its own markets & throat), instead of just trimming its workweek 15% (to five 6¾ hr/days for whole firm including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning & banking 85% as much as usual
150 definite Me. cuts by Bangor Hydro-Electric
unspecified cuts by Schroders PLC
+ 1 general & 1 specific bankruptcy story, mentioned in NYT & BG:
US wants easier-than-IMF's bondholder vote for restructuring if a country goes broke
world's #3 regional jet builder Fairchild Dornier files
- mini report: (next book) 'The Time Gap' - started convert file from Final Word to MS Word -
timesizing in the news, alias glimmers of strategic hope:
some Japanese firms voluntarily considering worksharing to preserve jobs
+ today's headlines from heaventm aka glimmers of vaguer hope:
2 UPsizings - Winnebago plans new assembly plant in Iowa &
- Biogen plans new mfg plant in Denmark
vs. doom du jourtm
1 bankruptcy, mentioned in NYT & BG:
Covanta Energy
+ 2 downsizings, totaling 1630 jobcuts, reported in NY Times & Boston Globe -
3% workforce cut (1600 jobcuts) as world's biggest ad agency Interpublic Group of Cos. reduces costs (& winds up cutting its own markets & throat), instead of just trimming its workweek 3% (15 mins/day for whole firm including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning & buying 97% as many advertised products as usual
30 cuts by Xybernaut
- reached goal: finished (book) 'Football of History' - mini report: completed indexing/patching Appx.E, 'Additional Background Wrinkles,' compiled index & table of contents, printed all
Mar/2002
Feb/2002
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.