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
- 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 -

4/28-29/2002
- 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 -

4/27/2002 sat (re fri biz)
- 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 -

4/26/2002 fri
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 -

4/25/2002 thu
- 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 -

4/24/2002 wed
- 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 -

4/23/2002 tue
- 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

4/21-22/2002
- 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 -

4/20/2002 sat (re fri biz)
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

4/19/2002 fri
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

4/18/2002 thu
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

4/17/2002 wed
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

4/16/2002 tue
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

4/14-15/2002
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 -

4/13/2002 sat (re fri biz)
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

4/12/2002 fri
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'

4/11/2002 thu
- 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

4/10/2002 wed
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

4/09/2002 tue
- 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

4/07-08/2002
- 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' -

4/06/2002 sat (re fri biz)
- 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

4/05/2002 fri
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

4/4/2002 thu
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 -

4/03/2002 wed
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 -

4/02/2002 tue
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


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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.

Questions, comments, feedback? Phone 617-623-8080 (Boston) or email us.


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