Timesizing® Associates

hopes/dooms du jour, Oct/2002
[Commentary] ©2002 Phil Hyde, The Timesizing Wire, Box 117, Harvard Sq, Cambridge MA 02238 USA (617) 623-8080 - HOMEPAGE


10/31/2002  thu
- readers - website $cash crisis looms - pls. mail $25 annual ‘subscription’
check to Timesizing.com, Box 622, Cambridge, MA 02140 ($50 gets a set of bks) -

primitive TIMEsizing in the news = strategic hope:
• Brit teachers' unions press for shorter hours but squawk at proposal to cut their workload
+ vaguer hope/headline from heaventm  • standard biparty US line pro squishy immigration laws contested in WSJ   • standard biparty US line vs. taxes has zilch economic evidence   • Canada's PM may have blocked a big bank merger
vs.  doom du jourtm  
6 DOWNsizings, totaling 12,930 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 4% workforce cut (5500 lost jobs) as Electronic Data Systems (EDS) over-reacts to souring big contracts, instead of just trimming its workweek 4% (19 minutes a day for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & buying 96% as much data as usual
• 3000 more jobcuts by Nortel   • 2200 cuts by Corning  
• 1500 by Boeing   • 650 by DuPont   • 80 by Lehman Brothers Holdings European unit
+ 1 bankruptcy, mentioned in Wall St Journal &/or NY Times: • GFinancial, formerly
known as Gruntal Financial; & affiliate, GCO Services LLC, f/k/a Gruntal & Co.
+ today's headlines from helltm • recession is pouring art onto the market  
• wealthy do some pre-emptive squealing about how much tax they pay
- book status report on "Defining Time" & "Football of Time": picked up books on Tuesday

10/30/2002  wed
- readers - website $cash crisis looms - pls. mail $10 annual ‘subscription’
check to Timesizing.com, Box 622, Cambridge, MA 02140 ($20 gets you a book) -

basic TIMEsizing in the news = strategic hope:
• good news amid bad news - Exfo Electro-Optical of Que. is in trouble, but is
offering 4-day workweeks or 4-wk Xmas leaves instead of deeper jobcuts
• bad news amid good news - So. Korea is cutting from 44 to 40-hr
workweek, but 'Korean AFL-CIO' is protesting
vs.  doom du jourtm  
7 DOWNsizings, totaling 2089 +?? lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 710 jobcuts by CIBC   • 675 jobcuts by DaimlerChrysler's Freightliner unit   • 500 jobcuts by Broadwing
• 20% workforce cut (100 lost jobs) as Credit Suisse First Boston (CSFB) slashes stock research staff (& its own markets), instead of just trimming its workweek 20% (to four 8-hour days for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & buying 80% as many stocks & banking services as usual
• 100 jobcuts by Vail Resorts   • 4 jobcuts by CIBC World Markets  
• unspecified jobs lost as PowerUp shuts down... its national office
+ makework rampant: • U.S. colleges, desperate for young people to delay entry
into job markets, are locked into patronizing proliferating high-tech bells&whistles
+ today's headlines from helltm • Conf. Bd. says consumer confidence only worst in 9 yrs, not 10  
Weekly Dig, Boston's newspaper for 20-somethings, provides brassy 'guide for the class warrior'
- book status report on "Defining Time" & "Football of Time": picked up books on Tuesday

10/29/2002  tue
- readers - website $cash crisis looms - pls. mail $10 annual ‘subscription’
check to Timesizing.com, Box 622, Cambridge, MA 02140 ($20 gets you a book) -

TIMEsizing consciousness in the news = strategic hope:
• the good news - another Seattle article on Take Back Your Time Day
• the bad news - another overwork death in Japan, during disaster relief
+ vaguer hope/headline from heaventm  • 1 UPsizing - unspecified
new jobs as Peugeot-Citroen plans plant in Central Europe
vs.  doom du jourtm  
2 DOWNsizings, totaling 265 +?? lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 20% workforce cut (265 lost jobs) as Veeco Instruments semiconductor equipment worsens a 36% drop in sales, instead of just trimming its workweek 20% (to four 8-hour days for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & buying 80% as much computer stuff as usual
• unspecified NYC jobs lost as Chelsea Jeans closes at Ground Zero
+ makework rampant: • private-sector makework - Canuck engineering firm
so desperate for work throughout '90s that they went to Africa & bribed officials
+ 1 prison item: • America's biggest private prison operator settles with IRS, agrees to pay $54m on '97 taxes
+ work-related suicide: • older male nursing student with military background, angry over failing his coursework, blows away 3 instructors & himself at U.Ariz. in Tucson
+ today's headlines from helltm • uncertainty swamps economic happytalk   • overwork is the price of keeping your job   • U.S. workplace turns anxious & angry   • 2001 crime rate up for 1st time in 10 yrs

week ending 10/27-28/2002
** six issues per week - average hits per issue last week = 86 **
- readers - website $cash crisis looms - pls. mail $10 annual ‘subscription’
check to Timesizing.com, Box 622, Cambridge, MA 02140 ($20 gets you a book) -

weekend roundup, from the Wall Street Journal (WSJ) & the New York Times (NYT):
• 9 TIMEsizing stories (?? jobs saved)   • 5 UPsizings (250+ new jobs) reported

vs. doom of the week:
• 17 DOWNsizings, totaling over 18,759 lost jobs   • 7 bankruptcies  
• 1 homelessness story   • 1 work-linked suicide story   • 1 makework item (500 new 'jobs,' YTD 147400)

‹‹YTD: 437 tmsz(82530+ jobs)+133 upsz(99202+=24%) vs. 648 dnsz(932446+)+159 bkrp($72.3B+)+57 hmls+70 jail+35 suic››
- hope of the weekend -
timesizing consciousness in the news:
• 21% of Japanese men work over 18 hours of overtime a week

vs.   doom of the weekend -
headline from hell: • why overwork when there's no markets?!
+ 2 downsizings, totaling 86 +?? jobcuts reported in WSJ &/or NYT:
• 39% of workforce cut (86 lost jobs) as CNBC Pacific panics over slump in advertising, instead of just trimming its workweek by 39% (to four 6hr6min days for whole firm including top executives), implementing overtime-targeted training & keeping everyone together working, earning & buying 61% as much advertising as usual
• unspecified cuts coming up at GE Equity
+ 2 bankruptcies: • Glenoit LLC et al.   • FTC^Deltacom
+ 1 prison item:  • Arab American says we should look in mirror
before we slam Saddam cuz we've both locked up many mere dissenters

10/26/2002  sat (re fri biz)
- readers - website $cash crisis looms - pls. mail $10 annual ‘subscription’
check to Timesizing.com, Box 622, Cambridge, MA 02140 ($20 gets you a book) -

primitive TIMEsizing in the news:
• do-it-yourself home improvement industry
acknowledges its debt to reduction of workweek from 6 to 5 days
vs.  doom du jourtm  
no downsizings in WSJ or NYT today, but...
1 layoff-inducing takeover as Flowers Foods buys Ideal Baking in low-wage South
+ today's headlines from helltm • consumer confidence lowest in 9 years, durable goods lowest in 10 mons. 
• Chinese banking in trouble - more bad debts, relative to size of economy, than even Japan

10/25/2002  fri
- readers - website $cash crisis looms - pls. mail $10 annual ‘subscription’
check to Timesizing.com, Box 622, Cambridge, MA 02140 ($20 gets you a book) -

primitive TIMEsizing in the news:
• England's Derby County Soccer Club offers job sharing & may cut workhours to avoid layoffs
vs.  doom du jourtm  
6 DOWNsizings, totaling 9110 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 0.7% workforce cut (3100 lost jobs) as ABB heavy equipment continues & heightens hysteria,
instead of just trimming its workweek 0.7% (6 minutes a day for whole company including top
executives), re-investing overtime savings in overtime-targeted training, & keeping everyone
together working, earning & shopping 99.3% as much as usual
• 1900 jobcuts by Duke Energy   • 1700 jobcuts by Eastman Kodak  
• 1400 jobcuts by US Airways   • 1000 jobcuts by Citigroup   • 10 by Adobe
+ makework rampant: • Express Scripts loses biz-sector contract with Aetna but gets
bigger, gov't-sector contract from Defense Dept. = 500 new artificial jobs funded by taxpayers
- book status report on "Defining Time" & "Football of Time": printer promises to deliver books on Tues.

10/24/2002  thu
- readers - website $cash crisis looms - pls. mail $10 annual ‘subscription’
check to Timesizing.com, Box 622, Cambridge, MA 02140 ($20 gets you a book) -

TIMEsizing in the news:
• primitive worksharing - USA went from a 42-hr to a 40-hr workweek on this day in 1940
• pseudo worksharing - NEC has the largest discretionary working-hour system in Japan
+ today's headlines from heaventm  • 3 UPsizings, 250 +?? new jobs - 150 in Germany & ?? in Shanghai at GE - 100 at Banc One Capital Markets - unspecified at Rumsfeld's new spy unit
• Wall Street is reconsidering long-taboo idea of controlling capital flight
vs.  doom du jourtm  
3 DOWNsizings, totaling 769 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 2.4% workforce cut (340 lost jobs) as Kennametal industrial tools over-reacts to economic uncertainty & winds up worsening it, instead of just trimming its corporate workweek 2.4% (12 minutes a day for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & buying 97.6% as many products made with industrial tools as usual
• 229 jobcuts by United Airlines   • 200 by Aquila
+ homelessness in the news: • Massachusetts shelters are operating at 115% of capacity
+ today's headline from helltm • readers note frontpage juxtaposition of latest sniper killing & foto of screaming NRA prez waving rifle
- book status report on "Defining Time" & "Football of Time": discovered that printer is liquidating

10/23/2002  wed
- readers - website $cash crisis looms - pls. mail $10 annual ‘subscription’
check to Phil Hyde, Timesizing.com, PO Box 622, Cambridge-B, MA 02140 USA -

TIMEsizing in the news:
• good news - 10,000 Kaiser Permanente nurses in California win ban on mandatory overtime
• bad news - France's myopic investor class sees only adverse effects of 35-hr workweek
+ today's headline from heaventm  • 1 UPsizing - unspecified
new Mcjobs as McDonald's opens 600 units next year
vs.  doom du jourtm  
3 DOWNsizings, totaling 2800 +?? lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 1% workforce cut (2800 lost jobs) as IBM closes one of its 3 Hungarian units (& kills off dependent consumer markets), instead of just trimming its corporate workweek 1% (5 minutes a day for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & buying 99% as much computerphanalia as usual
• unspecified cuts by Maxtor, & • by KLA-Tencor
+ 2 bankruptcies, mentioned in Wall St Journal &/or NY Times: • Copperweld
• 3 jointly administered bankruptcies linked to Sunbeam's 2/01 bust finally surface:
AI Realty Marketing of New York; Laser Acquisition, DDG I; & Sunbeam Americas Holdings
+ today's headline from helltm • biggest-yet denial-of-service attack interrupted Internet traffic for 1 hr on Mon.
- book status report on "Defining Time" & "Football of Time": discovered that printer is liquidating

10/22/2002  two’s day
- readers - website $cash crisis looms - pls. mail $10 annual ‘subscription’
check to Phil Hyde, Timesizing.com, PO Box 622, Cambridge-B, MA 02140 USA -

TIMEsizing in the news:
• another great op ed, & share-the-work discussion started, by Sean Gonsalves
vs.  doom du jourtm  
5 DOWNsizings, totaling 6,080 +?? lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 11% workforce cut (4000 lost jobs) as Agilent Technologies cuts staff (& markets), instead of just trimming its corporate workweek 11% (to five 7hr,7min days for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & buying 89% as much electronics as usual
• 1250 jobcuts by United Airlines   • 500 by Texas Instruments   • 330 by Dynegy  
• unspecified cuts by Continental Airlines
+ today's headline from helltm • leading indicators drop 4th time in 4 months (3 = recession)

week ending 10/20-21/2002
** six issues per week - average hits per issue last week = 67 **
- regular readers - website $$ crisis looms - pls. rush $10/yr donation
to Phil Hyde, Timesizing.com, 10 Carver St, Somerville MA 02143 USA -

weekend roundup, from the Wall Street Journal (WSJ) & the New York Times (NYT):
• 10 TIMEsizing stories (?? jobs saved)

vs. doom of the week:
• 18 downsizings, totaling over 21,640 lost jobs   • 4 bankruptcies
• 3 homelessness stories   • 2 prison stories   • 1 work-linked murder-suicide

‹‹YTD: 428 tmsz(82530+ jobs)+128 upsz(98952+=25%) vs. 631 dnsz(913687+)+152 bkrp($72.3B+)+56 hmls+70 jail+34 violnc››
- hope of the weekend -
timesizing consciousness in the news:
• United Airline pilots already average a 20-hour workweek
• meanwhile, US nuke employees often work six 12-hour days
+ headlines from heaven: • 1 UPsizing - unspecified new jobs at Horseshoe Casino in Miss.

vs.   doom of the weekend -
headlines from hell: • 20-somethings laid off by Wall Street party at NYC clubs on severance & unemployment
+ 5 bankruptcies: • Moltech Power Systems  • TransCare  • Peregrine Systems  • DESA Holdings  • Denali Inc...
+ 1 work-related suicide story: • suicide rate for US college students has tripled in last 2 generations

10/19/2002 sat (re fri biz)
primitive timesizing in the news:
• (6/25)   'Globalist' spins France's 35-hr workweek as sop to employees while their benefits were eroded (or was the benefit fiddling actually the sop to employers while the 35-hr week centrifuged their sluggish spending power?!)
vs.  doom du jourtm  
- slow news day - running out of companies to merge & employees to lay off? -
2 prison items: • NY state deprives people of vote even if they're just on parole, &
• locks up harmless mentally ill in nursing homes without right to lawyers or hearings
+ homelessness in the news: • NY Times thinks mayor's 'Bloomberg Plan' is
first in history to create clear route to permanent housing for homeless

10/18/2002 fri
- regular readers - website $crisis looms - pls. snailmail $10/yr (or $5/mon. if flush)
donation to Phil Hyde, Timesizing.com, 10 Carver St, Somerville MA 02143 USA -

timesizing consciousness in the news:
• union president at Boeing wants to cut the overtime
& 'spread the work around' - instead of more layoffs
vs.  doom du jourtm  
- the wealthy cannot keep downsizing & paycutting everyone
else & still expect to have marketable productivity to invest in
-
6 downsizings, totaling 14,170 +?? lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 12% workforce cut (8000 lost jobs) as Delta Airlines pursues its death spiral & fuels it for others, instead of just trimming its corporate workweek 12% (to five 7hr,2min days for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & flying 88% as much as usual
• 4000 jobcuts by Sun Microsystems   • 2000 by Textron   • 120 as Rosie magazine folds
• 50 as Port Gibson Oil Mill closes   • unspecified cuts by Broadcom
+ homelessness in the news: • NYC is pouring burgeoning homeless into hotels, & neighbors are squawking

10/17/2002 thu
- regular readers - website $crisis looms - pls. snailmail $10/yr (or $5/mon. if flush)
donation to Phil Hyde, Timesizing.com, 10 Carver St, Somerville MA 02143 USA -

primitive timesizing & timesizing consciousness in the news:
• (10/16)  French 'conservatives' dilute the 35-hour workweek
& drag the nation back from the cutting edge of human progress
vs.  doom du jourtm  
6 downsizings, totaling 6495 +?? lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 5% workforce cut (5000 lost jobs) as Honeywell closes more plants (& zaps more of its customers' customers), instead of just trimming its corporate workweek 5% (24minutes/day for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning & shopping 95% as much as usual
• 750 jobcuts by Weyerhaeuser   • 450 by Dynegy   • 250 by Adobe
• 45 as Sports Illustrated Women shuts down   • unspecified cuts by Knight Trading Group
+ 1 bankruptcy, mentioned in Wall St Journal &/or NY Times: • Clark Retail Enterprises goes Chap. 11
+ work-related suicide: • sacked civil servant in Kamloops, Canada, comes baaack with gun, kills 2, then self

10/16/2002 wed
- regular readers - website $crisis looms - pls. snailmail $10/yr (or $5 a mon. if flush)
'giveback' to Phil Hyde, Timesizing.com, 10 Carver St, Somerville MA 02143 USA -

primitive timesizing & timesizing consciousness in the news:
• biggest Russian carmaker, Avtovaz, averts layoffs with a 2-week plant shutdown
• US employees, wings clipped by outdated 40-hr workweek, increase 'personal' absenteeism
• op ed re 'timesizing, not downsizing' appears in Seattle Post-Intelligencer & Cape Cod Times
• Boston shorter worktime coalition met last eve in Chinatown over sweet&sour chicken
+ today's headline from heaventm  • 1 UPsizing - unspecified
new Chinese jobs as Toyota plans plant in Tianjin
vs.  doom du jourtm  
no downsizings in the WSJ or NYT today, but 5 layoff-inducing takeovers, totaling $393m in value
+ 1 bankruptcy, mentioned in Wall St Journal (WSJ) &/or NY Times (NYT): • McCrory Corp. in Chap. 11
+ today's headlines from helltm • D.C. area businesses, still suffering from 9/11, report worse since snipings
• Wall Street Journal shrinks stories on NASDAQ's disciplining of Wall Street to illegibly microscopic font
• depression signal = banks tightening up on credit

10/15/2002 tue
- US Columbus Day holiday, Canadian Thanksgiving yesterday, so slow newsday today as US media make usual assumption that nothing happened elsewhere -
primitive timesizing in the news:
• Agilent Technologies timesizes wage workers 1 day/mon. to avoid downsizing
• Caterpillar timesizes 3,270 employees for up to 2 weeks to avoid downsizing
+ today's headline from heaventm  • 1 UPsizing: unspecified new British jobs
as Burberry's opens 13 new stores
vs.  doom du jourtm  
today's headlines from helltm • US electric utilities in worst credit crunch since the Depression
• many companies are cutting employee pay, thus fueling death spiral of dampened consumer demand
+ 4 downsizings, totaling 462 +?? lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 51% workforce cut (375 lost jobs) as OpenTV software closes 8 regional offices, instead of just slashing its corporate workweek 51% (to four 4hr,54min days for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & buying 49% as much TV software as before
• 60 by Fleishman-Hillard   • 27 jobcuts by IntraBiotics Pharmaceuticals   • unspecified cuts by Conductus

week ending 10/13-14/2002
** six issues per week - average hits per issue last week = 55 **
**  we offer free consulting to any novelists or playwrights interested in setting a
future story in a timesizing or beyond-timesizing world  **
weekend roundup, from the Wall Street Journal (WSJ) & the New York Times (NYT):
• 7 TIMEsizing stories (?? jobs saved) & • 0 UPsizings (0 new jobs) reported

vs. doom of the week:
• 28 downsizings, totaling over 55,909 lost jobs   • 1 makework item (?? new "jobs," YTD 146900)
• 1 eroded-retirement story   • 5 bankruptcies, totaling $?? in debt   • 2 work-linked murder/suicide stories

‹‹YTD: 418 tmsz(82530+ jobs)+128 upsz(98952+=26%) vs. 613 dnsz(892047+)+148 bkrp($72.3B+)+53 hmls+68 jail+33 violnc››
- hope of the weekend -
timesizing consciousness in the news:
• new data contradicts attempts to spin shorter worktime as less productive
• long workdays discourage small organic farmers, in view of new gov't paperwork

vs.   doom of the weekend -
2 downsizings, totaling 513 jobcuts reported in NYT:
• 6% of workforce cut (450 lost jobs) as Bank of America's global investment-banking spooks over slumping business, instead of just trimming its workweek by 6% (29 minutes a day for whole firm including top executives), implementing overtime-targeted training & keeping everyone together working, earning & banking 75% as much as usual
• 63 jobcuts as Northwest Airlines expands misnamed "furloughs" for pilots
+ 2 bankruptcies: • Pinnacle Towers  • Stations Holding Co.
+ homelessness in the Sun. & Mon. New York Times:
• homeless-friendly Santa Monica is reaching its limit
• NYC officials are trying to ignore growing problem

10/12/2002 sat (re fri biz)
- regular readers - website $$ crisis looms - pls. snailmail $10/yr (or $5/mon if $plenty)
$donation to Phil Hyde, Timesizing.com, 10 Carver St, Somerville MA 02143 USA -

pervasive primitive timesizing unreported in the news:
• (8/16)  ISM & Fed data show manufacturers overall are trimming workforce and workweek
vs.  doom du jourtm  
today's ‘headline from hell’tm • another diatribe on the leaderless Dems
+ 3 downsizings, totaling 11,850 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 22% workforce cut (10,000 more lost jobs) as Lucent pushes deeper into its death spiral, instead of just trimming its corporate workweek 22% (to five 6hr,54min days for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning & buying 78% as many phone services as usual
• 1600 jobcuts by Maytag   • 250 by Crown Castle International  

10/11/2002 fri
- regular readers - website $$ crisis looms - pls. snailmail $10/yr (or $5/mon if $plenty)
$donation to Phil Hyde, Timesizing.com, 10 Carver St, Somerville MA 02143 USA -

timesizing consciousness in the news:
• Colo. state employees are taking 3 days off without pay to avoid jobcuts
• Timesizing takes a current hiring tendency & designs it to be guaranteed
+ today's headline from heaventm  • FCC blocks EchoStar-DirecTV 'trust'-forming attempt
vs.  doom du jourtm  
today's ‘headline from hell’tm • dismal September sales
+ 4 downsizings, totaling 1082 +?? lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 14% workforce cut (630 lost jobs) as Rayovac cuts post-merger overlap (& 630 consumers in its own best market), instead of just trimming its workweek 14% (to four 6hr,53min days for whole company including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning & buying 86% as many batteries as before
• 352 jobcuts by Philips Electronics   • 100 net cuts by Meadwestvaco   • ?? cuts by American Electric Power
+ makework rampant: • House of nonRepresentatives bloats Pentagon spending by $37.5B to over $355B
+ eroding retirement: • the 360 firms in the S&P500 that still have pension plans will be $243 billion
short (21%) in covering their pension liabilities by Dec. 31

10/10/2002 thu
- regular readers - website financial crisis looms - pls. send $10/yr (or more if 'flush')
$donation to Phil Hyde, Timesizing.com, 10 Carver St, Somerville MA 02143 USA -

timesizing consciousness in the news:
• Asia-Pacific area engineers worked longer hours so far in 2002
vs.  doom du jourtm  
7 downsizings, totaling 15,500 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 20% workforce cut (8100 lost Italian jobs) as Fiat reacts disastrously to slumping auto sales, instead of just trimming its workweek 20% (to four 8-hour days for whole company including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & buying 80% as many cars as usual
• est. 3000 Euro jobcuts by Philips Electronics   • 2000 cuts by Abbott Labs   • 1700 by AT&T Comcast  
• est. 400 by Dow Jones   • 200 by Cummins   • 100 NJ & UK cuts by WHX
+ 1 bankruptcy, mentioned in Wall St Journal (WSJ) &/or NY Times (NYT):
• Enron-fragged EOTT Energy Partners files for Chap.11 bankruptcy protection
- book status report on "Defining Time" & "Football of Time": rechecked proofs -

10/09/2002 wed
- to save the work ethic, we must turn from makework to worksharing -
timesizing consciousness in the news:
• (9/30)   'Take Back Your Time' Day is scheduled
for October 24 next year thanks to KCTS TV's John de Graaf
vs.  doom du jourtm  
today's ‘headlines from hell’tm
• US household debt explodes to 100% of income = highest on record
• CIA says Iraq on brink of war would use terror - so 'let sleeping dogs lie'!
+ 5 downsizings, totaling 19,025 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 6% workforce cut (15500 lost jobs) as Deutsche Telekom reduces costs (& markets) instead of just trimming
its workweek 6% (29 minutes a day for whole company including top execs), re-investing overtime savings in
overtime-targeted training, & keeping everyone together working, earning & phoning 94% as much as usual
• 2800 jobcuts by GE Aircraft Engines   • 500 by Raytheon   • 140 by Weyerhaeusaer   • 85 by Inktomi
+ 2 bankruptcies, mentioned in Wall St Journal (WSJ) &/or NY Times (NYT):
• Integrated Telecom Express Inc files Chapter 11   • US Diagnostic Inc is already 'in'
+ work-related suicide: • Japan's slump has triggered a suicide rate double that of the U.S.

10/08/2002 tue
- miss yesterday's hope du jour? see Features below -
primitive timesizing in the news:
• South Korea's Hyundai Motor agrees to cut back to an 8-hour day to counteract worker fatigue
vs.  doom du jourtm  
8 downsizings, totaling 4452 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 7% workforce cut (1700 lost jobs) as Credit Suisse First Boston overreacts to the bear market thereby worsening it, instead of just trimming its workweek 7% (34 minutes a day for whole company including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & shopping 93% as much as usual
• 1650 jobcuts by Royal Dutch/Shell   • 662 by US Airways   • 202 by Pechiney   • 130 by Crown Media
• 75 by Upside mag   • 33 by Mutual Funds mag   • 20 by Cell Pathways
+ 2 bankruptcies, mentioned in Wall St Journal (WSJ) &/or NY Times (NYT):
• KCA (f/k/a Kellstrom Commercial Aircraft) & DC-9 Aircraft Holdings et al. jointly file Ch. 11, plus   • Jazztel

week ending 10/06-07/2002
/// six issues per week (caught up!) - average hits per issue last week = 63 \\\
**  we offer free consulting to any novelists or playwrights interested in setting a
future story in a timesizing or beyond-timesizing world  **
weekend roundup, from the Wall Street Journal (WSJ) & the New York Times (NYT):
• 12 TIMEsizing stories (?? jobs saved) & • 3 UPsizings (2,100+ new jobs) reported

vs. doom of the week:
• 13 downsizings, totaling 6,407 lost jobs   • 1 makework item (900 new "jobs," YTD 146900)  
• 5 bankruptcies, totaling $?? in debt   • 1 homelessness story   • 1 prison story • 3 work-linked murder/suicides

‹‹YTD: 411 tmsz(82530+ jobs)+128 upsz(98952+=27%) vs. 585 dnsz(836138+)+143 bkrp($72.3B+)+53 hmls+68 jail+31 violnc››
- hope of the weekend -
pre-timesizing consciousness in the news:
• Israel depends on hi tech & still has 10.5% joblessness
& 18-hour days for some still working = prime spot for timesizing

vs.   doom of the weekend -
1 downsizing, totaling 4000 jobcuts reported in WSJ & NYT:
• 25% of workforce cut (4000 lost jobs) as JP Morgan reacts to, & intensifies, the ''slew of dud loans', instead
of just trimming its workweek by 25% (five 6-hour days for whole firm including top executives), implementing
overtime-targeted training & keeping everyone together working, earning & shopping 75% as much as usual
+ 1 work-related murder: • M-F Navy sailors argue on 6th floor of NY hotel & one pushes other out window

10/05/2002 sat (re fri biz)
- miss yesterday's hope du jour? see Features below -
primitive timesizing in the news:
• France turns against its major area of world leadership, the 35-hr workweek, & bashes it for
the 'input price inflation' that is centrifuging & activating France's spending power
• Boston janitors' union takes Dutch approach & reduces workweek
required for benefits from 29 to 27½ hours
+ today's headlines from heaventm   • 3 UPsizings, totaling 2,100 +?? new jobs:
- 1,100 new jobs for women at Rent-A-Center thanks to sex-bias lawsuit 
- 1,000 new jobs at Chrysler Ram Assembly Plant outside Detroit 
- unspecified jobs at new Marriott Residence Inn Capitol in DC
vs.  doom du jourtm  
today's headlines from helltm • 6th week ends down in stocks
• 43,000 jobs cut in September to push the economy, and stocks, lower
+ 1 downsizing, totaling 110 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 3.6% workforce cut (1350 lost jobs) as Dow Chemical cuts costs (& consumers), instead of just trimming its workweek 3.6% (18 minutes a day for whole company including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & shopping 96.4% as much as usual

10/04/2002 fri
- miss yesterday's hope du jour? see Features below -
primitive timesizing in the news:
• Japan is trying to subsidize its way into work sharing &
out of recession, but the subsidies are too small & so's the response from employers
vs.  doom du jourtm  
- but "you can't base economic recovery on consolidation & downsizing" -
3 downsizings, totaling 2308 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 7% workforce cut (1350 lost jobs) as EMC data storage blames (& worsens) "weak demand for high-tech goods," instead of just trimming its workweek 7% (34 minutes a day for whole company including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & storing 93% as much as usual
• 950 jobcuts as Black & Decker's UK unit moves jobs to Czech Republic  
• 8 cuts as Forbes closes its occasional ASAP supplement
+ 1 bankruptcy & 1 liquidation, mentioned in Wall St Journal (WSJ) &/or NY Times (NYT):
• York Research for itself & as successor by merger to
Cogeneration Technologies & West Texas Renewable files Ch. 11
• New York branch of PT Bank Central Asia TBK voluntarily liquidates
+ homelessness in the news: • the 2 stars of "Bumfights" video sue the 2 producers

10/03/2002 thu
- miss yesterday's hope du jour? see Features below -
almost primitive-timesizing in the news:
• Northwest Airlines tries to avoid layoffs by inviting 1600
voluntary 1-12 month leaves with retained seniority but no healthcare benefits
vs.  doom du jourtm  
3 downsizings, totaling 319 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 3% workforce cut (200 lost French & US jobs) as Storage Technology outsources developoment & manufacturing, instead of just trimming its workweek 3% (14 minutes a day for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & storing 97% as much as usual
• 70 US jobcuts as Bon-Ton Stores closes distrib ctr   • 49 by Nicholas-Applegate Funds
+ 1 item on work-related war/murder/suicide: • W.H.O. says suicide claims nearly as many lives as war & murder combined

10/02/2002 wed
- miss yesterday's hope du jour? see Features below -
timesizing consciousness in the news:
• Best Software's For Life campaign helps small businesses control pressures toward overwork
• Working Today agency provides affordable health insurance for NYC contingent workers
• Boston janitors strike for longer hours, thus disempowering themselves further
vs.  doom du jourtm  
3 downsizings, totaling 875 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 330 jobcuts as Eaton Corp. closes autoparts plant in Mooresville NC & moves jobs to Mexico
• 0.5% workforce cut (295 lost US jobs) as Saks consolidates stores (& consumer spending),
instead of just trimming its workweek 0.5% (4 minutes a day for whole company including
top executives), re-investing overtime savings in overtime-targeted training, & keeping
everyone together working, earning & shopping 99.5% as much as usual
• 250 jobcuts as Hamilton Sundstrand aircraft gear closes 2 offices
+ 1 bankruptcy, mentioned in Wall St Journal (WSJ) &/or NY Times (NYT):
• 360networks of Vancouver BC filed last year owing $2.7B & is now emerging

10/01/2002 tue
- miss yesterday's hope du jour? see Features below -
timesizing consciousness in the news:
• French 35-hour workweek is helping their digestion
+ today's headlines from heaventm   • M&A activity down, lessening layoff pressure
vs.  doom du jourtm  
makework rampant: • Buzz Hargrove gets Ford Canada to provide work for 900 targeted layoffs
+ 3 downsizings, totaling 2795 lost jobs, reported in Wall St Journal (WSJ) &/or NY Times (NYT):
• 5% workforce cut (1695 lost US jobs) by Fidelity Investments, instead of just trimming its workweek
5% (24 minutes a day for whole company including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning & investing 95% as much as usual
• 800 jobcuts by Cessna Aircraft   • 300 by CTS
+ 1 prison item: • another man freed on DNA evidence after spending
half his life behind bars on fuzzy evidence connecting him to rape in Montana
+ 1 case of work-related suicide/mass murder: • captain of Senegalese ferry boards
twice as many passengers as ferry could hold - resulting capsize kills 970


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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.

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


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