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
10/30/2002 wed
10/29/2002 tue
week ending 10/27-28/2002
10/26/2002 sat (re fri biz)
10/25/2002 fri
10/24/2002 thu
10/23/2002 wed
10/22/2002 twos day
week ending 10/20-21/2002
10/19/2002 sat (re fri biz)
10/18/2002 fri
10/17/2002 thu
10/16/2002 wed
10/15/2002 tue
week ending 10/13-14/2002
10/12/2002 sat (re fri biz)
10/11/2002 fri 10/10/2002 thu
10/09/2002 wed
10/08/2002 tue
week
ending 10/06-07/2002
10/05/2002 sat (re fri biz)
10/04/2002 fri
10/03/2002 thu
10/02/2002 wed
10/01/2002 tue
Click here for dooms du jour in -
Questions, comments, feedback? Phone 617-623-8080 (Boston) or email us.
- 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
- 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
- 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
** 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
- 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
- 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.
- 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
- 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
- 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)
** 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
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
- 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
- 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
- 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
- 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
** 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
- 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 helltm
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
- 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 helltm
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
- 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 -
- 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 helltm
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.
- 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
/// 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
- 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
- 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
- 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
- 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
- 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
Sept/2002
Aug/2002
July/2002
June/2002
May/2002
Apr/2002
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.