Timesizing® Associates

hopes/dooms du jour, December 2-31, 2003
[Commentary] ©2003 Phil Hyde, The Timesizing Wire, Box 117, Harvard Sq, Cambridge MA 02238 USA (617) 623-8080 - HOMEPAGE


12/31/2003 wed
- all 679 files: # visitors yesterday 12/30/tue:509 (12/31/2002/tue: 434 incl.spiders) -

  • 1 DOWNsizing story reported in WSJ or NYT: • 113 jobcuts as RadianExpress.com shuts down
  • 1 bankruptcy reported in WSJ &/or NYT:  • Aqua-Novus in Chap. 11 liquidation
  • eroding retirement: • corporate pensions face pressure despite stock rally vs.  glimmers of hope = headlines from heaven
    TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
    • Beijing caps monthly overtime at 36 hours (avg. 9 hrs/wk, one more than EU)
    • longer period of rest mandated for US truckers (but on-duty hours lengthened?)
    • slim majority of America West pilots concedes to mgmt & agrees to longer hours
    • employee morale in England depressed by unpaid overtime
    • Australian parents are questioning how they can work 50, 60, 70 hours & still have a family life

    12/30/2003 tue
    - all 679 files: # visitors yesterday 12/29/mon:484 (12/30/2002/mon: 527 incl.spiders) -

  • 1 DOWNsizing story reported in WSJ or NYT: • now institutionalized, downsizing has own ceremony
  • 1 overview of takeovers = appetizers for downsizing: • $value of takeovers in E.Europe up 3% this year
  • 1 prison item: • Arkansas prisons apparently dragging feet on offering kosher meals vs.  glimmers of hope = headlines from heaven
    TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
    • part-time without penalty in the U.S.?!
    • new shorter-hours rules take effect for US truckers
    • French finance minister labors to reverse France's leadership on shorter hours

    12/27-29/2003 sat-mon (re fri biz)
    - keep hope-vs-doom comin' with $25/yr subscription to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140  (#visitors to any of our 679 files, F Sa Su: 306,302,304 - wk's daily avg 344)
    -

  • 1 DOWNsizing reported in WSJ &/or NY Times:  • ?? cuts as Wizards of Coast & GameKeeper close
  • 1 bankruptcy reported in Wall Street Journal & New York Times:  • Galey & Lord  
  • eroding retirement: • German kid wants to stiff retirees without replacing markets they represent
  • homelessness in the news: • GOP spends $1.3B on homelessness, $23B on political pork
  • 1 prison story: • in last 10 yrs, # US women arrested rose 14% while # men fell 6%
  • 7 FAKEsizings = makework rampant: • Halliburton's really 'struggling' to contain costs in Iraq
    • Iraq rotation can tie up 2/3 US army, leaving only 130k at the ready   & • 5 other wastes of time vs.  hope du jourtm
    TIMEsizing = strategic hope - the only thing we haven't tried lately:
    • Harvard historian lays into US workahol culture
    • in world's sweatshop (China), boss-run unions no help vs. megahours
    • employees, especially top performers, are in bad mood over long hours
    • everywhere but workaholic US gets day-after-Xmas off too ('Boxing Day')
    • over 3m Brits are breaking EU 48-hr/wk max
    • Aussies think they have 2nd longest working hours degrading job performance
    + random hope/headlines from heaven/glimmers of intelligence:
    • 1 UPsizing - 1000 new jobs at America West Airlines  

    weekend roll-up -
    5 issues/wk - wk's avg homepage hits/issue: 28
    doom of the week
    tm
    from the WSJ & the NYT:
    • 3 DOWNsizings, over 300 jobcuts   • 3 homelessness stories 
    • 4 bankruptcies   • 2 eroding-retirement stories   • 5 prison stories   • 1 work-linked killing

    vs.  hope of the weektm from the WSJ & the NYT:
    • 22 TIMEsizing items  • 2 UPsizings (1000+ new jobs)  + clouded hope: • 10 makework items

    {{ ytd: 837 timsizngs (20595+ new or sav'd jobs) + 105 upsizngs (82545+ new jobs) + 154 makwrk (269543+ 'jobs') =
    tot: 372683 = 28% of cuts VERSUS 690 dnsz (1322874+ cuts) + 316 bkrp ($23.2B+) +34 homlss +96 prisn +52 kills }}

    12/26/2003 fri
    - all 679 files: # visitors yesterday 12/25/thu:225 (12/26/2002/thu: 415 incl.spiders) -

  • headlines from hell (tm)  • tech rally fizzles & short interest climbs
    • GOP borrow&spend could breach current $7.384 trillion federal debt ceiling this summer
  • 1 bankruptcy reported in WSJ &/or NYT:  • General Chemical Industrial Products
  • makework rampant:  • more 'great' makework from Iraq war - Pentagon pays airlines over $1.2B this year for moving troops
    • and enhances makework 'benefit' by losing $1.2B worth of Iraq supplies vs.  glimmers of hope = headlines from heaven
    TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
    • S.Korea's cut to 5-day workweek is slowly changing values & favoring quality family time
    • Eckerd Corp. photolab at least talks the talk of a fluctuating workweek
    • US beef industry sometimes slides up to 6-day workweek
    • Agrium's Conda Phosphate Operations in Idaho have been using hours cuts to avoid layoffs
    • Australia's having trouble with long hours among illegal alien workers too
    • recap of year in German economy revisits Zwickel's betrayal of IG Metall's shorter hours strike
    • Nigerian lady hammers child labor & long hours thereof
    + random glimmers in Wall Street Journal (WSJ) or NY Times (NYT):
    • the WSJ cheers regulation efforts! - of SEC in pushing off Jean-Marie Messier ex-Vivendi
    • Soros lambastes neo-cons in new book

    12/25/2003 thu
    - all 678 files: # visitors yesterday 12/24/wed:273 (12/25/2002/wed: 294 incl.spiders) -

  • headlines from hell (tm)  • durable manufactures post 3% decline in orders
    • Bush's America is paying a price for unilateralism instead of international cooperation
    • Congressional Budget Office warns Bush's deficit&taxcut budgets are dooming us all to historically higher taxes
  • 1 prison item: • Jeb Bush starts up a Christ-based prison in Floriduh
  • makework rampant:  • Junggwo (China) taxpayers forced to bail out Bank of China to tune of $20B vs.  glimmers of hope = headlines from heaven
    TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
    • Minnesota county hits the hilites in discussion of cutting hours to cut costs
    + random glimmers in Wall Street Journal (WSJ) or NY Times (NYT):
    • federal appeals court blocks Bush attempt to let aging powerplants upgrade without installing
      modern pollution controls

    12/24/2003 wed
    - all 677 files: # visitors yesterday 12/23/tue:507 (12/24/2002/tue: 308 incl.spiders) -

  • 2 DOWNsizings, totaling 300+?? lost jobs reported in Wall Street Journal (WSJ) or NY Times (NYT):
    • 300 jobcuts as Right Start stores liquidate
    • unspecified cuts as Mall of Memphis closes
  • 1 bankruptcy reported in WSJ &/or NYT:  • Verestar
  • eroding retirement: • Northwest Airlines' pension plans are $3B underfunded, United's $4B
  • homelessness in the news: • sample single-parent 4-child family makes do in suburban NYC shelter
    • NYC homeless immigrant collects cans outside fancy Harlem eatery where there's just been a murder
    • shelter in upstate Rochester NY reports more neighborhood violence than NYC
  • 1 prison item: • Oklahoma prison misidentifies dead inmate, dad holds funeral & burial, then gets phonecall from son vs.  glimmers of hope = headlines from heaven
    TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
    • slavery in the form of unpaid overtime is way of life in Britain
    • & not surprisingly, Brits too tired to enjoy family life
    • for 2 Univ. of Texas economists, talk of time crunch is 'just kvetching'
    + random glimmers in Wall Street Journal (WSJ) or NY Times (NYT):
    • 1 UPsizing - Salt River Pima-Maricopa Indian Community in Ariz. turns to R/E development

    12/23/2003 tue
    - all 677 files: # visitors yesterday 12/22/mon:489 (12/23/2002/mon: 446 incl.spiders) -

  • 1 bankruptcy reported in WSJ &/or NYT:  • Country Home Bakers
  • homelessness in the news: • homeless families in NYC doubled from 4600 to 9200 in past year
  • 2 prison items: • NYC has Rikers Is. Xmas party for 150 kids in its foster care - with inmate mothers
    • Kenyan president releases nearly 12000 inmates to ease overcrowding
  • work-linked killing: • California prosecutes 8 times as many worker-death cases as federal OSHA vs.  glimmers of hope = headlines from heaven
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • Pernille Spiers-Lopez, president of Ikea North America, provides jobsharing option,
       & full benefits to part-time employees
    • jobsharing in Atlanta schools
    • job sharing & compressed workweeks as employee retention ideas
    • Deutsche Telekom plans to cut workweek of 100,000 employees in fixed-telephony division
       to cut costs from 38 to 34 hours, with prorated pay
    • campaign continues to stop Bush cuts in overtime pay

    12/20-22/2003 sat-mon (re fri biz)
    - keep hope-vs-doom comin' with $25/yr subscription to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140  (#visitors to any of our 677 files, F Sa Su: 499,334,379 - wk's daily avg 567)
    -

  • (4) general DOWNsizing stories reported in WSJ &/or NY Times:  • 90k jobless exhaust benefits today
    • 'big leak sideways' - outsourcing, even in hi tech   • 'surging' N.H. replaces DEC with Wal-Mart
    • high-tech economy has to grow faster to keep up with job losses than low-tech
  • eroding retirement: • state budget cuts have forced 1.2m from Medicaid & other programs in past 2 yrs
    • Germany is faking its unemployment rate by asking jobless over 58 to say they're not seeking work - in return for unemployment benefits till pensions kick in
  • 1 bankruptcy reported in Wall Street Journal & NY Times:  • Parmalat  
  • 1 work-linked death story: • OSHA enforcement for deaths in workplace is far behind EPA enforcement
  • headlines from hell (tm)  • CEOs are following Dean & Cheney & Bush in withholding public information
    • idiotic design to replace twin towers will be another super-tall monstrosity with an 'attack me' sign
  • 5 FAKEsizings = makework rampant: • spending bill is loaded with record $23B in pet-project pork
    • Halliburton fingerpoints back at Pentagon   • Boston's Big Dig now up to $14.6B, + • 2 other stories vs.  hope du jourtm
    TIMEsizing = strategic hope - the only thing we haven't tried lately:
    • more on the new nationwide South Korean 4-hour workweek cut
    • bus company channels jobs to Winnipeg cuz of gov't-assisted worksharing
    • Winnipeg taxpayer complains loudly about being forced to subsidize big US bus company
    • Proctor MN cuts townhall to four 8-hour days but public outcry over missing day too great
    • upstate New Yorker bewails materialistic workaholism, + • 3 other stories

    weekend roll-up -
    5 issues/wk - wk's avg homepage hits/issue: 48
    doom of the week
    tm
    from the WSJ & the NYT:
    • 7 DOWNsizings, over 3,024 jobcuts   • 1 homelessness story 
    • 3 bankruptcies   • 5 eroding-retirement stories   • 1 prison story   • 4 work-linked killings

    vs.  hope of the weektm from the WSJ & the NYT:
    • 22 TIMEsizing items  • 3 UPsizings   + clouded hope: • 10 makework items

    {{ ytd: 815 timsizngs (20595+ new or sav'd jobs) + 103 upsizngs (81545+ new jobs) + 144 makwrk (269543+ 'jobs') =
    tot: 371683 = 28% of cuts VERSUS 687 dnsz (1322574+ cuts) + 312 bkrp ($23.2B+) +31 homlss +91 prisn +51 kills }}

    12/19/2003 fri
    - all 677 files: # visitors yesterday 12/18/thu:603 (12/19/2002/thu: 609 incl.spiders) -

  • 1 DOWNsizing, totaling 1000 lost jobs reported in Wall Street Journal (WSJ) or NY Times (NYT):
    • 3.3% workforce cut (1000 jobs lost) as MeadWestvaco paper products cripples its future to improve earnings, instead of just trimming its workweek 3.3% (15 minutes a day for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & buying at least 96.7% as many paper products as usual    
  • homelessness in the news: • requests rose this year, for shelter by 13% & for food by 17%
  • headlines from hell (tm)  • chief of 9/11 panel assesses blame on small fry but still shielding higher-ups
    • Bush wastes time on savings plan when we're in crisis of under-spending
    • network TV decays as advertisers make max investments @ points of minimum return - youth markets
  • makework rampant:  • taxpayers forced to pay $73k each for est. 300 Iraqi weapons-scientists' new jobs
    • now Cheney is withholding information from the Pentagon - Halliburton overcharge info
    • nervous Halliburton CEO-prez-chairman takes out big flag-waving, self-justifying ad in WSJ vs.  glimmers of hope = headlines from heaven
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • overloading nurses in Ireland with long hours has backfired into shortage of nurses
    + random glimmers in Wall Street Journal (WSJ) or NY Times (NYT):
    • UK moves into energy lead with 7% of needs to come from windmills
    • Hoover Inst. argues intelligently vs. minimum wage
    • WSJ poll finds 3% more Dems than GOP & 52% of independents dislike Bush's economy
    • jobless claims fell (but fewer eligible)

    12/18/2003 thu
    - all 677 files: # visitors yesterday 12/17/wed:629 (12/18/2002/wed: 667 incl.spiders) -

  • 5 DOWNsizings, totaling 950+?? lost jobs reported in Wall Street Journal (WSJ) or NY Times (NYT):
    • 31% workforce cut (900 jobs lost) as 3Com reacts suicidally to a 33% sales drop, instead of just trimming its workweek 31% (to four 7-hour days for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & buying at least 69% as much computer networking gear as usual    
    • 50 jobcuts by Zhone Technologies
    • unspecified cuts by Lehman Bros,  • BCE Inc, &  • Van Der Moolen's Cohen Duffy McGowan unit  
  • 1 bankruptcy reported in WSJ &/or NYT:  • Solutia specialty chemicals, owing net $370m  
  • eroding retirement: • Kaiser went bust, sparked 'bank run' on pension which now gov't has cancelled
  • 1 prison item: • Bush's USA is deep into unaccountable interrogation in secret web of 3rd-world prisons
  • headlines from hell (tm)  • another goody to add to List of Tech Max-Outs: biz software
    vs.  glimmers of hope = headlines from heaven
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • Metropolitan Opera schedules Jan/2005 as down time to avoid jobcuts
    • US job sharing dropped 19% between 2001 and 2002
    USA Today thinks Americans are fed up with long hours, no leisure
    + random glimmers in Wall Street Journal (WSJ) or NY Times (NYT):
    • 1 UPsizing - Cooper Tire & Kenda Rubber to build plant in China
    • average age hits 25.1 for first-time US moms, up from 21.4 in 1970
    • in Bolivia, smaller families spur higher hopes
    • SAS Shoemakers gives employees at 5 plants across US a bonus of $1000 for each year of seniority

    12/17/2003 wed
    - keep hope-vs-doom comin' with $8/mon subscription to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 - all 676 files, # visitors yest. 12/16/tue:769 (12/17/02/tue: 665 incl.spidrs) -

  • headlines from hell (tm)  • core inflation lowest since 1963 = deflation = depression
    • if farm belt is driver for whole economy, we're really in trouble
  • work-linked killing: • hospitals failed to share records of nurse Charles Cullen accused in killings
  • bankruptcy reported in WSJ &/or NYT: Wall Street Journal & NY Times:  • Halliburton subsidiaries, including DII Industries and Kellogg Brown & Root  
  • eroding retirement: • Schwab saved $60m last year by skipping matching compensation to staff's 401Ks
  • makework rampant:  • real story Iraq ain't Saddam's capture but Halliburton's profits
    vs.  glimmers of hope = headlines from heaven
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • unions point out UK’s opt-out from 48-hr/wk cap hurts economy at large
    • Bosch wants 5 more hrs/wk for same pay - increase means every 8th employee loses job
    + random glimmers in Wall Street Journal (WSJ) or NY Times (NYT):
    • 1 UPsizing - Hyundai Mobis sets up parts plants in Fla. & Latin America  
    • UN study forecasts population trends next 300 years, but erratically
    • reader highlights burden of illegal aliens on border-state taxpayers

    12/16/2003 tue
    - keep hope-vs-doom comin' with $8/mon subscription to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 - all 675 files, # visitors yest. 12/15/mon:755 (12/16/02/mon: 742 incl.spidrs) -

  • 1 DOWNsizing, reported in WSJ &/or NY Times: • 1.4% workforce cut (1074 jobs lost) as BellSouth exits payphone biz, instead of just trimming its workweek 1.4% (7 minutes a day for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone working, earning, confident & buying at least 98.6% as many phone services as usual    
  • eroding retirement: • AARP, burned by membership cancellations over its support of Bush's Medicare dilution, backs out of further accommodation of Bushies  
    • UPS, feeling burdened by participation with other firms in portable pension scheme, seeks to back out
  • 8-in-1 work-linked killing story: • healthcare workers who have eased suffering(?) by killing patients
  • headlines from hell (tm)  • bill would cut holding of gun-purchase records from 90 days to 24 hours
    • Cheney forces Supreme Court to decide on claims of privilege in withholding public energy-panel info
  • makework rampant:  • U.S. troops expected to stay in Iraq at least 'couple more years' vs.  glimmers of hope = headlines from heaven
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • IBM Japan to adopt shorter work-hour system in Jan.
    • time off is popular perk this holiday season
    • French gov't commission proposes 2 more religious holidays
    • German opposition didn't quite gain 'flexibility' to lengthen workweek
    • US Labor Dept. makes Dynatec cough up back overtime pay for 70-hr workweeks
    • German media are trying to increase journalists' workweek from 36½ to 40 hrs & cut 5 hols
    • Australian state gov't of Victoria rightly suggests reduced workweek rather than early retirement
    • US biz owner rightly suspects recovery is bogus, wrongly ensures it with overtime, not hiring
    + random glimmers in Wall Street Journal (WSJ) or NY Times (NYT):
    • 1 UPsizing - McDonald's will keep opening Mexican & chicken restaurants in US  



    12/13-15/2003 sat-mon (re fri biz)
    - keep hope-vs-doom comin' with $25/yr subscription to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140  (#visitors to any of our 675 files, F Sa Su: 731,499,462 - wk's daily avg 707)

  • 1 DOWNsizing, totaling 4230 lost jobs reported in WSJ &/or NY Times:
    • 1.3% workforce cut (4230 jobs lost) as IBM moves high-pay jobs to low-paid India & China & cuts its own consumer base, instead of just trimming its workweek 1.3% (6 minutes a day for whole company, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone working, earning, confident & buying 98.7% as much computerphanalia as before    
  • eroding retirement: • many Florida seniors confused by Medicare "reform"  
    • Brazil delays retirement age & raises req'd employee contributions to save money on civil servants
  • 1 bankruptcy reported in Wall Street Journal & NY Times:  • Texas Petrochemicals et al.  
  • 1 prison story: • NH eyes prison privatization - Maine has low incarceration rates but high %increase
  • homelessness in the news: • shantytown supported by Portland OR gov't has windmill for electricity
  • headlines from hell (tm)  • both major political parties are failing America
  • 1 FAKEsizing = makework rampant: • WSJ spins-lite Halliburton overcharges (& unknown new 'jobs') vs.  hope du jourtm
    TIMEsizing = strategic hope - the only thing we haven't tried lately:
    • Colusa County CA is cutting worktime to avoid cutting jobs
    • India's Financial Express catches up with Take Back Your Time Day
    • some US hospital departments aren't complaining so loudly about shorter worktime rules
    • Rifkin tries again to wake people up to the results of following technology with downsizing
    • Germany is poised to follow Japan into depression by attacking employment & income stability

    weekend roll-up -
    5 issues/wk - wk's avg homepage hits/issue: 60
    doom of the week
    tm
    from the WSJ & the NYT:
    • 21 DOWNsizings, over 25,265 jobcuts   • 1 homelessness story 
    • 2 bankruptcies   • 3 eroding-retirement stories   • 2 prison stories  

    vs.  hope of the weektm from the WSJ & the NYT:
    • 25 TIMEsizing items  • 1 UPsizing (100+ new jobs)  + clouded hope: • 10 makework items

    {{ ytd: 793 timsizngs (20595+ new or sav'd jobs) + 100 upsizngs (81545+ new jobs) + 134 makwrk (269543+ 'jobs') =
    tot: 371683 = 28% of cuts VERSUS 680 dnsz (1319550+ cuts) + 309 bkrp ($23.2B+) +30 homlss +90 prisn +47 kills }}

    12/12/2003 fri
    - keep hope-vs-doom acomin' with $8/mon subscription check to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 - all 675 files, # visitors yesterday 12/11/thu:746 (12/12/02/thu: 778 incl.spidrs) -

    Headlines from Hell (tm)  • shortage of flu vaccines   • last-minute legislative riders on omnibus spending bill weaken air pollution rules & protections for dwindling fish species   • product frills hit limits of demand
    + 3 DOWNsizings, totaling 1615 +?? lost jobs reported in WSJ &/or NY Times:
    • 1500 jobcuts by Gillette   • 115 cuts by PolyOne   • unspecified cuts by Kroger
    + makework rampant:  • U.S. sees evidence of overcharging in Iraq   • AARP called the mother of all special interests   • federal government intervention in housing market called a Trillion-Dollar Mistake
    vs.  glimmers of hope
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • 'Giant' DC supermarket trims hours to reduce layoffs
    • work-life balance improving in Germany - in minds of consultants
    • UK's National Health reaps harvest of physician shortage from overwork culture
    + headlines from heaven in Wall Street Journal (WSJ) or NY Times (NYT) = random glimmers: • Supreme Court support of campaign finance reform hinged on realistic appraisal of corruption bred by alternative   • Ridge opens up possibility of discussing immigration without name-calling   • retail sales up 0.9% in November (but all on discounts?)

    12/11/2003 thu
    - keep hope-vs-doom acomin' with $8/mon subscription check to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 - all 675 files, # visitors yesterday 12/10/wed:802 (12/11/02/wed: 751 incl.spidrs) -

    Headlines from Hell (tm)  • Ridge wants legalize millions of illegal aliens, thus encouraging millions more
    • for 2nd time in week, US military acknowledges child victims (9 this time) of airstrikes aimed at Taliban  
    • major phone cos. raise rates regardless of competition - so reason for breaking up Ma Bell would be??  
    • savings rate over past decade lower than thought - so 1990s more desperate than we thought??
    + 3 DOWNsizings, totaling 1,420+?? lost jobs reported in Wall Street Journal (WSJ) or NY Times (NYT):
    • 8% workforce cut (1220 jobs lost) as Abitibi-Consolidated newsprint spooks over slack newsprint prices, instead of just trimming its workweek 8% (38 minutes a day for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & buying at least 92% as many newspapers as before     • 200 jobcuts by Dana   • unspecified cuts as Warnaco closes its last 44 Speedo stores
    + disability in the news: • there are 53m disabled Americans of whom over 10% are on disability pay
    + makework rampant:  • aides try to deflect blame for Halliburton overcharges onto subcontractor
    vs.  glimmers of hope
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • North Manchester Foundry, Indiana, has cut to 24-hour workweek to avoid layoffs
    • Electrical Workers official in Fairbanks offers 37½-hr workweek to ease city budget squeeze
    • next July, public-sector workers in South Korea to have 5-day workweek twice a month
    • another inside-the-box economist parades time-blindness
    + headlines from heaven in Wall Street Journal (WSJ) or NY Times (NYT) = random glimmers:
    • 1 UPsizing - 100 new jobs at Google/India   • panel proposes ways to constrain executive pay  
    • serial entrepreneurs thrive on creating companies from scratch, then move on to start more

    12/10/2003 wed
    - keep hope-vs-doom acomin' with $8/mon subscription check to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 - all 675 files, # visitors yesterday 12/09/tue:870 (12/10/02/tue: 806 incl.spidrs) -

    Headlines from Hell (tm)  • states ask: what recovery?
    + 6 DOWNsizings, totaling 11,800 +?? lost jobs reported in Wall Street Journal (WSJ) or NY Times (NYT):
    • 12.5% workforce cut (7400 jobs lost) as Washington Mutual reacts exacerbatingly to sharp slowdown in mtgs & re-fi's, instead of just trimming its workweek 12.5% (to five 7-hour days for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & spending at least 87.5% as much as usual     • 4000 jobcuts by SBC   • 400 cuts by America Online   • unspecified cuts by Georgia-Pacific, • Hewlett-Packard & • A & F Quarterly mag
    + makework rampant:  • Halliburton pacts for Iraq work rise to nearly $5 billion  
    • Pentagon awards Lockheed Martin $4.6B contract to develop missile targets
    vs.  glimmers of hope
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • employer-repesenting pols in UK rationalize special exemption from EU 48-hr workweek cap
    • employer rep seizes right to defend employees’ 'right' to 'choose' long hours
    • survey finds jobsharing among top benefits that employers like to lipservice
    • Bangladeshi professor explains flextime to countrymen

    12/09/2003 tue
    - keep hope-vs-doom acomin' with $8/mon subscription check to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 - all 675 files, # visitors yesterday 12/08/mon:838 (12/09/02/mon: 876 incl.spidrs) -

    Headlines from Hell (tm)  • new CEOs are so bad, firms are turning to retirees   • America can invade nations at peace but can't get a flu vaccine that's either up-to-date or plentiful enough for our populations at risk  
    • Bush's labor secy touts four-month job gain despite knowing we need that amount every single month
    + eroding retirement: • Bush signs Medicare bill   • but its costs and benefits remain elusive
    + 6 corporate DOWNsizings, totaling 6200 +?? lost jobs reported in Wall Street Journal (WSJ) or NY Times (NYT) + 3 economywide stories:
    • 12.5% workforce cut (5000 Korean jobs lost) as KT Corp. cuts annual expenses (& markets), instead of just trimming its workweek 12.5% (to five 7-hour days for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & spending at least 87.5% as much as usual    
    • 700 jobcuts by LG Card  
    • 300 cuts by Doosan Heavy Industries & Construction  
    • 100 by SK Chemical  
    • 100 by U.S. Steel  
    • unspecified cuts by Spiegel
    • unspecified cuts economywide: Outsourcing Not the Culprit in Manufacturing Job Loss - Productivity gains spawned by factory automation are driving a worldwide decline in manufacturing jobs, even in developing nations, says researcher, AutomationWorld.com
    ...The reason for the job losses? Miklovic summed it up in one word: automation. Through automation, he said, “we are really doing a good job of improving the productivity of people.” Miklovic reminded media attendees at the panel session that 25-30% of the U.S. population was at one time involved in agricultural jobs. But today, only 3% of Americans work in agriculture, yet they have turned the United States into a net agricultural exporter... “The same thing is now happening in manufacturing... Through automation, through improved productivity, we’re driving the number of jobs down on a global basis.”... - see whole article under today's date.
    • unspecified cuts economywide: No cheer for the unemployed, editorial, NYT, A28 - see whole article under today's date.
    • unspecified cuts economywide: Jobs here and in China a White House topic, NYT, A11 - see whole article under today's date.
    + 1 bankruptcy reported in WSJ &/or NYT: • Cable & Wireless placed its US arm in Chapter 11  
    + 1 prison item: • top court considers constitutionality of 2-part interrogations with Miranda put off till part 2
    + makework rampant:  • War remains the turbine that drives America's economy  
    • House of Reps passes massive, $829B spending bill 242-176
    vs.  glimmers of hope
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • China implemented 48-hour workweek in 1960, 44 in 1994, & 40 in 1995
    • Toronto Star quotes Roach in dismissing U.S. measure of "productivity"
    • and 7 other articles about worktime developments

    12/06-08/2003 sat-mon (re fri biz)
    - keep hope-vs-doom acomin' with $25/yr subscription check to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 USA  (# diff.visitors to any of our 674 files, F Sa Su: 455,436,543 - wk's daily avg 689
    **  we offer free consulting to novelists or playwrights setting stories in timesizing future-worlds**

    headlines from hell (tm)  • long wait for colonoscopies in 'fast' private-sector US healthcare system   • and there's a shortage of many vaccines   • and health officials are urging rationing   • and employers are pushing more of the premiums onto employees   • but misery has company - like US, the EU is getting more illegal aliens too
    + 2 DOWNsizings, totaling 550 lost jobs reported in Wall Street Journal (WSJ) or NY Times (NYT):
    • 13% workforce cut (425 Normal Ill. jobs lost) as Mitsubishi freaks over sales slump & worsens it, instead of just cutting its workweek 13% (to five 7-hour days for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone working, earning, confident & spending at least 87% as much as before     • 125 jobcuts by 3M  
    + 2 prison stories: • woman's drug sentence oscillates with politics  
    • NY judges protest federal Feeney-amendment bullying toward longer sentences
    + homelessness in the news: • in nightly ritual, New York homeless gather at Manhattan
    drop-in centers to await buses to take them to cots in church basements all across the city
    + makework rampant: • private eyes in Calif. take off like lawyers   • Air Force pursued $20B Boeing
    deal despite concerns re improprieties   • Beijing gov't to inject $15.7B into two private banks
    vs.  hope du jourtm - the only thing we haven't tried lately  
    TIMEsizing = strategic hope: • A-American Machine in Rockford, Ill., shortened workweek to reduce layoffs when steel prices went up last year   • IMS Health Canada in Montreal offers job sharing, shortened 'summer hours' & shortened worktime for gentle re-entry after absence  
    • more lawfirms let attorneys work part-time if willing to kiss promotions goodbye  
    • 60% of HR professionals back EU 48-hour workweek ceiling

    weekend roll-up -
    5 issues/wk - wk's avg homepage hits/issue: 69
    doom of the week
    tm
    from the WSJ & the NYT:
    • 14 DOWNsizings, over 11,320 jobcuts   • 1 homelessness story 
    • 4 bankruptcies   • 4 eroding-retirement stories   • 3 prison stories  

    vs.  hope of the weektm from the WSJ & the NYT:
    • 17 TIMEsizing items  • 7 UPsizings (7500+ new jobs)  + clouded hope:   • 10 makework items

    {{ ytd: 768 timsizngs (20595+ new or sav'd jobs) + 99 upsizngs (81445+ new jobs) + 124 makwrk (269543+ 'jobs') =
    tot: 371583 = 29% of cuts VERSUS 661 dnsz (1294285+ cuts) + 307 bkrp ($23.2B+) +29 homlss +88 prisn +47 kills }}

    12/05/2003 fri
    - keep hope-vs-doom acomin' with $8/mon subscription check to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 - all 674 files, # visitors yesterday 12/04/thu:779 (12/05/02/thu: 767 incl.spidrs) -

    Headlines from Hell (tm)  • Bush regime's motto, "Have we looted America's future today?"  
    • new jobless claims rise   • rise in mfg won't automatically raise employment in robotics age
    + eroding retirement: • Medicare bill relies on HMOs, but one NY retiree was cut off twice by Medicare HMOs  
    • Congress' shenanigans - gives corporate welfare while defined-benefit pensions are $400B underfunded
    + 3 DOWNsizings, totaling 3720 +?? lost jobs reported in Wall Street Journal (WSJ) or NY Times (NYT):
    • 10% workforce cut (3000 jobs lost) as Schering-Plough drugs cuts annual expenses (& markets), instead of just trimming its workweek 10% (48 minutes a day for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone working, earning, confident & buying at least 90% as many drugs as usual    
    • 720 jobcuts by Tyson Foods   • unspecified cuts by Oneida
    + 4-in-1 bankruptcy reported in WSJ &/or NYT: • Erb Group's 4 holding companies in Switzerland  
    + 1 prison item: • 2 Ark. prisons, till recently Wackenhut-run, warned re poor healthcare & assault protection
    + 2 PUFFsizings = makework rampant:  • former trial atty goes after wasteful synfuel tax credit for corn growers
    • it's also ba-a-ack! - Pentagon awards $300,000 to re-rev 'effective strategic influence' campaign of sort disbanded under pressure last year
    vs.  glimmers of hope
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • 'officers should never try to use overtime to supplement their pay'
    • Dundee is shortest-hour centre in Scotland
    • NZ bizmen still kicking against extra week of vacation
    + headlines from heaven in WSJ or NYT = random glimmers:
    • 4 UPsizings - 2100 new jobs at Merrill Lynch & unspecified new jobs at
    - Goldman Sachs Group Inc., - Credit Suisse First Boston and - Safeway Inc.
    • reader slams Krugman's assumption of all globalization, all growth, all the time, even in fossil fuel supply & terran pollution absorbability   • charity revs up with stocks - but no fundamentals

    12/04/2003 thu
    - keep hope-vs-doom acomin' with $8/mon subscription check to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 - all 674 files, # visitors yesterday 12/03/wed:847 (12/04/02/wed: 835 incl.spidrs) -

    Headlines from Hell (tm)  • companies sneak in more & more little fees to charge consumers for same service
    • Wal-Mart raised healthcare premium 50% in last 2 years & now only 60% of eligible workers can afford it
    • new Bush law lets more timber & brush be cut & cleared with less environmental scrutiny
    • meanwhile this year likely 3rd global-warmest after 1998 & 2002
    + eroding retirement: • suddenly WSJ is spinning corporate pension contrib burden as earnings booster
    + 3 DOWNsizings, totaling 3470 +?? lost jobs reported in Wall Street Journal (WSJ) or NY Times (NYT):
    • 7% workforce cut (3000 India jobs lost) as Tata Iron & Steel cuts costs (& markets), instead of just trimming its workweek 7% (34 minutes a day for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & spending at least 93% as much as usual    
    • 470 jobcuts by Alcatel CIT   • unspecified jobcuts by Bombardier
    + 3 PUFFsizings = makework rampant:  • federal spending per household is most since WWII
    • energy bill helps firm that wants build $1.2B plant in home state of senate energy-panel's chairman
    • it's ba-a-ack! - Star Wars contract worth $4.5 billion awarded to Northrop & Raytheon by Pentagon
    vs.  glimmers of hope
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • personal example of inflated US 'productivity' measurement
    • Business Journal of Tri Cities in Tennessee gets hours trend backwards
    • Venezuela has maximum daytime workweek of 44 hours, nighttime 35 hours
    • big 2-bus crash in Malaysia spurs proposals for limiting working hours for drivers
    + headlines from heaven in Wall Street Journal (WSJ) or NY Times (NYT): = random glimmers:
    • 1 UPsizing - 3100 new jobs in 12 countries at Anadarko Petroleum over past 17 years
    • presidential candidate Sen. John Edwards (D-NC) proposes restricting lobbyists

    12/03/2003 wed
    - keep hope-vs-doom acomin' with $8/mon subscription check to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 - all 673 files, # visitors yesterday 12/02/tue:878 (12/03/02/tue: 886 incl.spidrs) -

    Headlines from Hell (tm)  • 'birds of a feather' - Bush wouldn't sign Kyoto unless perfect - now Putin won't either
    + eroding retirement: • Medicare weakened (but could block Bush's plan to weaken Social Security)
    + 3 DOWNsizings, totaling 3250 +?? lost jobs reported in Wall Street Journal (WSJ) or NY Times (NYT):
    • 7.5% workforce cut (2500 UK jobs lost) as Aviva insurance 'moves' jobs to India tho' still dependent on UK markets that it's diminishing, instead of just trimming its workweek 7.5% (36 minutes a day for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & buying at least 92.5% as much insurance as usual    
    • 750 jobcuts by PepsiCo   • unspecified jobcuts by FAO Inc.
    + 2 bankruptcies reported in WSJ/NYT:  • Michael G. Tyson and Mike Tyson Enterprises   • FAO (2nd time!)
    + 1 PUFFsizing = makework rampant:  • Raytheon, fattened at public trough, pays off $1¼B in debt
    vs.  glimmers of hope
    TIMEsizing on the newswires: = strategic hope ignored since Pearl Harbor -
    • Lieberman proposes $30/yr tax on all employees to finance half-pay leave for parents
    • UK employers abuse EU 48-hr workweek cap cuz employee opt-out during labor glut is no-op
    • 1/3 of UK firms offer work options for full-timers but only 9% of those offer job sharing
    + headlines from heaven in Wall Street Journal (WSJ) or NY Times (NYT): = random glimmers:
    • 1 UPsizing - 300 new jobs at Veritas Software in India over the next twelve months
    • Calif. communities start zoning against Wal-Mart's suffocating monsterization

    12/02/2003 tue
    - keep hope-vs-doom acomin' with $8/mon subscription check to ‘ Timesizing.com with Phil Hyde’, Box 622,
    Cambridge Ma 02140 - all 673 files, # visitors yesterday 12/01/mon:884 (12/02/02/mon: 913 incl.spidrs) -

    Headlines from Hell (tm)  • Diebold touchscreen voting machines yield
    insecure, manipulable & unverifiable results & are spreading throughout USA
    + 3 DOWNsizings, totaling 330 +?? lost jobs reported in WSJ &/or NY Times:
    • 10% workforce cut (330 jobs lost) as Hartford Financial buys group insurance unit from CNA Financial, instead of just trimming its workweek 10% (48 minutes a day for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & buying at least 97.1% as many long distance services as usual    
    • unspecified jobcuts by DuPont, and • Ashikaga Bank
    + 1 bankruptcy reported in Wall Street Journal & NY Times: • C2 Media  
    + 1 mega PUFFsizing = makework rampant:  • Japan has sunk trillions of yen into nonperforming banks
    vs.  glimmers of hope
    TIMEsizing on the newswires: • another take on impact of US overtime bill
    • EU sets absolute 48-hour workweek ceiling but 25% of UK employees routinely exceed it
    • UK's opt-out from EU 48-hour-per-week ceiling blows huge hole in protection vs. megahours
    + headlines from heaven in Wall Street Journal (WSJ) or NY Times (NYT): = random glimmers:
    • 1 UPsizing - 2000 new jobs at Electronic Arts over next 4 years
    • you can't be a 'social conservative' in Canada without being a wacko
    • jobseekers are starting to strike back at abusive employers & evil HR directors


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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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