Timesizing® Associates
hopes/dooms du jour, July, 2003
[Commentary] ©2003 Phil Hyde, The Timesizing Wire, Box 117, Harvard Sq, Cambridge MA 02238 USA (617) 623-8080 - HOMEPAGE
7/31/2003 th/Þursðay
7/30/2003 wed
7/29/2003 tue
7/26-28/2003 sat-mon (re fri biz)
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 627 files, # visitors yesterday 7/30/w: 823 (4/30/w:835, 1/29/w:852) -
TIMEsizing in the news = strategic hope:
Hyundai union dilutes fight for shorter hours with rigid wage demands, gov't threatens to step in
Japanese overtime rose in June for 12th straight week, but # OT workers fell 1st time in 8 yrs
Episcopal Diocese of NY urges priests to cap their workweek at 40 hrs to avoid burnout
US parents want more time with kids but work schedules intrude
unions at British Airways settle silly strike vs. time accountability
vs. doom du jourtm - for lack of timesizing
1 takeover downside:
GAO warns on future problems from audit-industry mergers
+ 6 DOWNsizings, totaling 17,944 +?? lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
23% cut (7785 jobs lost) as Siemens mobile-comms unit struggles with market slump by slumping it further, instead of just trimming its workweek 23% (to five 6hr-10min days for the whole firm, including top execs), re-investing overtime savings in overtime-targeted training & keeping everyone together working, earning, confident & buying 77% as many as before
6450 jobcuts by Pillowtex
3700 cuts by May Dept Stores
5 by Sun Microsystems
4 by Singapore Airlines
unspecified cuts by Matsushita Electric Industrial
+ 1 bankruptcy cited in Wall St. Journal (WSJ) or New York Times (NYT):
Friede Goldman Halter Inc. et al.
+ 2 prison items:
one Wa. State county had to drop 119 of 450 jail beds & release non-violent inmates early
14-yr-old special-ed student unjustly (DNA) convicted of murder, freed after 15 yrs, given $1.5m by Chicago
+ headlines from hell (tm)
UN warns of world governance crisis
deflation worries Fed, despite impotence to influence
weak corporate earnings ensure continued Japanese slump, & they're demo'ing our future
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 627 files, # visitors yesterday 7/29/t: 874 (4/29/t:856, 1/28/t:816) -
TIMEsizing in the news = strategic hope:
US employees gave back $21B to employers last year in untaken vacation
& US is the only industrialized nation that doesn't require employers to provide vacation
71% of Americans say they work more than 40 hrs/wk, but only 53%
say they're overworked, though 83% are dissatisfied with their job
people work 10-hour days in Mauritius, 55-hour workweeks
1.2m children a year enter 168-hour workweek of slavery
vs. doom du jourtm - for lack of timesizing
6 DOWNsizings, totaling 50,530 lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
28% cut (38,838 mainly Swiss jobs lost) as ABB engineering continues its death spiral, instead of just trimming its workweek 28% (to four 28.8-hr days for the whole firm, including top execs), re-investing overtime savings in overtime-targeted training & keeping everyone working, earning, confident & spending 72% as much as usual
5000 cuts by Verizon
4192 by Providian
1800 by VF Jeanswear
400 by Andrew Corp.
300 by Milacron
+ eroding retirement:
GAO says soc sec benefits need to be cut by a third by 2039 else insolvent
BP one of few firms pumping up pension fund - to tune of $2B
+ 2 prison items:
one Wa. State county had to drop 119 of 450 jail beds & release non-violent inmates early
14-yr-old special-ed student unjustly (DNA) convicted of murder, freed after 15 yrs & given $1½m by Chicago
+ headlines from hell (tm)
consumer confidence falls nearly 7 points (8%) June-July to 76.6
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Cambridge Ma 02140 USA
- all 626 files, # visitors yesterday 7/28/m: 819 (4/27/m:910, 1/26/m:789) -
TIMEsizing in the news = strategic hope:
intermittent Hyundai strikes for shorter workweek are starting triggering parts-shortages
cartoon questions why, if we're twice as productive, we shouldn't work half as long
+ headlines from heaven from WS Journal/NY Times = random hope:
1 UPsizing - ?? new Chinese jobs as CNOOC puts $700m into gasfields & pipelines
vs. doom du jourtm - for lack of timesizing
1 DOWNsizing, totaling 884 lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
13% cut (884 jobs lost) as BMC Software gets hysterical over its first loss in 5 quarters, instead of just trimming its workweek 13% (to five 6hr58min days for the whole firm, including top execs), re-investing overtime savings in overtime-targeted training & keeping everyone working, earning, confident & shopping 87% as much as usual
+ eroding retirement:
latest fad = firms offer fewer 401k fund choices to lure more participants
- keep hope-vs-doom acomin' with $25/yr subscription check to
Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
( # diff. visitors F Sa Su, any of our 626 files: 713,435,462, wk's daily avg 708
)
strategic hope = TIMEsizing in the news:
IBM/Vermont switches to from avg 42-hr wks to 36-hours to avoid layoffs
timesizing Nucor's profit cut by higher costs & takeover indigestion
Italy provides example of fluid shareable hours vs. rigid 40-hr jobs
24-7 operations have a considerable & costly downside
+ random hope/headlines from heaven:
Doonesbury nails Fox News
vs. doom du jourtm - for lack of timesizing
2 takeover downsides:
Pfizer posts $3.59B loss due to April
takeover of Pharmacia
supermarket oligopoly keeps up milk prices
+ eroding retirement:
Treasury Secy says pension meltdown similar to S&L collapse abrewing
+ 1 DOWNsizing, totaling 250 lost jobs cited in Wall St. Journal (WSJ) or NY Times (NYT):
250 US jobs cut as Goldman Sachs moves admin & tech jobs to India
+ 1 bankruptcy mentioned in WSJ or NYT:
HQ Global
+ 1 prison item:
US prison population grew 2.6% last year to 2,166,260
+ 1 work-linked suicide:
looks like Navy Secy nominee shot self dead
+ headlines from hell (tm)
states' red ink hurts recovery
workers' comp in crisis
wealthy Americans, out of touch, grow bullish
FCC & FEC, the 'federal F*Ces', sprout loopholes
28-page deletion in 9/11 report indicted Saudis & still, Koizumi wants to replay Blair
spam, 'bane of Internet' , costs US estimated $10-87B/yr
some firms now targeting certain customers with bad service
Mexico's jobless rate only up to 3.2% but that's out of 'economically active' 38% of population
we've slaughtered a lot more whales than we thought
weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 57
hope of the weektm from the WSJ & the NYT:
18 TIMEsizing items
vs. doom of the weektm from the WSJ & the NYT:
11 DOWNsizings, over 12,497 jobcuts
5 bankruptcies
1 eroding-retirement story
1 prison story
1 work-linked suicide
{{ ytd: 311 timsizngs (15070+ new or sav'd jobs)
+ 52 upsizngs (20523+ new jobs)
+ 18 makwrk (26400+ 'jobs') =
total 61993 = 9% of cuts
VERSUS 429 dnsz (665184+ cuts)
+ 195 bnkrp ($21.1B+) +20 homlss +40 prisn +30 suic }}
7/25/2003 fri
7/24/2003 thu
7/23/2003 wed
7/22/2003 tue
7/19-21/2003 sat-mon (re fri biz)
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 626 files, # visitors yesterday 7/24/th: 767 (4/23/Þ:800, 1/22/Þ:754) -
worktime consciousness in the news = strategic hope:
AP releases 3 more fotos of Hyundai employees striking for cut from 5½- to 5-day workweek
downsizing has led Verizon to costly overtime & customer-base shrinkage
Dem candidate John Edwards attacks mandatory overtime in nursing
pilots sometimes asked to work on day off in exchange for 2 days off
French pension 'reform' is a mixed bag of worktime pluses & minuses
+ headlines from heaven from WS Journal/NY Times = random hope:
George Soros buys full-page ad vs. Bush in Sunday Times
vs. doom du jourtm - for lack of timesizing
2 takeovers:
Roche Holding buys Igen Int'l for $1.42B
J.P. Morgan buys Bank One trust business for $720m
+ 3 DOWNsizings, totaling 2300 lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
21% cut (6000 jobs lost) as JDS Uniphase fiber optics continues its death spiral, instead of just trimming its workweek 21% (to five 6hr19min days for the whole firm, including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning, confident & spending 79% as much as usual
640 cuts by Spiegel
160 by A.T. Cross
+ 2 bankruptcies mentioned in WSJ or NYT:
James Cable Partners/Finance
SK Global (South Korean Global)
+ headlines from hell (tm)
9/11 report describes 5 of the 9/11 terrorists' test runs
Boston Globe calls case of Uday & Qusay (oy vay!) political assassination Greenpeace warns of pollutants from nanotechnology
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 626 files, # visitors yesterday 7/23/w: 855 (4/23/w:1068, 1/22/w:846) -
worktime consciousness in the news = strategic hope:
AP releases 4 fotos of Hyundai Motor employees striking for cut from 5½- to 5-day workweek
shorter-hrs movement wins a victory in defeat of wimpy German union leader by tough timesizer
news reports on Cambodian election lump overwork with torture & starvation in nation's history
overwork is triggering a flurry of nervous breakdowns & suicides ('karoshis') in Onomichi, Japan
Imperial Oil provides latest sample of frequent industrial boasting about total safe hours worked, i.e., fluid, reshareable worktime, not rigid 40-hour "jobs"
+ headlines from heaven from WSJ/NYT = random hope:
in blow to FCC, House votes 400-21 to reverse media consolidation
new duties on computer chips & catfish add to those on steel as 'free' trade simplism fades
Japan's population future looks a lot better than ours
vs. doom du jourtm - for lack of timesizing
3 DOWNsizings, totaling 7101 lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
9% cut (6000 jobs lost) as Eastman Kodak cuts costs (& mkts), instead of just trimming its workweek 9% (¾-hour a day for whole firm, including execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning, confident & buying 91% as much camera gear as usual
1100 cuts by Schwab
1 top job eliminated by Wal-Mart/Europe
+ headlines from hell (tm)
media's coverage of gov't, generally negative, has declined
9/11 committee's report raises stink around Bush/Cheney to high heaven
now a conservative! in WSJ! slams Bush's taxcuts! & Bush claims Gore quote from campaign!
Brazil jobless up to 13%, interest rates "down" to 24½%
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 625 files, # visitors yesterday 7/22/t: 902 (4/22/t:1102, 1/21/t:781) -
worktime consciousness in the news = strategic hope:
Japanese expatriates in Silicon Valley worked 24/7 but napped all the time,
American top brass can nap but no one else, despite nap found best (+34%) productivity tool
vs. doom du jourtm - for lack of timesizing
2 takeovers & 1 overview:
Lehman Brothers to buy Neuberger Berman for $2.63B
First National Banks of Ariz. & Nev. to buy Access Anytime Bancorp of New Mexico for $22m
Euro CEOs, bored with slow advance of economic armageddon, are getting into big private buyouts
+ 1 DOWNsizing, totaling 2136 lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
30% cut as Siebel Systems mgmt software continues self-immolation, instead of just slimming its workweek 30% (to four 7-hour days for whole firm, including execs), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning, confident & purchasing 70% as much software as usual
+ 2 bankruptcies mentioned in Wall St. Journal (WSJ) or NY Times (NYT): Seitel Inc.
Prime Succession
+ headlines from hell (tm)
mall vacancies climb as retail starts to fold
many investors still see layoffs as a Good Thing
your credit cards are getting higher late fees & shorter grace periods
over-population forecast for 2050 - US 422m, Africa up 1B
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 625 files, # visitors yesterday 7/21/m: 824 (4/21/m:810, 1/20/m:674) -
primitive TIMEsizing & TIMEsizing consciousness in the news = strategic hope:
IG Metall's fingerpointing chief quits 3 months early 'in protest'
IG's second-in-command wins top job, will be ratified in August
La-Z-Boy takes more plant shutdown time than usual to pare inventories
+ headlines from heaven = random hope:
Detroit Medical Center cancels 1000 pink slips
vs. doom du jourtm - for lack of timesizing
3 DOWNsizings, totaling 710 lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
36% cut (353 jobs lost) as Pinnoak Resources coal mining amputates its workforce, instead of just amputating its workweek 36% (to five 5hr5min days for whole company, including executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning, confident & shopping 64% as much as usual
182 cuts by Singapore Airlines
175 by Millennium Chemicals
+ other headlines from hell (tm)
after a year, corporate reform has gone nowhere Iraq will devastate future recruiting by the reserves - sign in windshield of military truck in Iraq, "One weekend a month, my ass"
- keep hope-vs-doom acomin' with $25/yr subscription check to
Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
( # diff. visitors F Sa Su, any of our 623 files: 704,468,496, wk's daily avg 727
)
strategic hope = TIMEsizing in the news:
39,000 Hyundai union members continue pressure for shorter workweek in S. Korea
Japan Labor Ministry finally lets widow have her karoshi'd husband's worker's comp
currently too few on-the-job training options for too many laid-off mfg workers that
Timesizing's overtime- & overwork-to-training phases are needed to correct
+ random hope/headlines from heaven:
World Bank finally suspects its favorite
remedy, privatization, was just rearranging deckchairs on the Titanic
vs. doom du jourtm - for lack of timesizing
3 takeover overviews:
China looking to merge ± privatize 104 state-owned firms
3 big Canuck banks troll for takeover targets - in 'the States'
takeover-target stocks may be risky
+ eroding retirement:
another Texas-like incident but now, in DC - GOP tries bait&switch pension bills, Dems walk out, GOP calls cops & steamrolls
result: another mkt-bashing GOP bill that favors deceptive CEOs
+ 3 DOWNsizings, totaling 4250 +?? lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
16% workforce cut (4000 jobs lost) as Volkswagen/Brazil moves jobs (and markets) to China, instead of just trimming its workweek 16% (to five 6¾-hour days for whole division, including executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning, confident & buying 84% as many VW bugs as usual
250 cuts by Vicor
unspecified cuts by Trinity Industries
+ 1 bankruptcy (Magnatrax) & 2 scary backgrounders:
2002 bankruptcies a record 1.57m, & illness
a perennial reason
April's 3,610 German corporate bankruptcies hit all-time record
+ 1 prison item:
inmate's wife sneaks in a gun, jail switches to video visits only
+ 1 work-linked suicide:
the Iraq-invasion stink spreads - Brit weapons
inspector pressured to take the fall for Tony Blair slashes his wrists
+ headline from hell (tm)
redneck nails Bush as biggest spender since LBJ
weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 67
hope of the weektm from the WSJ & the NYT:
13 TIMEsizing items
1 UPsizing
(150 new jobs)
7 makework cases (1100+ new 'jobs')
vs. doom of the weektm from the WSJ & the NYT:
6 DOWNsizings, over 10,809 jobcuts
7 bankruptcies/collapses
7 eroding-retirement stories
2 prison stories
3 work-linked suicides
{{ ytd: 293 timsizngs (15070+ new or sav'd jobs)
+ 52 upsizngs (20523+ new jobs)
+ 18 makwrk (26400+ 'jobs') =
total 61993 = 9% of cuts
VERSUS 418 dnsz (652687+ cuts)
+ 190 bnkrp ($21.1B+) +20 homlss +39 prisn +29 suic }}
7/18/2003 fri
7/17/2003 thurs/Þurs
7/16/2003 wed
7/15/2003 tue
7/12-14/2003 sat-mon (re fri biz)
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 623 files, # visitors yesterday 7/17/Þurs: 814 (4/17/Þ:860, 1/16/Þ:738) -
primitive TIMEsizing & TIMEsizing consciousness in the news = strategic hope:
Swiss Int'l Air cuts working hours to help save jobs
Iraqi women given shorter working hours to get to & from work without harm
Reuters 'analyst' goes on about how IG Metall must change (from sustainable work-spreading hours-reductions to faster descent to Third World?!)
+ headlines from heaven = random hope:
Dems finally whisper 'impeach Bush'
conservative Judicial Watch finally pries two energy-taskforce documents out of Bush&Cheney ('coincidentally' theyre focused on Iraqi oilfields & pipelines, 6 months before 9/11 and 2 years before their hardsellfrighteous Iraqattaq)
vs. doom du jourtm - for lack of timesizing
PUFFsizing = makework rampant:
Dept. of Education's $270m cut in nation's
largest grant program will not stop gov't spending of education from continuing to rise
+ 1 DOWNsizing, totaling 5000 lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
11% workforce cut (5000 jobs lost) as Boeing's commercial airlines unit self-mutilates in response to postponed orders, instead of just trimming its workweek 11% (to five 7hr7min days for whole division, including executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning, confident & flying 89% as much as usual
+ eroding retirement:
will Congress let accounting fiction obscure pension reality?
lawmakers dilute Brazilian pension changes
+ 4 bankruptcies mentioned in WSJ or NYT:
Earthcare Co.
Vanderveer Estates Holding
Lisanti Foods
Kleinert's Inc.
+ other headlines from hell (tm)
Europe is drawing MBA students away from the U.S.
NBER at last announces end of irrelevantly defined 'recession'
House gerrymandering has disenfranchised 95% of voters
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 623 files, # visitors yesterday 7/16/wed: 830 (4/16/w:947, 1/15/w:764) -
primitive TIMEsizing & TIMEsizing consciousness in the news = strategic hope:
1-day strike tomorrow at Hyundai Motor/S.Korea for shorter workweek (40 hrs instead of 44)
US businessfolks cut own job satisfaction by spending 1/3 more time at work than 5 years ago
sleep-deprived resident (trainee) physicians in US cause 5,000-15,000 patient deaths a year
+ headlines from heaven = random hope from WSJ or NY Times:
Dean has three times as many donors as war-duped Dem cands
House panel roughens road for media consolidators
EU cuts one outrageous sales tax
vs. doom du jourtm - for lack of timesizing
PUFFsizing = makework rampant:
Oakland finally pays $2m to settle case of wrongly arrested enviros after wasting twice that on lawyers
spooked by 50% cuts at Ericsson, Swedish gov't wades into map software biz
+ 1 DOWNsizing, totaling 550 lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
10% workforce cut (550 Dutch jobs lost) as ASML Holding chip-eqpmt lowers operating costs (& markets), instead of just trimming its workweek 10% (48 minutes a day for whole company, including executives), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning, confident & buying 90% as many computers as usual
+ 1 mega-takeover:
British American Tobacco to buy Tabacchi Italiano for $2.6B
+ eroding retirement:
GAO recently found serious deficiencies or harm to residents at 1 in 5 nursing homes
employers have made big pension promises to employees but many don't set a$ide enough dough to deliver
+ other headlines from hell (tm)
US commander in Iraq admits it's a guerilla war vs. organized enemy
9/11 widow rakes WSJ for dissing 9/11 commission
Bush wants to force Puerto Rico to obey a higher court (his own) while trying to stop Colombia from obeying one (World Court)
new 'arms' race = scanning technology reassembles shredded documents
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 621 files, # visitors yesterday 7/15/tue: 896 (4/15/t:946, 1/14/t:843) -
timesizing consciousness in the news = strategic hope:
Hooker Furniture, on reduced workweek, joins other mfrs to seek anti-dumping laws
southern Algeria to cut from 8 to 5-hour workday due to lethal heatwave with temps to 135F
+ headlines from heaven = random hope from WSJ or NY Times:
1 UPsizing - 150 new jobs at Toyota/Alabama
vs. doom du jourtm - for lack of timesizing
makework rampant:
Verizon is running scared - reinstates 1100 'jobs'
now the federal government's in the weight-loss biz - unspecified prolonged gov't 'jobs'
+ 2 takeover items:
Citigroup to buy Sears creditcard portfolio for $3B
Johnson & Johnson's $2.4B purchase of Scios drops its profit 27% on a 14% sales gain
+ eroding retirement:
on pensions, both Bush & Congress are more worried about companies than pensioners
+ 1 DOWNsizing, totaling 9 lost jobs cited in Wall St. Journal (WSJ) or New York Times (NYT):
5% workforce cut (9 people terminated) as Honeywell aviation products closes a plant, instead of just trimming its workweek 5% (24 minutes a day for the whole plant, including executives), re-investing overtime savings in overtime-targeted training, & moving everyone to keep them together, working, earning & shopping 95% as much as usual
+ 1 bankruptcy mentioned in WSJ or NYT:
Loral Space & Communications
+ headlines from hell (tm)
White House admits $455 BILLION deficit, up 50% in 5 months of irrelevant war
oh joy, oh rapture unforeseen - Bush has new war ally = Romania
U.S. generates 1/3 of all spam worldwide & wants a toothless antipam law
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 621 files, # visitors yesterday 7/14/mon: 881 (4/14/m:833, 1/13/m:790) -
timesizing consciousness in the news = strategic hope:
special convention to resolve fingerpointing in big German union over failure of shorter-hrs strike
to solve benefit-fund shortfall, rightist French gov't plans make artists work more hrs to qualify
+ headlines from heaven = random hope from WSJ or NY Times:
EU tariff-list targets states Bush needs for re-election
CEOs see own health suffer with firms' in troubled economy
proving ground tries to save bald eagles, 29 states get $70m to save endangered species (but road building reopened in national forests)
vs. doom du jourtm - for lack of timesizing
makework rampant:
Bush hands 2 million bucks to North Korea to find remains from Korean War 50 yrs ago
40% of population works for government on 2 French islands north of Maine & Nova Scotia, St-P & Miq
+ 2 takeover items:
Yahoo to buy Overture for $1.63B
so-called 'boom' only 10 deals ahead of last yr
+ eroding retirement:
United Airlines discloses at least $1B wider pension deficit
+ 1 bankruptcy mentioned in Wall St. Journal (WSJ) or New York Times (NYT):
Mirant
+ 1 prison item:
Indianapolis jail for 1135 inmates had more than 1600 in January = 41% extra
+ 2 work-linked suicides:
school principal in Japan hangs self in early March after weeks of overwork
member of school board that denied sick-leave to principal kills himself four months later, on July Fourth
+ headlines from hell (tm)
with half our troops tied up in security-irrelevant Iraq, America's defenses are down
thorough review of intelligence picture shows panoramic dishonesty & deception by White House - Cheney's resignation demanded
Bush even opposes labeling for frankenfoods
- keep hope-vs-doom acomin' with $25/yr subscription check to
Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
( # diff. visitors F Sa Su, any of our 621 files: 709,487,510, wk's daily avg 703
)
the volume of timesizing news has increased so much recently that after the big roundup of our
4 years of data last weekend, we're easing on the negative news to 'accentuate the positive' -
strategic hope = TIMEsizing in the news:
cash crisis forces some NYC tourist draws to cut hours & presumably employee hours too
cash crisis forces Action for Prisoners' Families in Britain to cut hours & ditto ditto ditto ditto
WSJ spins FLSA overtime section as 'outdated' - same as Glass Steagall & bankruptcy law
+ random hope/headlines from heaven:
1 UPsizing - 2800 new jobs at Oracle/India
Tyco caps executive severance pay
Dem candidates finally attach Bush's credibility
Canada's lookin' better 'n better
vs. doom du jourtm - for lack of timesizing
makework rampant:
union put rigid featherbedding into contract instead of flexible
timesizing - now Verizon has to hire back 2300 unnecessary 40-hour-workweek employees
+ 5 DOWNsizing, totaling 31,800 +?? lost jobs cited in Wall Street Journal or New York Times:
30,000 lost jobs as Czech Republic Army cut in half
1000 jobcuts at United Nations in NYC
15% workforce cut (450 Dutch jobs lost) as Aegon insurance responds to weak financial markets by weakening them further, instead of just trimming its workweek 15% (to five 6hr48min days for the whole company, including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together confident, working, earning & buying 85% as much insurance as usual
350 St. Louis jobs cut by Autoliv
unspecified Salt Lake cuts by Franklin Covey
+ 2 takeover stories:
Boise Cascade is to buy OfficeMax for $1.1B
Ellison can't compete, so he goes around trying to buy, & shutdown, rivals
+ eroding retirement:
another happy WSJ article on The Gutting of Medicare
another gloomy Boston Globe contrib on the doom of boomers' mass retirement
weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 70
hope of the weektm from the WSJ & the NYT:
16 TIMEsizing items
3 UPsizings (6700 new jobs)
+ clouded hope: 3 makework cases (2300+ new 'jobs')
vs. doom of the weektm from the WSJ & the NYT:
11 DOWNsizings, over 34,215 jobcuts
2 job-linked suicides
8 eroding-retirement stories
8 bankruptcies/liquidations
{{ ytd: 280 timsizngs (15070+ new or sav'd jobs)
+ 51 upsizngs (20373+ new jobs)
+ 11 makwrk (25300+ 'jobs') =
total 60743 = 9% of cuts
VERSUS 412 dnsz (641878+ cuts)
+ 183 bnkrp ($21.1B+) +20 homlss +37 prisn +26 kills }}
7/11/2003 fri
7/10/2003 thu
7/09/2003 wed
7/08/2003 tue
7/05-07/2003 sat-mon (re fri biz)
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 621 files, # visitors yesterday 7/10/Þurs: 784 (4/10/Þ:817, 1/09/Þ:802) -
timesizing consciousness in the news = strategic hope:
S.Korean unions have been stepping up pressure for shorter workweek
zero-net-gain overtime changes pass US House of Representatives 213 to 210
S/W Airlines turns Jeckyll-Hyde, asking longer hours, & slave labor while planes parked
cash-starved US museums cut hours
+ headlines from heaven = random hope from WSJ or NY Times:
a few words of wisdom from the highest-quality candidate of last 12 years, Ralph Nader
vs. doom du jourtm - for lack of timesizing
makework rampant:
Labor Dpt hands $4m to religious orgs to place challenged workers & $1m to AFL-CIO
+ eroding retirement:
Bush may sweeten pension rules for businesses, yet again - 3rd World, here we come!
+ 4 bankruptcies & 1 liquidation mentioned in Wall St. Journal (WSJ) or New York Times (NYT):
NOW
Communicat'ns
Eagle Food
InterBank Funding (IBF)
Maxxim Medical
Weatherly Securities liquidates
+ headlines from hell (tm)
US unemployed hit 20-yr high at 3.82m
Bush response? - joins EU to fight 'Buy American' requirement for Pentagon!
US employers get tougher vs. unions
Italy - illegals from Africa
S/E Asia - interest rates down & jobless up
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- all 621 files, # visitors yesterday 7/09/wed: 814 (4/09/w:859, 1/08/w:744) -
timesizing consciousness in the news = strategic hope:
Business Week Online has a distillation of common sense re work time
nursing groups ask US to exclude them from rule changes barring them from overtime pay
+ headlines from heaven = random hope from WSJ or NY Times:
de-demonizing eugenics
Canada set to dispense medical marijuana
FDA requires labeling of transfatty acids in 2006
vs. doom du jourtm - for lack of timesizing
makework rampant:
NYT columnist still wants strain of gov't economic stimulus & indirect job creation
+ eroding retirement:
WSJ admits firms created their own pension shortfall, now want governm't handout
+ 2 DOWNsizings, totaling 250 +?? lost jobs cited in Wall Street Journal (WSJ) or New York Times (NYT):
250 pilots on indefinite 'furlough' at Delta
unspecified cuts by BPO Solvay Polyethylene North America
+ headlines from hell (tm)
Americans wonder when recovery will dawn
specialists insist on 'direct evidence' for jobloss-crime connection
Rummy doubles cost estimate for Iraq to nearly $4 billion A MONTH
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- # visitors yesterday,all 621 files: 815 (t:4/08:824,t:1/07:707) -
primitive timesizing in the news = strategic hope:
Hyundai Motor union battles on for 40-hour workweek
Toyota employee's widow wins karoshi compensation suit
Japan wants shorter hours for employees with preschool children
German shorter-hrs strike-defeat conjures analyst dreams of total union power-slip
US welfare law requires 30-hr workweek incl. training, Bush wants 40, now Grassley 34
Philly actress portrays Mother Jones who helped prep ground for FLSA's workweek cap
+ headlines from heaven = random hope:
2 UPsizings - 3000 new jobs at Samsung/Slovakia
- 900 new jobs at BMW/South Africa
court blocks Cheney coverup
open-source software strengthens
2d Mars rover sets off just in time
Magna International to unmerge (= do a spinoff)
vs. doom du jourtm - for lack of timesizing
1 takeover overview:
merger activity is ba-a-ack
+ eroding retirement:
Congress feathers its own retirement nest regardless of rest of America
civil servants in Brazil, as in France, fear pension 'reforms' are misnamed
+ 1 DOWNsizing, totaling 500 lost jobs cited in WSJ or NYT:
2.5% workforce cut (500 voluntarily severed) as State Street bank keeps cutting costs (& its own markets), instead of just trimming its workweek 2.5% (12 minutes a day for the whole company, including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together confident, working, earning & doing 97.5% as much banking business as usual
+ 1 bankruptcy mentioned in WSJ or NYT:
PG&E National Energy Group
+ 2 work-linked suicides:
at Lockheed Martin/Miss. worker kills 5 coworkers, then self
widow of Toyota employee who karoshi'd finally wins workmen's comp 15 years afterward
+ headlines from hell (tm)
US consumer debt reached $1.76 trillion in May
9/11 commission getting sandbagged by Bush
airport screeners barred from unionizing
poor nations saw living standards decline
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- # visitors yesterday,all 621 files: 803 (m:4/07:830,m:1/06:688) -
primitive timesizing in the news = strategic hope:
more plotting against the only IG Metall leader with any vision or
guts in fight to align E. Germany's 38-hr workweek with W. Germany's 35-hr week
+ headlines from heaven = random hope:
reader rebuts 'conservative' view that all I 'earn' is mine, however much in modern world, & owe no taxes
our troops may want gratitude & support, but need open & thorough debates without name-calling, & total accountability if war decision is faulty
a new, easier method of permanent birth control appears, called Essure
vs. doom du jourtm - for lack of timesizing
1 takeover:
EMC to buy Legato Systems for $1.3B
+ eroding retirement:
retirement plan investing, accounting for 85% of all mutual fund buying last year, is merely self-buoying
Howard Dean wants to push full Soc Sec & Medicare benefits back to age 68, thus trimming domestic demand
Bush wants save corporations billions in pension liabilities over next 2 years, further trimming domestic demand
+ 3 DOWNsizings, totaling 1665 lost jobs cited in WSJ or NYT:
700 jobcuts by PinkRoccade NV 525 by Royal Numico NV
2% workforce cut (440 lost jobs) as Longs Drug Stores responds to sinking sales by reducing sales by its own workforce, instead of just trimming its workweek 2% (10 minutes a day for the whole company, including top executives), re-investing overtime savings in overtime-targeted training, & keeping everyone together confident, working, earning & buying 98% as many pharmaceuticals as usual
+ 2 bankruptcies mentioned in WSJ or NYT:
General Datacomm Industries
Argus Systems
+ headlines from hell (tm)
omen - symbol of America, bald eagle, dies at National Zoo in US capital on US Independence Day
White House actually admits flaw in one of urgent justifications for first-strike Iraq attack
- keep hope-vs-doom acomin' with $25/yr subscription check to
Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
( # diff. visitors F Sa Su, any of our 621 files: 507,425,440, wk's daily avg 667
)
the volume of timesizing news has increased so much recently that after the big roundup of our
4 years of data last weekend, we're easing on the negative news to 'accentuate the positive' -
strategic hope = TIMEsizing in the news:
labor leaders at VW/Mexico will propose 32-hr workweek to save 2000 jobs
Hyundai union members vote to continue short hit&run strikes for 40-hr week
pathetic east Germans are scapegoating leader of cut-short strike for 35-hr week
+ random hope/headlines from heaven:
1 UPsizing - 1200 new Ma. jobs at Boston Scientific
convincing arguments for federal estate tax
support for enforcement of our immigration laws
vs. doom du jourtm - for lack of timesizing
eroding retirement:
French pension 'reform' passes General Assembly - oh oh!
+ 1 DOWNsizing, totaling ?? lost jobs cited in Wall Street Journal or New York Times:
unspecified jobs lost as HIH Insurance Ltd collapses in Australia due to mismanagement
+ 4 bankruptcies & 1 corporate collapse mentioned in Wall St. Journal (WSJ) or New York Times (NYT):
Biotransplant & Eligix
Headway Corporate Resources
Insite Services
Ogden-New York Services
HIH Insurance collapses 'down under' due to mismgmt, non-response to internat'l markets or future needs
+ headlines from hell (tm)
multi-front economic deterioration continues in USA
and Europe
war-gorged Wall Street Journal itself finally applies Q word to Iraq (quagmire)
weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 57
hope of the weektm from the WSJ & the NYT:
19 TIMEsizing items (2540+ jobs saved)
2 UPsizings (2200+ new jobs)
vs. doom of the weektm from the WSJ & the NYT:
10 DOWNsizings, over 12,380 jobcuts
15 bankruptcies/collapses, owing over $400m
3 eroding-retirement stories
1 homelessness story
1 prison story
1 work-linked murder-suicide
{{ ytd: 264 timsizngs (15070+ new or sav'd jobs)
+ 48 upsizngs (13673+ new jobs)
+ 8 makwrk (23000+ 'jobs') =
total 51743 = 8.5% of cuts
VERSUS 401 dnsz (607663+ cuts)
+ 155 bnkrp ($21.1B+) +20 homlss +37 prisn +24 kills }}
7/04/2003 fri
7/03/2003 thu
7/02/2003 wed
7/01/2003 tue
Click here for dooms du jour in -
Questions, comments, feedback? Phone 617-623-8080 (Boston) or email us.
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- # visitors yesterday,all 618 files: 795 (Þ:4/03:782,Þ:1/02:585) -
the volume of timesizing news has increased so much recently that after the big roundup of our
4 years of data last weekend, we're easing on the negative news to 'accentuate the positive' -
primitive timesizing & timesizing consciousness in the news = strategic hope:
good: 10,000s of S.Korean auto & metal workers strike 2d time this week for 4-hour cut
bad: senior Japanese union leaders join mgmt push for blank check on employees' lives
worse: in U.S., longer workweeks still hailed as positive indicator
+ headlines from heaven = random hope:
July 4th gift from the sky? - Constellation Puppis yields most-promising setting for Earth-like planet
US may be clamping down on merger accounting
vs. doom du jourtm - for lack of timesizing
headlines from helltm
U.S. jobless rate up to 6.4% in June, highest in 9 years - 30,000 jobs lost - & May adjusted from 17, to 70,000 joblosses
US general says US still at war in Iraq
troops' families getting fed up
+ 2 big takeovers:
Liberty Media buys majority stake in QVC for $7.9B from Comcast
CMS & Xcel Energy sell Loy Yang Power to Aussie Gas Light, Tokyo Electric... for $2.4B
+ prison item:
unexpectedly naughty Dell Computer has been using cheap prison labor
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- # visitors yesterday,all 618 files: 788 (w:4/02:755,w:1/01:338) -
the volume of timesizing news has increased so much recently that after the big roundup of our
4 years of data last weekend, we're easing on the negative news to 'accentuate the positive' -
primitive timesizing in the news = strategic hope:
South Korea's largest union group struck for shorter workweek yesterday
Heidelberger Druckmaschinen's Sheetfed Div. cuts to 31½-hr workweek till 10/31 to save jobs
+ headlines from heaven = random hope:
Europe moves to require labeling on frankenfoods, US big biz be damned
antiwar Dem, Howard Dean, surges in fund raising
Bill Dudley & team at Goldman Sachs cut thru the happytalk
vs. doom du jourtm - for lack of timesizing
1 big & 1 bank takeover:
Avio Holding buys FiatAvio for $1.7B
Provident Bancorp to buy E.N.B. [Bank] Holding for $73.5m
+ 3 DOWNsizings, totaling 4900 lost jobs, noted in Wall Street Journal & NY Times:
5% workforce cut (2500 lost jobs) as Baxter International medical products improves profitability now by weakening markets later, instead of just cutting its workweek 5% (24 minutes a day for whole firm including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning, & confidently spending 95% as much on medical products as usual
1400 UK jobcuts by HSBC Bank
1000 cuts by Schneider Electric
+ 2 bankruptcies, mentioned in WSJ & NYT:
Aurora Foods with $400m in bond debt
Pameco
+ 1 work-linked murder-suicide:
mfg worker near firing for absenteeism wounds 5 coworkers, kills 4 incl. self
+ headlines from helltm
Bush's record on job creation? negative, like Hoover's
problems with unemployment insurance of interstate telecommuters
WSJ gears up explanations for why US mfg & jobs won't die - ohoh
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- # visitors yesterday,all 618 files: 834 (t:4/01:847,t:12/31:434) -
the volume of timesizing news has increased so much recently that after the big roundup of our
4 years of data last weekend, we're easing on the negative news to 'accentuate the positive' -
primitive timesizing & worktime consciousness in the news = strategic hope:
90,000 South Korean metalworkers strike for 40-hour week (from 44)
leaders intent on entering Germany in global Race to Bottom
WSJ treats of overtime curb design
US economic reports cheer longer avg workweeks = failure of technology to enhance output
Disney timesizes for short downturns, downsizes for long ones, thus lengthening them
less sweat, more tech rhetoric, but more tech, more sweat reality
+ 1 reversal for takeovers:
China moves toward banning cartels
vs. doom du jourtm - for lack of timesizing
1 big takeover:
Travel Transaction Processing buys Worldspan for $1B
+ 3 DOWNsizings, totaling 4100 +?? lost jobs, noted in Wall Street Journal & NY Times:
3100 jobcuts by American Airlines 3% workforce cut (580 lost jobs) as AT&T Wireless
cuts costs (& markets!), instead of just cutting its workweek 3% (less than 15 minutes a day for whole firm including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning, & confidently spending 97% as much on wireless stuff as usual
unspecified jobcuts by Black & Decker
+ homelessness in the news:
homeless families surge to 9000 in NYC this summer
- keep hope-vs-doom acomin' with $25/yr subscrptn check to Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140 USA
- # visitors yesterday,all 618 files: 877 (m:3/31:891,m:12/30:527) -
the volume of timesizing news has increased so much recently that after the big roundup of our
4 years of data last weekend, we're easing on the negative news to 'accentuate the positive' -
primitive timesizing & worktime consciousness in the news = strategic hope:
Singapore Airlines does 2 days/mon. of unpaid leave to save over est. 540 jobs
VW/Mexico did 1-week extension of Easter vacation to save jobs
Dems & unions protest, biz groups support, Bush overtime proposals
med students see holes in accrediters' workweek cap, still want legislation
tax-starved states (MN, IL...) cut hours at all historic sites to avoid closing some
WSJ makes maximum conclusions from minimum data on end of German shorter-hours strike
+ headlines from heaven = random hope:
1 UPsizing - 1000 new TX jobs at new Texas Instruments plant
Europes turns tougher on US frankenfoods
M&A activity falls
vs. doom du jourtm - for lack of timesizing
eroding retirement:
most workers in dark on pension health
GM profits from bond sale for pension boost
+ 3 DOWNsizings, totaling 3380 lost jobs, noted in WSJ &/or NYT:
2000 jobcuts by Volkswagen
800 jobcuts by Waste Management
11% workforce cut (580 lost jobs) as LSI Logic overreacts to a loss, instead of just cutting its workweek 11% (to five 7hr7min days for the whole firm including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone working, earning, confident & spending 89% as much on computer stuff as usual
+ 8 bankruptcies, mentioned in Wall Street Journal (WSJ) & New York Times (NYT)
June/2003 + May 31
May 1-30/2003
Apr/2003
Mar/2003
Feb/2003
Jan/2003
Dec/2002 + Nov.30
Nov.1-29/2002
Oct/2002
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.