Timesizing® Associates

hopes/dooms du jour, Sept.2-30, 2003
[Commentary] ©2003 Phil Hyde, The Timesizing Wire, Box 117, Harvard Sq, Cambridge MA 02238 USA (617) 623-8080 - HOMEPAGE


9/30/2003 tue
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 648 files, # visitors yesterday 9/29/mon: 908 (9/30/2002/mon: 808) -

headlines from hell (tm)  • 43.6m Americans now lack health insurance, biggest jump in decade
+ 5 DOWNsizings, totaling 5010 lost jobs reported in Wall St Journal (WSJ) or NY Times (NYT):
• 6% of workforce cut (1700 jobs lost) as Ford's German division overreacts to a large loss, instead of just trimming its workweek by 6% (29 minutes a day for whole division, including executives), re-investing overtime savings in overtime-targeted training&hiring & keeping everyone together working, earning, confident & buying 94% as many cars as usual  
• 1500 jobcuts by Daewoo-FSO Motor Polska   • 1110 cuts by 3Com   • 500  by Safeco   • 200  by Norstan  
+ 3 bankruptcies in WSJ or NYT:  • Impath in Chap. 11 owing $126.3m   • James River Coal  • APP China Group
+ 1 prison story: • 8 states are cutting inmates' food to save money, fewer calories a day & weekend meals
+ 1 PUFFsizing = makework rampant:  • now Bush insiders set up consultancy to help others leach onto 'unprecented' opportunity to win taxpayer megabucks in Iraq
vs.  glimmers of hope
Phil Hyde, economic designer & Timesizing.com news guy, speaks at Time Day event on Thu, Oct. 9
in Davis Square at Somerville Library/West Branch, 40 College Ave at 7 pm (7-8:30) in Somerville, Mass.

timesizing in the news = strategic hope ignored since Pearl Harbor -
• Michigan proposes shorter workweek for state workers to save jobs
• Guam Recreation Dept. considered 32-hour workweek to avoid layoffs
• 2001 timesizer, AirTran, doing well
+ headlines from heaven in Wall Street Journal & New York Times = random wisdom:
• reader turns Tom Friedman's name-calling of UN members back on US - if anyone's a ‘free rider,’ it's Bush, who wants to be bailed out of self-created mess without sharing control

9/27-29/2003 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, any of our 648 files, F Sa Su: 801,574,637, wk's daily avg 818 )

2 DOWNsizings, totaling 12 +?? lost jobs cited in Wall St. Journal (WSJ) or NY Times (NYT):
• 12 jobcuts by Louisville Salvation Army   • unspecified cuts by Interpublic Group ad agency
+ 1 work-linked suicide story: • one in 10 Belgian males in prime working years attempt suicide
+ 2 big takeovers: • Canuck insurer Manulife Financial buys John Hancock Financial for $10.3B  
• Air France forms sweeping alliance with Dutch KLM   • but UK blocks any big Safeway takeover
+ homelessness in the news: • Louisville Sally Ann, in $crunch, charges families $5/night after 1 free week
+ headlines from hell (tm)  • more Americans in poverty   • top 1% lost income but also paid less taxes 
• contrary to some conservatives, Friedman & Bennett say it's largely an accident of birth
+ 1 FLUFFsizing = makework rampant: • 10,000 new 'jobs' as Bushies drag more National Guard troops to Iraq
vs.  hope du jourtm - the only thing we haven't tried lately -  
TIMEsizing = strategic hope in the news - a record-breaking weekend thanks to GoogleNews:
• Schwarzenegger opposes overtime   • TVA in 1930s had 35-hour workweek
  • observations from Orlando on worksaving tech but longer hours   • retiring Minn. state trooper held to 8-hr day vs. relatives' long hours   • Guam phone co. has been on 32-hour workweek
  • trend-forecaster cites extended workweeks, rampant unemployment, collapsing middle class, shrinking dollar, mounting debt & bankruptcies   • Fla. teen murderer had been working megahrs
  • San Diego survey shows deepest benefit cuts in work-time options   • UK shipyard has been on reduced hours all summer to forestall layoffs   • UK shipping industry kvetches re skills shortage ahead of EU workhour controls   • UK pkg firm cut hours, not jobs, in 1997
  • Edinburgh childcare workers plan strike for 35-hour workweek   • Scottish teachers protest 50-hour workweeks   • English parents' child neglect due to long hours leads to couch kids
  • Aussies' long hours clobber love life   • multinational firms attack long Mediterranean lunch

weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 75
doom of the week
tm
from the WSJ & the NYT:
• 11 DOWNsizings, over 3075 jobcuts   • 3 bankruptcies   • 1 homelessness story   • 1 work-linked suicide story

vs.  hope of the weektm from the WSJ & the NYT:
• 31 TIMEsizing items (?? jobs saved)   • 7 UPsizings (3120+ new jobs)     + clouded hope: • 2 makework cases (10000+ new 'jobs')
{{ ytd: 475 timsizngs (20270+ new or sav'd jobs) + 75 upsizngs (24983+ new jobs) + 51 makwrk (196400+ 'jobs') =
total 241659 = 24% of cuts VERSUS 546 dnsz (1009695+ cuts) + 238 bkrp ($23.0B+) +22 homlss +65 prisn +37 suic }}

9/26/2003 fri
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 646 files, # visitors yesterday 9/25/thu: 873 (9/26/2002/thu: 773) -

headlines from hell (tm)  • the worse the company, the better the stock
+ 3 DOWNsizings, totaling 2950 lost jobs reported in WSJ or NYT:
• 1980 jobcuts by Levi Strauss   • 570 cuts by Northwest Airlines  
• 1% of S/W divison cut (400 jobs lost) as IBM reduces costs (& markets), instead of just trimming its workweek by 1% (5 minutes a day for whole division, including executives), re-investing overtime savings in overtime-targeted training&hiring & keeping everyone together working, earning, confident & buying 99% as many computers as usual  
vs.  glimmers of hope
Phil Hyde, economic designer & worktime news guy, speaks at Time Day event on Thu, Oct. 9
in Davis Square at Somerville Library/West Branch, 40 College Ave at 7 pm (7-8:30) in Somerville, Mass.

timesizing in the news = strategic hope ignored since Pearl Harbor -
• S.Korea's Ssangyong Motors' labor/mgmt agree on 5-day workweek but creditor squawks
• France looks backwards at longer workweek • PM scapegoats shorter week with deficit blame
• Puerto Rico stirs to talk of 35-hour workweek as unemployment solution
• Penn. county argues over longer weeks vs. hiring   • sloppy talk in Col. jail yields 12-day 'week'
• Ithaca NY living wage coalition mixes concepts & priority of worktime- over income-balancing
• British tutor touts 47-hour workweek
• Salt Lake prof touts output-jumping (= hours-cutting!) ability of new software
+ headlines from heaven in Wall Street Journal & New York Times = random hope:
• 3 UPsizings, totaling 2800 +?? new jobs as Mercedes doubles a plant in Tuscaloosa to 4,000,
and • Avon builds 800-employee plant near Moscow, and • Starbucks hires ?? in Paris

9/25/2003 thu
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 646 files, # visitors yesterday 9/24/wed: 892 (9/25/2002/wed: 756) -

headlines from hell (tm) - an orgy of Outrages du Jour today
• rich/poor gap widens   • and Pentagon wants 1000s more reservists   • duh, maybe Rummy should have a special force to guard&repair Iraq oilfields 6 mos. after he invaded   • finally the real(?) reason for the war - to defend the U.N!   • no wonder no protesters are allowed near duh pRez   • fear naught - US leads in arms sales, especially to poor nations where terror breeds   • education chief calls US minority schooling a 'system of apartheid'   • investors suddenly flee stocks like roaches when lights turned on
+ 3 DOWNsizings, totaling 130 +?? lost jobs reported in WSJ or NYT:
• 15% workforce cut (130 jobs lost) as McDonald's Holding/Japan clutches for more profit by chopping jobs (& markets), instead of just trimming its workweek 15% (to 6¾ hours a day for whole firm, including top execs), re-investing overtime savings in overtime-targeted training&hiring & keeping everyone together working, earning, confident & buying 85% as many burgers as before   • unspecified cuts by Sabre Holdings (Travelocity parent) and • Lawson Software
+ eroding retirement: • 100s of large employers have adopted cash-balance plans, which save them money by cutting older workers' pensions & inflate earnings by cutting pension liabilities
vs.  glimmers of hope
Jimmy Tingle, political satirist, entertains at Take Back Your Time Day benefit on Sun. (9/28)
in Davis Square at JT's theater, 255 Elm St at 7 pm (7-8:30) in Somerville, Mass., N/Boston

timesizing in the news = strategic hope ignored since Pearl Harbor -
• some parents turn against overscheduling their kids & programing little workaholics
+ headlines from heaven in Wall Street Journal & New York Times = random hope:
• Bush approval down to 49%, economy 43%   • 27 Israeli airforce reservists refuse to bomb civilians   • Chirac dresses down Bush at UN, wins big on applause   • Dems finally rev up attacks on war, 'uncivil' Ted Kennedy opens fire   • Microsoft's monopoly menaces US national security say 7 experts   • finally a CEO brought to trial: Tyco's Kozlowski   • CalPERS runs full-page ad for giving more say to long-term investors over director selection   • EU excludes Amazon-type patents on 'breathing' like 1-click shopping   • new IMF chief tells big boys (up for election) to quit pressuring others on currency controls

9/24/2003 wed
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 646 files, # visitors yesterday 9/23/tue: 979 (9/24/2002/tue: 696) -

headlines from hell (tm) - your Outrage du Jour
• $87B is more than all states' deficits combined, but only 5% of Bush's taxcuts for the rich
• Treasury Secy tells whopper - 'deficit will be halved by 2008'   • Ashcroft elicits pushback from Rehnquist
+ 1 DOWNsizing reported in WSJ or NYT: • 103 jobcuts by Disney/Japan after Heffalump Movie finished 
+ 2 bankruptcies:  • Botanicals International Extracts, Hauser, et al. in Chap. 11   • Kingdom Group in Chap. 7
vs.  glimmers of hope
Jimmy Tingle, political satirist, entertains at Take Back Your Time Day benefit on Sun. (9/28)
in Davis Square at JT's theater, 3 Elm St at 7 pm (7-8:30) in Somerville, Mass., N/Boston

timesizing in the news = strategic hope ignored since Pearl Harbor -
• 93% of 100 best firms for working mothers offer job-sharing (vs. only 22% nationwide)
• subtle index of demand for free time? - demand grows for properties requiring little mgmt
• Times reader squawks re imposition of telemarketers on his time, if not his money
+ headlines from heaven in Wall Street Journal & New York Times = random hope:
• 4 UPsizings, totaling 320 +?? new jobs as Gojo Industries plans at least 300 in N.C.,
• 20 + ?? in new Systems Biology Dept. at Harvard Meds, and • unspecified as McDonald's opens 25 in Russia and • Home Depot opens a mini in Manhattan

9/23/2003 tue
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 646 files, # visitors yesterday 9/22/mon: 971 (9/23/2002/mon: 770) -

headlines from hell (tm) - your Outrage du Jour
• now Bush is sending $8½ billion of our tax money to Turkey
+ 2 DOWNsizings, totaling 880 lost jobs reported in WSJ or NYT:
• 8% workforce cut (500 jobs lost) as TIAA-CREF overreacts to competition by chopping jobs (& markets), instead of just trimming its workweek 8% (38 minutes a day for whole firm, including top execs), re-investing overtime savings in overtime-targeted training&hiring & keeping everyone working, earning, confident & saving 92% as much for retirement as before   • 380 jobcuts by Toshiba   • 163 US cuts by Indian Motorcycle  
+ 1 bankruptcy in WSJ or NYT:  • MCSI Inc. in Chapter 11  
+ eroding retirement: • major major WSJ retirement story today = stats on "many
older workers to delay retirement till after 70"   • plus now Goodyear is ripping off its retirees
+ 1 PUFFsizing = makework rampant:  • EU allows France to bail out
Alstom to the tune of nearly 3.1B euros, saving unspecified jobs
vs.  glimmers of hope
timesizing in the news = strategic hope ignored since Pearl Harbor -
Juliet Schor & others speak at the Take Back Your Time Day kickoff on Thurs. eve (9/25)
in Harvard Square at the Unitarian church, 3 Church St at 7 pm (7-8:30) in Cambridge, Mass.
• 16-hour shifts after Isabel at utilities that didn't prepare for crises by cross-training

9/20-22/2003 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 F Sa Su, any of our 646 files: 803,548,602, wk's daily avg 803 )

6 DOWNsizings, totaling 11,000 +?? lost jobs cited in Wall St. Journal (WSJ) or NY Times (NYT):
• 14% workforce cut (3900 Japan jobs lost) as Mizuho Financial Group abreacts to continuing slump in banking & bump in bad loans, instead of trimming its workweek 14% (to five 6hr,53min days for whole company, including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning, confident & banking 86% as much as before   • 3700 jobcuts by Commonwealth Bank of Australia   • 3000 by GM   • 400 as Pentagon shuts 2 Euro sites   • ?? cuts by Interstate Bakeries & • Samsung
+ 1 bankruptcy mentioned in WSJ or NYT: • Metro Affiliates et al. in Chapter 11 jointly 
+ 1 work-linked suicide: • one S. Korean farmer stabs self to death
to protest WTO talks in Mexico, & another tries to torch himself at the funeral
+ headlines from hell (tm)  • we let sales taxes & VATs drag down velocity of money  • & credit-card companies practice daylight robbery via usury & then we ask, ‘where'd all the customers go???’  • just the same, income-gorged top brackets start another stock bubble  • & 120m 'Mercans (43%) don't vote  • & ozone hole grows on
vs.  hope du jourtm - the only thing we haven't tried lately -  
TIMEsizing = strategic hope in the news:
• world film & TV directors declare against working hours injurious to their own or other's health
+ random hope/headlines from heaven/glimmers of intelligence:
• Times reader equates effect of Iraq war on Americans with terror attack
• Journal columnist slams Microsoft for 'wrapping self in flag of innovation'
• more companies are 'voting with their feet' and going private
• Denmark's windmills flourish as Cape Cod's meet resistance

weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 53
doom of the week
tm
from the WSJ & the NYT:
• 21 DOWNsizings, over 20,433 jobcuts   • 6 eroding-retirement stories  
• 5 bankruptcies owing over $1.76B   • 3 prison stories   • 3 work-linked suicides

vs.  hope of the weektm from the WSJ & the NYT:
• 6 TIMEsizing items (?? jobs saved)   + clouded hope: • 3 makework items (60000 new 'jobs')
{{ ytd: 444 timsizngs (20270+ new or sav'd jobs) + 68 upsizngs (21863+ new jobs) + 49 makwrk (186400+ 'jobs') =
total 228539 = 23% of cuts VERSUS 535 dnsz (1006620+ cuts) + 235 bkrp ($23.0B+) +21 homlss +65 prisn +36 suic }}

9/19/2003 fri
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 647 files, # visitors yesterday 9/18/thu: 923 (9/19/2002/thu: 704) -

headlines from hell (tm)  • Clark says he would have voted for the war
+ 4 DOWNsizings, totaling 1263 +?? lost jobs reported in WSJ or NYT:
• 3% workforce cut (900 jobs lost) as Sun Microsystems overreacts to tech slump by chopping jobs (& markets), instead of just trimming its workweek 3% (14 mins. a day for whole firm, including top execs), re-investing overtime savings in overtime-targeted training&hiring & keeping everyone together working, earning, confident & buying 97% as much computer stuff as before   • 200 jobcuts by Toshiba   • 163 more cuts by Goodrich   • unspecified cuts by Ford
+ 1 bankruptcy in WSJ or NYT:  • Venture Holdings  
+ 1 prison story: • flesh-eating bacteria from cuffs claim mentally ill inmate in 'enlightened' Alabama
+ 1 PUFFsizing = makework rampant:  • Chirac & Schroeder have list of spending projects to revive Europe, still not realizing shorter hours make more efficient, market-oriented substitute
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• 35-hour workweek is now getting scapegoated for French pension-funding crunch
+ headlines from heaven in Wall Street Journal & New York Times = random hope:
• Blix pegs Bush & Blair as witchhunters   • neo-cons start gettin' heat for Iraq fiasco

9/18/2003 thu
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 644 files, # visitors yesterday 9/17/wed: 893 (9/18/2002/wed: 748) -

4 DOWNsizings, totaling 7300 +?? lost jobs reported in WSJ or NYT:
• 40% workforce cut (2600 jobs lost) as R.J. Reynolds Tobacco tries to compete with cheaper cigarettes, instead of just trimming its workweek 40% (to four 6-hour days for whole firm, including top execs), re-investing overtime savings in overtime-targeted training&hiring & keeping everyone together working, earning, confident & buying 60% as many cancer sticks as before   • 2500 jobcuts by WestLB   • 2200 more cuts by HP  
• unspecified cuts by United Industrial spyplanes
+ disability in the news: • disabled Americans spend $13.6B on 32m trips each year
+ 1general workplace-murder story: • 'only' 609 workplace homicides last year in U.S.
+ headlines from hell (tm)  • Bush admits he's seen no evidence Saddam Hussein involved in 9/11
+ 1 PUFFsizing = makework rampant:  • now Bushies want 'new' 40k-strong Iraqi army - at our expense
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• OECD wrings its hands over how to avoid making top brackets pay for retirement bulge - even considers ageist & sexist job preferences including flextime for women, instead of cutting to the chase with general workweek reduction

9/17/2003 wed
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 643 files, # visitors yesterday 9/16/tue: 929 (9/17/2002/tue: 725) -

2 DOWNsizings, totaling 570 lost jobs reported in WSJ or NYT:
• 5% workforce cut (500 jobs lost) as Toshiba fails to keep up with laptop price wars, instead of just trimming its workweek 5% (24 minutes a day for whole firm, including top execs), re-investing overtime savings in overtime-targeted training&hiring & keeping everyone together working, earning, confident & buying 95% as many laptops as before   • 70 jobcuts by ACD Knitting Mill
+ 1 bankruptcy in WSJ or NYT:  • David Schick & Venture Mortgage jointly  
+ eroding retirement: • relentless GOP pressure to return America to land of Warren Harding 1921  
+ 1 workplace murder-suicide: • Japanese man blows himself & 2 others up in dispute over back wages
+ headlines from hell (tm)  • US Senate restarts Cold War - vs. whole world - by voting 53-41 to fund Bush initiative to develop new generation of nuclear weapons   • poor nations walk out of trade talks cuz we're demanding they do things we never had to do in getting where we are
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• a week of rare Congressional victories for labor, including blocking double-edged fiddling with overtime without simply blanket-discouraging it in midst of unprecedented under-employment

9/16/2003 tue
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 643 files, # visitors yesterday 9/15/mon: 925 (9/16/2002/mon: 765) -

5 DOWNsizings, totaling 300 +?? lost jobs reported in WSJ or NYT: • estimated 300 jobcuts by Sprint
• unspecified cuts by Goodyear  • Farmland Industries  • PPL Therapeutics  • Women's United Soccer
+ 2 bankruptcies & 3 shutdowns in WSJ or NYT:  • NorthWestern Corp. owing 1.76B   • Fansteel  
• Farmland Industries co-op   • PPL Therapeutics   • Women's United Soccer Association
1 failed takeover in WSJ or NYT:  • Electricite de France went adventuring in the Argentine & is now trying to sell Empresa Distribuidora de Electricidad de Mendoza, which has never made profit
+ eroding retirement: • push to ease pension raids for biz loses steam in Congress, except in Senate Finance Committee   • Treasury goes ahead with attempt to ease older employees out of defined-benefit pensions despite House block   • Medicare has been fiddling around cutting benefits   • some pension plans are starting to live dangerously   • elder abuse rises 15% in Wisconsin
+ 2 prison stories: • 22 Fla. inmates charge guards torture them with
pepper spray & tear gas in lockup   • Saudi prison fire kills 67 inmates in Riyadh
+ headlines from hell (tm)  • world becoming turbulent faster than most companies become resilient
+ 1 PUFFsizing = makework rampant:  • Mass. Gov. Mitt 'da mitten' Romney thinks he's going to get min. 20,000 new 'jobs' out of $125m, 3-yr plan
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• family-leave advocates look to Canada for generous model, but...
• once-lovely Southwest Airlines joins Wal-Mart in getting tasks done off-the-clock

9/13-9/15/2003 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 F Sa Su, any of our 642 files: 764,614,672, wk's daily avg 790 )

3 DOWNsizings, totaling 1225 lost jobs cited in Wall St. Journal (WSJ) or NY Times (NYT):
• 700 jobcuts by Republic Technologies   • 325 by Danner Press   • 200 by Hoover
+ 2 bankruptcies mentioned in WSJ or NYT: • Atlas Air  • Snyder's Drug Stores
+ 2 FLUFFsizings = makework rampant: • now Bush wants $2B for Iraq oilfields, 3 times last month's project'n  
• Texas amended its 83,000-word Constitution 410 times, Alabama its 315,000-word 740 times
vs.  hope du jourtm - the only thing we haven't tried lately -  
TIMEsizing = strategic hope in the news:
• Wasserman cartoon pillories long hours needed to afford rising rents
• Ala. tax aversion evokes proposal to cut state troopers' overtime & move to 4-day workweek
• young people in Paris work same long hrs as London & NY despite official 35-hr workweek
• all Pres. Lula of Brazil has to do to solve his massive unemployment is follow VW/Brazil's overtime bans & reduced working weeks
+ random hope/headlines from heaven:
• 1 UPsizing - unspecified new jobs as Saks plans stores in Arab peninsula & Japan

weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 51
doom of the week
tm
from the WSJ & the NYT:
• 11 DOWNsizings, over 7300 jobcuts  
• 6 bankruptcies   • 5 eroding-retirement stories  

vs.  hope of the weektm from the WSJ & the NYT:
• 16 TIMEsizing items (?? jobs saved)   • 3 UPsizings     + clouded hope: • 6 makework cases
{{ ytd: 438 timsizngs (20270+ new or sav'd jobs) + 68 upsizngs (21863+ new jobs) + 46 makwrk (126400+ 'jobs') =
total 168539 = 17% of cuts VERSUS 514 dnsz (986187+ cuts) + 230 bnkrp ($21.2B+) +21 homlss +62 prisn +33 suic }}
9/12/2003 fri
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 642 files, # visitors yesterday 9/11/thu: 867 (9/12/2002/thu: 664) -

2 bank takeovers in WSJ or NYT:  • First Midwest Bancorp to buy
CoVest Bancshares for $102.5m   • HSBC to buy Polski Kredyt Bank for $7.8m
+ 1 DOWNsizing, totaling unspecified lost jobs reported in Wall Street Journal
(WSJ) or New York Times (NYT): • unspecified cuts by Assicurazioni Generali
+ 1 bankruptcy in WSJ or NYT:  • Plassein International  
+ headlines from hell (tm)  • 'rape us' trade deficit is rising again  
• healthcare rationing is already a reality - by unguided frontline workers
+ 3 PUFFsizings = makework rampant:  • costs escalate for Iraq contracts of Halliburton, like for importing fuel to the oil-rich country at cost of up to $6m/day   • EU is roasting France for bailing out Alstom execs @ $3½B   • int'l agency frees 200 boys whose parents sold them into slavery in Ghana
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• Volvo avoids layoffs with 2-week shutdown of truck factory in Allentown PA
• poor medical educator strains to get used to shorter limit on workweek for students - 80 hrs/wk
+ headlines from heaven in Wall Street Journal & New York Times = random hope: • STMicroelectronics created technology for tiny fuel cell to power mobile phones & increase battery charge to 20 days   • UAW near one deal for alal Big 3 a la Germany   • Treasury backs leveling playing field on life insurance benefits between execs & ordinary employees

9/11/2003 thu
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 642 files, # visitors yesterday 9/10/wed: 923 (9/11/2002/wed: 716) -

5 DOWNsizings, totaling 4810 +?? lost jobs reported in Wall Street Journal (WSJ) or New York Times (NYT):
• 5% workforce cut (3000 jobs lost) as International Paper tries to improve profit for top execs & shareholders at cost of consumer markets, instead of just trimming its workweek 5% (24 minutes a day for whole firm, including top execs), re-investing overtime savings in overtime-targeted training&hiring & keeping everyone together working, earning, confident & spending 95% as much as before   • 1000 jobcuts by 3Com   • 650 cuts by Levi Strauss   • 160 by Korn/Ferry International   • unspecified cuts by KeyCorp
+ 2 bankruptcies in WSJ or NYT:  • Micro Warehouse   • New Millennium Entertainment
+ headlines from hell (tm)  • foreign relations darken, Osama strolls on tape, stocks fall
• gee, why no allies rushing to help us with the huge blank check Bush has written to Cheney on our account?
• WSJ admits the stock market is a rigged game
• employers avoid hiring minorities as pre-emptive defense vs. accusations of racism if turbulence
• Calif. nears imposing unfunded health-insurance mandate on all in-state firms with 50 or more employees
+ 1 PUFFsizing = makework rampant:  • FAA's budget has ballooned 70% since 1996 to $14B, & fees & taxes on $200 air ticket have swollen from 11% since 1993 to 26%
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• workaholic Reuters reporter tries convince self that eurozone trending his way
• IG Metall diffuses energy from worktime focus to immodest pay demands
• Commerzbank whines that shorter workweek strike skewed its statistics
• S.Korean union failure to focus on worktime leads to last-minute cave
• US Senate blocks Bush's Jeckyll-Hyde overtime proposals, but...
• Senate panel OKs Bush's jumping welfare moms' hours from 30 to 40
+ headlines from heaven in Wall Street Journal & New York Times = random hope:
• 1 UPsizing with unspecified new jobs as KeyCorp plans 35 new consumer branches

9/10/2003 wed
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 642 files, # visitors yesterday 9/9/tue: 874 (9/10/2002/tue: 750) -

eroding retirement: • biotech lobby gets its way as Congress boosts Medicare payments for its treatments
• indep. rep. gets House to block Treasury's attempt to ease older employees out of defined-benefit pensions
• what chance have pensioners when pension regulators are besieged by lobbyists for short-sighted CEOs?
+ 2 DOWNsizings, totaling 1265 lost jobs reported in Wall Street Journal (WSJ) or New York Times (NYT):
• 500 jobcuts by Countrywide Financial   • 163 cuts by E*Trade Mortgage   • unspecified cuts by Tellabs
+ 1 bankruptcy in WSJ or NYT:  • California Heartscan's parent, in ailing preemptive-med-screening biz
+ headlines from hell (tm)  • Iraq adventure up to $1 billion A WEEK  
• employee share of health insurance up 48% in last three years 
• despite new stock bubble, insiders are bailing out like rats  
• transfers from 'failing' schools are crowding good ones
• Argentina defaults on IMF debt ($2.9B)
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• north German MD triggers suit giving EU doctors full worktime credit while on call at hospital
• HR society issues press release portraying opponents of overtime 'update' as myth spinners
+ headlines from heaven in Wall Street Journal & New York Times = random hope:
• big coal-fired electric power company, Cinergy Corp., pledges 5% emissions cut

9/9/2003 tue
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 641 files, # visitors yesterday 9/08/mon: 815 (9/9/2002/mon: 681) -

eroding retirement: • Lucent cuts retiree benefits   • HMOs' exodus from Medicare abates by 1 decimal point
+ headlines from hell (tm)  • consumer debt jumped 4%, $6 billion, in 1 month, July   • in every state, renters must earn at least twice minimum wage to afford modest housing   • WSJ - Bush's talk about spending discipline is hot air   • now Bush opposes EU effort to test chemicals for health hazards
+ 3 PUFFsizings = makework rampant:  • $36m of our $$ bestowed on bitty private biotech firm to develop smallpox pill   • 1st-world agrobiz gets $300B/yr   • France binges on bailouts - $450m for Bull, $333 for Allstom
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• conservative Wall Street Journal highlights need for family time
• France's conservatives continue finger-pointing at previously
targeted 35-hour workweek over high heatwave toll
+ headlines from heaven in Wall Street Journal & New York Times = random hope:
• 1 UPsizing with unspecified new jobs as UAL plans new discount airline
• heat rises on Ken Lay - at last!

9/06-9/08/2003 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 F Sa Su, any of our 640 files: 725,447,559, wk's daily avg 685 )

3 DOWNsizings, totaling 1450 +?? lost jobs cited in Wall St. Journal (WSJ) or NY Times (NYT): • RadioShack
• 13% workforce cut (1000 jobs lost) as Champion prefab homes over-reacts to continuing slump in demand, instead of trimming its workweek 13% (to five 7-hour days for whole company, including top execs), re-investing overtime savings in overtime-targeted training, & keeping everyone together working, earning, confident & spending 87% as much as usual    
• 450 jobcuts by Heineken   • unspecified cuts by Matsushita Electric Industrial
+ 2 bankruptcies mentioned in WSJ or NYT: • Rowe Int'l, owing $82m  • New Bedford Capacitor f/k/a Aerovox
+ 1 PUFFsizing = makework rampant: • Bush wants $87B more - as long it's somebody else's
vs.  hope du jourtm - the only thing we haven't tried lately -  
TIMEsizing = strategic hope in the news:
• 84% of 'full-time' prison doctors in Japan work less than 4 days a week in the prison
• French hold tenaciously to 35-hour workweek despite attempts to lengthen
worktime by guilt trippers exploiting elder heatwave deaths
• US average workweek held at 33.6 hours
+ random hope/headlines from heaven:
• 1 UPsizing - unspecified new McJobs in China
as McDonald's plans 100 new stores a year for next several years
• economists begin to wake up to the job-obsoleting implications of technology
• Orrin Hatch moves to let naturalized citizens run for Prez - NY Times supports
• new fuel cell uses bacteria & sugars

weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 59
doom of the week
tm
from the WSJ & the NYT:
• 13 DOWNsizings, over 208525 jobcuts   • 3 prison stories  
• 6 bankruptcies, owing over $107m   • 1 eroding-retirement story  

vs.  hope of the weektm from the WSJ & the NYT:
• 18 TIMEsizing items (2600 + jobs saved)   • 4 UPsizings     + clouded hope: • 4 makework cases
{{ ytd: 422 timsizngs (20270+ new or sav'd jobs) + 65 upsizngs (21863+ new jobs) + 40 makwrk (126400+ 'jobs') =
total 168539 = 17% of cuts VERSUS 503 dnsz (978887+ cuts) + 224 bnkrp ($21.2B+) +21 homlss +62 prisn +33 suic }}

9/05/2003 fri
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 640 files, # visitors yesterday 9/04/thu: 785 (9/05/2002/thu: 715) -

2 DOWNsizings, totaling 1265 lost jobs reported in Wall St. Journal or NY Times:
• 1000 jobs to be outsourced by Royal & Sun in UK     • 265 cuts by Marathon Oil    
+ 1 bankruptcy in WSJ or NYT:  • Twinlab, with $25m debt 
+ headlines from hell (tm)  • Bush's 6-pt plan for economic recovery are 5 pts of irrelevance & 1 pt for deeper downturn   • instead of America remaking Iraq in its image, Iraq is remaking America in its
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• Nippon Steel idles plant & 2600 employees based on 3 days of output reserves after explosion
• Nuclear Regulatory Commission limits security-force working hours to avoid fatigue
• Pennsy child labor laws limit working hours in several categories
•German 'leaders' talk up stepping backward into longer working hours
+ headlines from heaven in Wall Street Journal & New York Times = random hope:
• 1 UPsizing with unspecified new jobs as Home Depot opens first store in Manhattan

9/04/2003 thu
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 639 files, # visitors yesterday 9/03/wed: 873 (9/04/2002/wed: 727) -

5 DOWNsizings, totaling 2910 lost jobs reported in Wall St. Journal or NY Times: • 1100 jobcuts by Gateway     • 1050 cuts by PeopleSoft     • 440 by Ahold     • 200 by Ionics     • 120 by Albany International    
+ 1 huge PUFFsizing = makework rampant:  • 1 million new 'jobs' since 1999 on US govt
grants&contracts, to total of 12.1 million
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• news flash - there are 'left-wingers' in Britain’s labour
movement & some are militant about shorter working hours
• Deutsche Börse cuts its workday back from 11 hours to 8½
• US Fed rejoices falsely at longer work hours in manufacturing

9/03/2003 wed
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 639 files, # visitors yesterday 9/02/tue: 814 (9/03/02/tue: 761) -

1 DOWNsizing, totaling 2900 lost jobs reported in Wall St. Journal or NY Times:
• 6% workforce cut (2900 jobs lost) as DHL Holdings (USA) mops up after acquiring Airborne, instead of just trimming its workweek 6% (29 minutes a day for whole firm, including top execs), re-investing overtime savings in overtime-targeted training&hiring & keeping everyone together working, earning, confident & shopping 94% as much as before  
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• US medical students pick specialties with defined hours & chance to have a life
• Senate Democrats take offensive vs. part of Bush's proposed overtime (OT) rules
• AFL-CIO runs TV ads to support Senate Dems - but OT pay is 25% of OT workers' income
• reader points out that many Americans don't take vacation time because they're afraid of layoff
• after winning 35-hr week in E.German steel, IG Metall wins legal battle for recognition by IBM
+ headlines from heaven in Wall Street Journal & New York Times = random hope:
• 2 UPsizings with unspecified new jobs - Gerbig, Snell/Weisheimer ad agency & - BEA Systems

9/02/2003 tue
- keep hope-vs-doom acomin' with $25/yr subscrptn check to ‘ Timesizing.com with Phil Hyde’, Box 622,
Cambridge Ma 02140 USA  - all 639 files, # visitors yesterday 9/01/mon: 589 (9/02/02/mon: 502) -

2 DOWNsizings, totaling 200,000 +?? lost jobs reported in Wall St. Journal or NY Times:
• 8% armed forces cut (200,000 military jobs lost) over next 2 years as China shifts from overwhelming numbers to US-style technology, instead of just trimming its military workweek 8% (to five 7-hour 22-minute days for whole force, including top generals), re-investing overtime savings in overtime-targeted training&hiring & keeping everyone together working, earning, confident & spending 92% as much as now  
• unspecified cuts by Telstra
+ 3 bankruptcies in WSJ or NYT:  • The Museum Co.  • San Francisco Music Box Co.  • SFMB Acquisition
+ 3 prison items: • columnist wants 'connect the dots' from crime to education instead of jobs   • reader notes Massachusetts' tolerance for prison mayhem - Boston Strangler murdered in 60s & now Geoghan  
• JPI director wants subtract inmates, not add guards, but best 'treatment' is Jobs By Timesizing
vs.  glimmers of hope
TIMEsizing in the news = strategic hope ignored since Pearl Harbor -
• major umbrella union in Japan wants to shorten annual workhours to 1500 through worksharing
• USPS is trimming small P.O. hours to avoid downsizing by other than attrition
• Brazil sets free - & ends the uncapped workweek of - 800 slaves


Click here for dooms du jour in -
August/2003 + Sep.1
July/2003
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.

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


Top | Homepage