Timesizing® Associates
hopes/dooms du jour, January 1-30, 2004
[Commentary] ©2004 Phil Hyde, The Timesizing Wire, Box 117, Harvard Sq, Cambridge MA 02238 USA (617) 623-8080 - HOMEPAGE
1/27/2004 tuesdays index to top US papers
1/24-26/2004 sat-mon (re fri biz) news index
1/23/2004 fridays index to top US papers
1/22/2004 thurs index to top US papers
1/21/2004 weds index to top US papers
1/20/2004 tuesdays index to top US papers
1/16/2004 fridays index to top US papers
1/15/2004 thursdays headlines from helltm
1/14/2004 weds headlines from helltm
1/13/2004 tuesdays headlines from helltm
1/10-12/2004 sat-mon (re fri biz)
1/09/2004 fridays headlines from helltm
1/08/2004 thursdays headlines from helltm
1/07/2004 weds headlines from helltm
1/06/2004 tuesdays headlines from helltm
1/03-05/2004 sat-mon (re fri biz)
1/02/2004 fridays headlines from helltm
1/01/2004 thurs headlines from helltm
2003 year-end roll-up - (fiscal- & half-year end)
compare last year, 2002, based on NYT & BG (first 6-mons) and NYT & WSJ (last 6-mons), and AOLNews for timesizing:
compare 2001, based on NYT & Boston Globe, and AOLNews for timesizing:
compare 2000, based on NYT & Boston Globe
compare 1999, based on based on Boston Globe alone (first 6-mons) and BG & NYT (last 6-mons)
Click here for dooms du jour in -
Questions, comments, feedback? Phone 617-623-8080 (Boston) or email us.
1/29/2004
thurs index to top US papers
- all 688 textfiles: # visitors yesterday 1/28/wed: 779 excl.spiders (1/29/2003/wed: 852 incl.spiders) -
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness in the news = strategic glimmers ignored since Pearl Harbor:
• markets treat labor as just another commodity - if in surplus, wages sink,
& take consumer markets and the whole economy down with them - unless we timesize
• Tampa police get rapped for overwork - 75 hour weeks...
• big German union still hemorrhaging political clout on higher wages instead of shorter hours
• Strategic Coach reminds entrepreneurs it's about working smart, not long - suggests Free Days
+ random glimmer of intelligence, in Wall Street Journal (j) or NY Times (t):
• let's outsource professors who defend outsourcing (j.A19)
1/28/2004
weds index to top US papers
- all 688 textfiles: # visitors yesterday 1/27/tue: 821 excl.spiders (1/28/2003/tue: 816 incl.spiders) -
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness in the news = strategic glimmers ignored since Pearl Harbor:
• Australia creeps ahead on working hours but mainly only moving around same number of hours & tying options to reproduction in age of overpopulation
• meanwhile, Germany appears to be throwing away its lead on the shorter-hour worksharing route to maximizing its domestic consumer base
• and S.Korea's high youth unemployment bolster the need for the worksharing of their new 40-hour workweek & maybe even adjust it lower
+ random glimmers, in Wall Street Journal (j) or NY Times (t):
• 2 UPsizings - ?? jobs as Calif. & federal officials move on plans for $37B 700-mile high-speed rail system (t.A19) & • as Reliance Group plans in India world's largest ($2.2B) gas-run powerplant (t.W1)
- all 687 textfiles: # visitors yesterday 1/26/mon: 808 excl.spiders (1/27/2003/mon: 789 incl.spiders) -
• fiscal 2004 deficit estimate is basically unchanged at $477 billion, CBO said (j.A1)
• long-term deficit expected to widen (j.A2), and 10 more hell hound headers
• Sovereign Bancorp (S&L) to gulp Seacoast Financial of New Bedford MA for $1.1B (j.C5, t.C4)
• some 'dinosaur' mergers still alive & thriving: Citigroup, Pfizer, GE (j.A15) - but in minority
• 'recovery' has had weaker job creation than any recovery since World War II (t.C1)
• education is no protection - white collar jobs are headed abroad (t.A27); plus 7 other downers
• ahead of the tape - Wall Street's baloney has a first name: R-E-S-T-R-U-C-T-U-R-I-N-G (j.C1)
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness in the news = strategic glimmers ignored since Pearl Harbor:
• more discussion of free time by WSJ - catching on?
• Multiplastics of S.C. switched to four-day workweek & cut hours to avoid layoffs
• world's largest private software company, SAS, has 7-hour workday
• 5.1%, or 230,000, of salaried South Koreans in their 20s, including self-employed,
average fewer than 27 working hours a week
+ random glimmers, in Wall Street Journal (j) or New York Times (t):
• general malaise - Dems want to get rid of Bush more than Repubs want to keep him (j.A14)
• on again, off again: corporate America & Dems split -
'forget Saddam, real enemy is Halliburton' (j.A4)
• US District Judge Audrey Collins rules parts of 'Patriot' Act curtail free speech (j.A6)
• tobacco industry gets bad news in 2 lawsuits (j.D12)
• our border brigades - how we've tried & tried to stop illegal immigrants (j.A14) -
but without prosecuting their U.S. employers
• Brazil won't renew accord with IMF (j.A12) = cutting the puppetstrings to hovering USA
- 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 687 files, F Sa Su: 683,459,529 - wk's daily avg 699) -
150 jobcuts as United Airlines trims Miami schedule (1/24 t.B4, 1/26 j.A11)
unspecified cuts as Bottom Line cabaret in Greenwich Village closes (1/24 t.A14)
'recovery' has weaker job creation than any recovery since World War II
education is no protection - white collar jobs heading abroad, plus other 7 stories
omnibus spending bill has $10.7B in 7931 earmarked 'sweetheart projects', 15 per Congressman
scale of US military spending faces GAO questions - $4B/mon for Iraqis & $1B/mon for Afghans,
& 6 more costly-caustics
vs. hope du jourtm
TIMEsizing = strategic hope - the only thing we haven't tried lately:
WSJ wakes up to erosion of most basic freedom = free time - dropped from 26 to 19 hrs/wk as median workweek jumped from 41 to 49, 1973-2003
Florida judge won't give class-action status to unpaid-overtime suit vs. Wal-Mart cuz doesn't have resources to calculate damages?! - plus 3 other stories
weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 67
doom of the weektm
16 DOWNsizings, over 19,644 jobcuts
4 bankruptcies
2 eroding-retirement stories
2 prison stories
1 work-linked suicide story
vs. hope of the weektm from the WSJ & the NYT:
13 TIMEsizing items (?? new or saved jobs)
0 UPsizing
+
14 makework items (?? new 'jobs')
{{ ytd: 77 timsizngs (600+ new or sav'd jobs)
+ 3 upsizngs (?? new jobs)
+ 37 makwrk (1503+ 'jobs') =
total: 2103 = 2.8% of cuts
VERSUS
56 downsizgs (76,458+ cuts)
+ 15 bankrupt ($??+) +2 homelessness +6 prison +2 suicid }}
- all 685 textfiles: # visitors yesterday 1/22/thu: 790 excl.spiders (1/23/2003/thu: 754 incl.spiders) -
• ahead of tape, rebound buzz belied by abnormally low mfg capacity usage (75%) & biz loans (j.C1), or 'about 74%', well below avg of 1972-2002 (1/26 j.A2)
• ex-Enron CFO indicted on 6 felony wraps, belies next headline: CEOs say 'too much regulation' (t.C1)
• union membership dropped 0.2 to 12.9% of all workers last yr, 0.4 to 8.2% in private sector (j.A14)
• where food comes from is unlabeled & unknown thanks to undebated doctoring of spending bill (t.A24)
• outlook for Oracle's hostile bid for PeopleSoft dims as Justice Dept. takes aim (j.A12)
• 1020 jobcuts (950+70) as Wilsons the Leather Experts close 100+28 stores (t.C4)
• 475 cuts as J.C. Penney closes Austin, Tex. telemarketing center (yay! - t.C4)
• 395 as Furniture Brands International closes 2 N.Carolina plants (t.C4)
• 240 as Motorola closes cellphone plant in Florida (t.C4)
• unspecified cuts as bankrupt (1/14) Factory 2-U closes 44 of its 239 southwest US stores (t.C4)
and • as Aurora Foods closes its HQ in St. Louis (t.C4)
• US economy growing, layoffs slower, but not much new hiring (j.A2)
• jobless claims show unexpected drop, OK dip, OK tick (1000/342000 = 0.0029), OK forget it (t.C2)
• the other America - Bush whistles past the unemployment lines (t.A25)
• offices vacancies are sky-high; so why no crisis? (cuz they say so on page one?! - j.A1)
• US wage inequality has begun widening again, due to persistent unemployment amid 'recovery' (j.A1)
• pResident proposes $30B for homeland security - indicates re-election strategy (j.A9, t.A19)
• Halliburton tells Pentagon that workers took Iraq-deal kickbacks (j.A1)
• sweet & lowdown on how sugar lobby is blocking fight against obesity (t.A25)
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness in the news = strategic glimmers ignored since Pearl Harbor:
• Hilton mounts leisure-time advocacy initiative
• Westward Industries cuts hours to trim layoffs
• European Parliament's Employment & Social Affairs Committee wants end UK's long hours
• Isle of Guernsey survey: 60% of mfg & non-financial service jobholders exceed 40 hrs/wk
- all 685 textfiles: # visitors yesterday 1/21/wed: 780 excl.spiders (1/22/2003/wed: 846 incl.spiders) -
• Bush budget pledge to hold down spending increases requires creative accounting (j.A4)
• growing global unease - sustainable recovery built on ballooning US deficits??? (j.A10)
• Bush offers menu of skimpy & warmed-over healthcare proposals (t.A24) but...
• lotsa stuff for gun lobby - gun dealers can wipe ID-check records after just 24 hours - THIS is homeland security? (t.A24) - correction: FBI must wipe them (1/24 t.A28)
• Bush backs food-labeling delay, never mind mad cow = more 'homeland security'? (t.A14)
• meanwhile, it's payback time against US travelers targeted by countries fees, red tape, visa rules (j.D1) = Bush's autistic foreign policy backfires again (that's IT: Bush & neo-cons are autistic!)
• South Financial Group to buy CNB Florida Bancshares for $157m (t.C4)
• 21% workforce cut (15000 jobs lost - there goes Rochester! - 'Tech blessing becomes Rochester's curse' (1/23 j.A8) as Kodak cuts costs (& markets) in response to digital push, instead of just trimming its workweek 21% (to five 6hr20min days for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone working, earning, & buying at least 79% as much camera gear as before (j.A1)
• 125 jobcuts as Rogers Corp. computer & wireless gear moves jobs from Conn. to China (t.C4)
• 100 cuts as Dutch grocer Royal Ahold closes US corporate retail HQ in Va. (t.W1)
• unspecified cuts as Smith & Wesson moves HQ from Ariz. to Mass. (t.C4) & as
• Johnson Controls consolidates plants in Europe (j.C6)
• Penn Financial Group Inc., under SIPA, 15 USC, §78aaa ff. (j.B7)
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
• Minneapolis Star Tribune features a good indictment of Bush 'overtime grab'
• Miami Herald connects dots from shorter hours to better productivity
+ random glimmers of hope in
Wall Street Journal (WSJ) or NY Times (NYT):
• US prosecutors work their way up Enron hierarchy toward Lay & Skilling - about time! (j.B5)
• Bush's profligate spending criticized by conservative Republicans including 40 GOP reps, Heritage Foundation, Club for Growth, WSJ editorial page (t.A1)
• ex-CIA aides press for inquiry by Congress over leak of undercover name (t.A1)
• 6-day anti-Davos Bombay forum is anti-war, draws 80,000 attendees from 100 lands (t.A6)
• Schering & Akzo Nobel launch joint trials in quest for elusive male contraceptive pill (j.D2)
- all 685 textfiles: # visitors yesterday 1/20/tue: 832 excl.spiders (1/21/2003/tue: 781 incl.spiders) -
on & on re Dean's guttural warcry, nothing re issues = slow news day? (t.A20)
no foolproof way seen to contain franken genes (t.A10 // j.A1)
economic talks draw elite to Davos but have no salient issue (except bottlenecking elistism) (t.A5)
another jobless GDP jump = China's 9.1%, so GDP irrelevant except as vibrator for investors (j.A1)
US dollar down again with rise of pastel Kerry candidacy & Bush hot air (j.C4, J.A1)
S.Korea gets into consumer debt 'solution' to flaccid consumer markets (j.A11)
big lesson from Iowa: it's still the economy (ie: jobs), stupid (j.A1)
job gains have been weak, but fewer jobless are receiving benefits - but fewer are eligible - & service-sector execs say they've got new jobs opening up - yeah, McJobs (t.C1)
dragged down by underperforming stores, America's moribund malls are calling on consultants (j.A1)
Ala. ends unique segregation of inmates with HIV from educational & vocational programs (t.A21)
Canadian carparts maker Magna owes success to ability to get government backing (t.C4)
Cambodian girls drift into brothel slavery (t.A29) & buying 1-2 girls' freedom no solution (t.A28)
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
Ontario gov't wants check with employers & employees about ending previous govt's allowance of up to 60-hour workweek - shades of Japan 3 years ago
- all 685 textfiles: # visitors yesterday 1/19/mon: 821 excl.spiders (1/20/2003/mon: 674 incl.spiders) -
the Taliban creep back in Afghanistan (t.A20)
Bush is going for broke, busting the budget to promise us the moon, & Mars as well - and his forced enlistment extensions for our National Guard & Reserve constitute an unlegislated draft (t.A21)
bigger isn't better for U.S. banks - so ... small is beautiful after all? (t.A20)
7% workforce cut (1500 jobs lost) as Alitalia cuts costs (& markets), instead of just trimming its workweek 7% (35 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 before (t.A5)
625 jobs lost as 84-yr-old Archibald Candy Corp. shuts down in Chicago (t.C4)
19 net layoffs (139 cuts -120 adds) as Lydall air filters closes Ohio plant (t.C4)
Hong Kong unemployment eases 0.2% for Oct-Dec from Sep-Nov, but still high at 7.3% (t.C9)
84-yr-old Archibald Candy Corp. filed bankruptcy in 2002 (t.C4)
Redwood Empire Restaurants & Levey Properties in Ch.11 (j.B4)
Frank Carone's $27m multiple fraud cases show gaps in US bankruptcy system oversight (j.C1)
Japan: bankruptcies decline 14.5% to 16,624 in 2003 from 2002, first decline in 4 years (t.C9)
Bush to bribe private HMOs extra 10.6% to enter Medicare mkt & boost benefits for seniors (t.A1)
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
WSJ admits fall in number of hours worked in Dec. is 'potentially aberrant'
UPI reporter wakes up to the deeper disempowerment layers of workaholism
Harvard law prof backs him up
echoes from England
+ random glimmer of hope in
Wall Street Journal (WSJ) or NY Times (NYT):
anti-Davos globalization World Social Forum held in financial capital, Bombay (t.A7)
1/17-19/2004 sat-mon (re fri biz)
news index
- 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 685 files, F Sa Su: 696,415,465 - wk's daily avg 685) -
eroding honesty in America belies Republican rhetoric
900 UK cuts by Boots (1/19 WSJ, B4)
369 by Federated Dept. Stores (1/17 T.B4, 1/19 J.B4)
no wonder, when even IBM now wants to save $168m/yr by offshoring 1000s of jobs - US programmer $56/hr, Chinese $12.50/hr (1/19 J.A1) - ergo 'recovery' still jobless (see our developing solution, 1/29/2004)
backlash looms as white-collar jobs leave US - last year 8 states mulled ending biz with foreign workers (1/19 Boston Globe.A3)
Bush's big marriage sell blows $1.5B on counseling etc. while ignoring joblessness (1/17 T.A30)
deadbeat firms in China owe backpay to tens of millions of migrant workers (1/19 WSJ, A1)
France closes 3rd industrial plant in Pas-de-Calais after 10 die of Legionnaires' disease (1/19 WSJ, A1)
at least 45,000 quit AARP over its support of Bush Medicare law (1/17 BG, A2)
US inquiry deepens into accusations vs. Halliburton unit KBR of fuel overcharges (1/17 BG, D1)
for Cheney-tied Halliburton, Uncle Sam brings steady profits (1/19 WSJ, A1)
Medicare bill gives additional $500m to private HMOs/insurance plans this year (1/19 WSJ, B4)
vs. hope du jourtm
TIMEsizing = strategic hope - the only thing we haven't tried lately:
new gov't set to end old govt's raising of workweek cap to 60 hrs
ruling party in Greece mulls 35-hr workweek
Ohio county cuts hours to avoid cutting jobs, plus 4 other stories
+ random hope:
1 UPsizing, ?? jobs as Home Depot plans 175 stores (1/19 WSJ, B4)
weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 120
doom of the weektm
21 DOWNsizings, over 47,032 jobcuts
1 homelessness story
8 bankruptcies
5 eroding-retirement stories
1 prison story
1 work-linked suicide story
vs. hope of the weektm from the WSJ & the NYT:
24 TIMEsizing items (600+ jobs saved)
1 UPsizing
+
14 makework items (1500+ prolonged 'jobs')
{{ ytd: 64 timsizngs (600+ new or sav'd jobs)
+ 3 upsizngs (?? new jobs)
+ 23 makwrk (1503+ 'jobs') =
total: 2103 = 3.7% of cuts
VERSUS
40 downsizgs (56,814+ cuts)
+ 11 bankrupt ($??+) +2 homelessness +4 prison +1 suicid }}
- all 685 textfiles: # visitors yesterday 1/15/thu:803 excl.spiders (1/16/2003/thu: 738 incl.spiders) -
Agriculture Dept. lets slaughterhouses choose which cattle to test for mad-cow disease (J.A1)
Fed doesn't bother tracking the variable that caused Great Depression, distribution of wealth (J.A1)
1% workforce cut (1500 jobs lost, T.C4) as Delhaize Group, Belgian retailer that's 5th-largest US supermarket operator, closes or sells 34 stores in its Kash n' Karry chain, instead of just trimming its workweek 1% (5 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 99% as much as before
800 jobcuts (24%) by Weirton Steel, W.Va. (T.C4)
37 (10%) by WCI Steel, Ohio (T.C4)
800 cuts by Samsung Electronics, S.Korea (T.W1)
manufacturers optimistic, though not about job creation (T.C2)
Bush, in reversal, champions program to help manufacturers - where the jobs aren't (J.A2)
ahead of tape - all economic indicators appear harmonious, except for monthly jobs report (J.C1)
Navigator Gas Transport, et al...Ch.11 (J.C13)
ATX Communications (T.C9)
PBGC, US insurer of pensions, says its deficit has soared from 3.6 to $11.2B in 1 year (T.C1)
Bush, in reversal, champions program to help manufacturers (J.A2) - $40m for 'Manufacturing Extension Partnership' he once targeted for elimination
question on Halliburton contract (T.A14) - chose pricey gas supplier for Iraq in just 1 day after mulling only 3 bids
injuries caused by accidents cost US economy $117B a year (J.A1), which goes right into the GDP
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
WSJ admits fall in number of hours worked in Dec. is 'potentially aberrant'
Swiss Employers Assoc. recommends job sharing
now Taiwan vies for booby prize for longest working hours
state rep in N.H. proposes benefits for part-timers (like Netherlands)
- all 685 textfiles: # visitors yesterday 1/14/wed:767 excl.spiders (1/15/2003/wed: 764 incl.spiders) -
big mergers like this have long history of failure & troubles
1421 jobcuts as US Air closes Allegheny 'Agony' Airlines
United & Delta increase pressure on employees for concessions
now Bush regime via FCC wants stronger obscenity curbs
French gov't orchestrated bailout of Alstom, Paris transport & power-engineering firm, last summer
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
UK's Asda offers job-sharing
WSJ doesn't want you to pass workaholism on to your children
UK consulting firms whine about EU's 48-hour workweek cap
US unions complain re new overtime law
down-under employers face demands to ease required work hours
- all 685 textfiles: # visitors yesterday 1/13/tue:799 excl.spiders (1/14/2003/tue: 843 incl.spiders) -
Boston Globe reader flags editorial linking overpopulation & war
Journal reader restores commonsense definition of conservative (law-abiding) relative to illegal aliens
second Globe reader holds up mirror to those screeching against criticism of Bush
32,000 jobcuts by German military
1300 cuts by Bake-Line Group
1000 by Union Pacific RR
217 by Rayovac
94 by Franklin Electric
unspecified cuts by Hewlett-Packard and
SureBeam
Ch.7 filed by Bake-Line
Bush now wants to boost deficit with 5% more to NASA for Mars, never mind healthcare on Earth
Bush wants $1.5B to promote (hetero) marriage in overpopulated world
Bush condescends to let Canada bid for makework in Iraq
"People's" Republic of China gives $41B to its wealthiest bankers
new Malaysian PM vows end to favoritism in gov't contracts - ri-i-ight
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
job sharing in Ireland
America's short-sighted work ethic mistakes absenteeism (taking sick day) for sloth &
'presenteeism' (face time) for productivity
Melrose MA highschoolers in training for workaholism
Dollar General stores loses lawsuit to 90-hr/wk 'exempt' manager
- all 684 textfiles: # visitors yesterday 1/12/mon:848 excl.spiders (1/13/2003/mon: 790 incl.spiders) -
beginning of end of American Consumer Miracle - retail stocks waning, Asian exporters worrying
record numbers of corporate account restatements
258 jobcuts by Disney
205 by InterMet
131 by Graphic Packaging
unspecified cuts by SureBeam
Pentagon extends Iraq tours for 1,500
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
South Korea's into job-sharing for job creation
retirement tips from Montreal - such as easing in with reduced workweeks
now Wal-Mart has been overworking minors & working them during school hours
CEOs as job killers via offshoring & downsizing, not timesizing
+ random glimmers in
Wall Street Journal (WSJ) or NY Times (NYT):
New Mexico is phasing out some sales taxes
- keep hope-vs-doom comin' with $25/yr subscription to
Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140
(#visitors to any of our 683 files, F Sa Su: 670,422,543 - wk's daily avg 662) -
liberals don't have as clear an agenda as conservatives, so lose out on talk radio
7% workforce cut (700 jobs lost) as Cargill meatpackers cripples its future to improve earnings, instead of just trimming its workweek 7% (15 minutes a day for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & buying at least 93% as many paper products as usual
315 cuts by Smurfit-Stone
270 by Swift
40 by Tyson Foods
TIMEsizing = strategic hope - the only thing we haven't tried lately:
jobsharing at Ford plant in Oakville ONT has saved jobs
South Korea has not reduced workweek enough to reduce income gap
plus 4 stories on work/life balance in Britain
weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 55
doom of the weektm
16 DOWNsizings, over 9110 jobcuts
1 homelessness story
2 bankruptcies
8 eroding-retirement story
1 prison story
vs. hope of the weektm from the WSJ & the NYT:
26 TIMEsizing items
2 UPsizings
(?? new jobs)
+ clouded hope:
6 makework items (?? new 'jobs')
{{ ytd: 40 timsizngs (?? new or sav'd jobs)
+ 2 upsizngs (?? new jobs)
+ 9 makwrk (3+ 'jobs') =
total: 3 = 0.03% of cuts
VERSUS
19 dnsz (9782+ cuts)
+ 3 bkrp ($??+) +2 homlss +3 prisn +0 kills }}
- all 683 textfiles: # visitors yesterday 1/08/thu:719 excl.spiders (1/09/2003/thu: 802 incl.spiders) -
late shoppers give retailers boost but based on small luxury sector & deep discounts elsewhere
one Enron prosecution is moving slowly but Bush is still shielding & blocking
est. 500 jobcuts by Toshiba
15% workforce cut (185 jobs lost) as Instinet e-broker splits operations & cuts office space, instead of just trimming its workweek 15% (to five 6¾-hour days for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & investing at least 85% as much as before
unspecified cuts by Matsushita Electric Industrial
some firms with many retirees could post big earnings thanks to acctg 'guidelines' for drug subsidies
federal pension agency protects retirement incomes of 44m Americans in 32,500 private defined-benefit pension plans = waaay over-extended
disability rates are up 40-50% over past two decades, & obesity prime suspect after lack of jobs
no end to sex trade without global worksharing
US entangled in disputes in Iraq while Powell again admits no link to 9/11
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
even in worksharing Germany, pension costs are being shifted to employees = all the more reason to rely on workweek, not worklife, fluctuation
Holcomb Tyson Fresh Meats' 10 US plants run on reduced 32-36 hour workweeks to avoid layoffs
Britain in general & Scotland in particular spin sugarpill worktime 'regulation' as the real thing
The Economist mag spins EU's 48-hour workweek max as terrible burden for employers
shortened workweek (40 hrs) will be phased in at all work sites in S. Korea by 2011 - welcome to 1940 America, as US & UK go back to 44 hrs & above
spokesman in Dubai doesn't like that 40-hr workweek 'foist' upon insurance industry
- all 682 textfiles: # visitors yesterday 1/07/wed:770 excl.spiders (1/08/2003/wed: 744 incl.spiders) -
monopolies, like Microsoft, stifle innovation, as on browsers
quick to close its own borders vs. suspect beef, US in no position to ask others to lift bans vs. it
Bush plan for immigrant workers offers social-security benefits, including to some illegals
recent history of American poverty - starting up again
ban lifted on MCI bidding for US gov't contracts
Bush plans to ease 20-year-old rule prevents dumping of coal mining spoils in mountain streams
Bush reasserts right to declare its own citizens enemy combatants
eroding working-age skills are pulling CEOs & now NFL coaches out of retirement
scientists predict widespread extinction by global warming (possibly of us?)
4500 jobcuts by IRS
unspecified cuts by Boise Cascade
Great Atlantic & Pacific Tea
Monsanto
some firms with many retirees could post big earnings thanks to acctg 'guidelines' for drug subsidies
federal pension agency protects retirement incomes of 44m Americans in 32,500 private defined-benefit pension plans = waaay over-extended
US withdrawal of weapon hunters from Iraq means war fiasco was pure makework
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
federal pension benefits chief quits to devote more time to his family
union official in Minn. nails conflict-of-interest in Labor Dept. memo on overtime
Deutsche Telekom proposes 10% hours & pay cut as it struggles back to profitable growth
+ random glimmers in
Wall Street Journal (WSJ) or NY Times (NYT):
1 UPsizing - unspecified new jobs as WalGreen plans new distribution center in S.C.
Bush's stumbling at least triggers discussion of immigration
op ed advises candidates to get religion out of politics
- all 682 textfiles: # visitors yesterday 1/06/tue:816 excl.spiders (1/07/2003/tue: 707 incl.spiders) -
1300 jobcuts by EarthLink
14 by Baltimore Sun
unspecified cuts as Pentagon closes bases
Northrop, United & BAE to develop system to save commercial jets from shoulder-launched missiles
Bechtel unit nearly doubles its work in Iraq with additional for $1.82B
China announces new, $45B bailout of 2 big banks
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
Tyson continues reduced hours at beef plants to adjust to mad-cow scare in U.S.
young US doctors flood specialties that leave them some life of their own
Nottingham UK schools splits principalship between married couple
EU averages 39.3-hr workweek, UK 43.3...sleep deprivation
small NZ exporters reduce working hours to stay afloat as US dollar sinks
+ random glimmers in
Wall Street Journal (WSJ) or NY Times (NYT):
1 UPsizing - unspecified new jobs as Panama Canal needs spend billions to add or widen locks
- all 684 textfiles: # visitors yesterday 1/05/mon:691 excl.spiders (1/06/2003/mon: 688 incl.spiders) -
2% workforce cut (311 jobs lost) as Elder-Beerman follows takeover of Bon-Ton Stores with HQ overlap jobchop, instead of just trimming its workweek 2% (10 minutes a day for everyone, including top executives), re-investing overtime savings in overtime-targeted training&hiring and keeping everyone together working, earning, confident & shopping at least 98% as much as before
and generally, NYT & WSJ debate free-trade's effect on jobs &
practice of off-shoring jobs
blood sample for FBI's forensic database
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
motorist doesn't understand why gov't thinks letting truckers drive 11 hours straight instead of 10
will improve safety - neither do we
women lawyers in Canada are pushing for shorter workweeks
WSJ goes over EU's opposition to UK's opt-out of EU's 48-hour workweek cap
EUPoliltix reports on EU unions' disappointment with EU's opt-out on ending UK's opt-out
employees at Ford's Land Rover unit in UK are using overtime ban & 37-hour workweek to
pressure mgmt into giving them higher raise
Australian Labor Party wants to change casual workers to permanent part-time employees with
benefits, as in Netherlands
- keep hope-vs-doom comin' with $25/yr subscription to
Timesizing.com with Phil Hyde, Box 622,
Cambridge Ma 02140
(#visitors to any of our 683 files, F Sa Su: 453,402,404 - wk's daily avg 418) -
TIMEsizing = strategic hope - the only thing we haven't tried lately:
• timesizing gains an ally in removing a great obstacle - Bill Ford calls for national healthcare
• Brits have longest workhours in Europe - men work same hours as their fathers in 1940s & 50s
• 1/3 of Brits aged 50-69 want to retire gradually by reducing working hours before full retirement
weekend roll-up -
5 issues/wk - wk's avg homepage hits/issue: 42
doom of the weektm
4 DOWNsizings, over 785 jobcuts
1 homelessness story
2 bankruptcies
1 eroding-retirement story
3 prison stories
vs. hope of the weektm from the WSJ & the NYT:
22 TIMEsizing items
+ clouded hope:
3 makework items (3+ new 'jobs')
{{ ytd: 14 timsizngs (?? new or sav'd jobs)
+ 0 upsizngs (0 new jobs)
+ 3 makwrk (3+ 'jobs') =
total: 3 = 0.4% of cuts
VERSUS
3 dnsz (672+ cuts)
+ 1 bkrp ($??+) +1 homlss +2 prisn +0 kills }}
- all 682 textfiles: # visitors yesterday 1/01/thu:281 excl.spiders (1/02/2003/thu: 585 incl.spiders) -
mergers & acquisitions are moving again - & so will soon be downsizings
US firms sped up pace of takeovers in Europe - so expect also the reverse, & even less accountability
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
British paper advises, skip post-holiday depression by making sure you take your breaks
& leave the office on time
plus 7 other stories
- all 681 textfiles: # visitors yesterday 12/31/wed:392 (1/01/2003/wed: 338 incl.spiders) -
552 jobcuts as US Airways shifts from timesizing to downsizing
120 cuts as Rayovac closes last 65 Remington razor service stores
investigation of Conn. Gov. Rowland widens to include 3 patronage jobs he got for partners' kids
vs. glimmers of hope = headlines from heaven
TIMEsizing consciousness on the newswires: = strategic hope ignored since Pearl Harbor -
US Airways delayed 552 layoffs for over a year by offering longtime employees unpaid leave
till this Jan.15 to preserve junior employees' jobs
insurance industry in United Arab Emirates cuts from 6(?) to 5-day week,
takes Thu-Fri as its
new 2-day weekend
South Korea readies for cut from 44- to 40-hour, 5½- to 5-day workweek this year,
big firms starting in July
Chirac is still shadowboxing with 'competitiveness' instead of implementing full-scale
workweek adjustment vs. 9.6% unemployment (1 hour cut = 1% drop 1997-2001)
- our fifth year of news tracking, third year of timesizing news tracking -
ytd = jan-dec/2003 based on NYT & WSJ and for timesizing, AOLNews (jan-sep) & GoogleNews (oct-dec)
845 timesizing stories (20595+ new/saved jobs) + 105 upsizings (82545+ new jobs)
+ 154 makework episodes (269543 new "jobs"), total 372683 = only 28% of jobcuts
vs. 693 downsizings (1322987+ cuts)
+317 bankruptcies ($23.2B+) +34 homelessness stories +97 prison stories +52 fatalities
523 timesizing stories (83230+ new/saved jobs) + 141 upsizings (101658+ new jobs)
+ 29 makework episodes (219400 new"jobs"), total 404288 = only 38% of 1076326 jobcuts
vs. 804 downsizings (1076326+)
+221 bankruptcies ($103.9B+) +69 homelessness stories +81 prison stories +47 fatalities
404 timesizings/sharework +164 upsizings (194,907+ new jobs = 10% of jobcuts) + 59 untakovrs (over $138B)
+ 8 makework episodes (100,000+ new "jobs"), total 294,907 = 15% of jobcuts
vs.
1418 downsizings/cutwork (1,921,040 jobcuts +??)
+ 196 bankruptcies
+ 1,463 takeovers (total $1 trillion +??)
December 2-31/2003
November/2003 + Dec.1
October/2003
Sept.2-30/2003
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.