Word: cuttingly
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Dates: during 2000-2009
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Because station commanders and their bosses are rated on how well their subordinates recruit, there is a strong incentive to cut corners to bring in enlistees. If recruiters can't make mission legitimately, their superiors will tell them to push the envelope. "You'll be told to call Johnny or Susan and tell them to lie and say they've never had asthma like they told you, that they don't have a juvenile criminal history," Kagawa says. "That recruiter is going to bend the rules and get the lies told and process the fraudulent paperwork." And if the recruiter...
...ministers, and the firm quickly backtracked, saying it had been a "communication error." For companies receiving government bailout money, the pressure is even more intense: French President Nicolas Sarkozy has told Renault and Peugeot that the price for receiving subsidies during the crisis is that the auto makers cannot cut jobs in France...
...global economic crisis has led to the closure of 7.5% of the country's small and mid-size companies since the end of 2008. In February, the central government's powerful State Council ordered companies throughout the country to notify local government-backed labor unions if they planned to cut either 10% of staff or more than 20 employees. In Beijing, state-owned enterprises have been ordered not to lay off any of their employees this year. The government is also looking to make positive examples of private businesses that keep on staff. That's why Liu Jingyu, a local...
...hour days and Kramer had to take unpaid leave to prepare for his Aikido black-belt test. Even so, he's not thrilled. "I actually literally thought to myself before that I'd be willing to take a 20% pay cut to work 20% less hours," Kramer says. "But now that it's actually happened, I'm thinking work isn't so bad after...
...computers, motherboards and cable modems are made - three-quarters of the nearly 130,000 workers took at least one or two days of unpaid leave a week during the first two months of 2009. For firms with an eye on an eventual recovery, one of the main reasons to cut working hours and not jobs is that it reduces costs at the same time as preserving the talent base. But cutting hours also adds to the bigger macroeconomic problem currently hammering the world economy: lack of demand. Pay cuts eat into consumer spending, which in turn amounts to more...