Word: dons
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And you think that attitude follows from the way Wall Street works? What a lot of folks don't realize is there are tons of layoffs on Wall Street even during a boom. What they value is not worker stability but constant market simultaneity. If mortgages aren't the best...
How does that translate to the rest of corporate America? The kind of worker they imagine is a worker like themselves. A worker who is constantly retraining, a worker who is constantly networked, a worker whose skill set is very interchangeable, a worker who thinks of downsizing as a challenge...
Do you think things have changed in the recent collapse? I think it remains to be seen, but I don't think the culture of Wall Street has substantially shifted. Even in the midst of this major global financial crisis, Wall Street has still continued to resist change. And I...
Since the new flu virus was officially declared a pandemic on June 11, the disease has spread faster in six weeks than past pandemics had spread in six months. Virtually every nation in the world has been infected, with the U.S. alone - which has 263 confirmed deaths, more than any...
In Britain, the hardest-hit country in Europe, the government's chief medical officer caused a brief stir last week when he said that the National Health Service was preparing for a worst-case scenario of 65,000 deaths from the flu next winter. To prevent hospital overcrowding, the NHS...