Word: headcounters
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...laid-back nature of laid-off New England retail employees: "Retailers continue to manage inventory levels tightly...Most respondents have invoked hiring freezes and some have already reduced or are considering reducing headcount in the near future. Several contacts have have also frozen wages or eliminated bonuses or retirement contributions, and note that employees have taken the news of these freezes and jobs cuts 'remarkably well...
...sound surprising to those who don't consider the decennial headcount a red-hot political matter, but the census has become the controversial subject of an ongoing power struggle between Democrats and Republicans. And since the 2010 census will be the first in 30 years to be taken under a Democratic administration, the stakes are particularly high this time around. (See behind-the-scenes pictures of Obama's Inauguration...
...Indeed, at the level of pure headcount, Europe has few extra soldiers to send. European nations already provide around half of the 50,000-strong ISAF force in Afghanistan, with the British, French, Germans and Dutch making the principle contributions. On top of that, this week the E.U. launched its first naval operation: a mission to fight piracy and armed robbery off the coast of Somalia. Since the beginning of 2007, the E.U. has had 15 'battlegroups', each with at least 1,500 soldiers, dealing with local crises around the globe. "They are not just chicken, they are not just...
...unsuccessfully sued the state of California, claiming that it should be exempted from minimum wage laws because paying its workers more would require the group to reduce headcount and would make its workers less sympathetic to the poor. (ACORN publicly supports the living wage and has led coalitions to win minimum wage increases in several states...
...while the buyout agreement could help cut GM's payroll, it could also end up exacerbating its other major problem, crippling employee retirement costs. John Murphy, the auto analyst for Merrill Lynch, warned in a note to investors, "The accelerated retirements at GM may result in a lower active headcount, but further exacerbates GM's already heavy burden of 2.5 retirees to active workers. Furthermore, GM continues to structurally shrink as it loses market share in the U.S., which means that a smaller company is supporting more retirees. Until GM stabilizes market share, rationalizes capacity at every point...