Word: jobbed
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...United States. Educated at international schools in Nairobi, Ndesandjo, an American citizen, moved to the U.S. after high school, where he earned physics degrees from Stanford and Brown as well as an executive M.B.A. from Emory University. Soon after 9/11, he was laid off from his marketing job at telecommunications-equipment maker Nortel Networks in Atlanta. He decided to reinvent himself by moving to China, a country he had visited with classmates while at Emory. Since 2002, he has taught English and worked as a business consultant in Shenzhen, a 14 million-strong metropolis in southern China, just across...
...final straw apparently came last month, as the Elysée fought to quell accusations of nepotism around a bid by Sarkozy's son to attain an influential public job. As fellow cabinet members rejected any suggestion of favoritism or conflict of interest in the younger Sarkozy's move, Yade noted that the affair didn't look innocent to the public. "We must not give the impression that there is a gap between the protected élites and the little people," she said. (Read "Sarkozy Backs Appointment of Son to Key Job...
...excesses of American-style capitalism. In September, European Commission President Jose Manuel Barroso declared that workers' rights and "social cohesion" were top priorities on the Old Continent. And Italy's veteran Economy Minister, Giulio Tremonti, went out of his way last month to praise the posto fisso (guaranteed job for life) as a supreme public value. (See which businesses are bucking the recession...
...circles, such talk would hardly turn heads. But those three men wagging their fingers at the free market were thought to have their capitalist bona fides as part of a generation of European business and government leaders who had pushed for reforming the welfare system and opening up the job market. Often in open ideological war against the entrenched interests of labor unions and leftist politicians, the likes of Sarkozy and Tremonti had long insisted that free-market reforms were the only way to create a more dynamic Europe in an increasingly competitive globalized economy...
...Tremonti, Silvio Berlusconi's top economic-policy aide since the media mogul first entered politics promising Thatcherite reforms, has been accused by his critics of adopting a populist strain similar to Sarkozy's. He shocked the Italian establishment with a vigorous Oct. 19 defense of the job for life, which many in the center-left opposition don't even stand up for anymore. "Mobility in itself isn't a value," he told a Milan conference. "The lifetime job is the base on which to build a life and a family. For me, the fundamental objective is stability of work, which...