Word: laborities
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...animation contracts from studios predominantly in China, India, the Philippines, South Korea, Taiwan and Vietnam. But for all that Asian input, animated films inevitably "feel" Western. That's because the Western studios dominate the creative process, typically providing the story concept, script, character design and voice tracks, while the labor-intensive postproduction work is farmed out to Asia. Now, serial entrepreneur Richard Branson and a team of fellow pioneers say they're determined to "reverse the funnel" and produce world-beating Indian comic heroes for the digital age via the newly established Virgin Comics and Virgin Animation. "We will...
DIED. LENNART MERI, 76, witty, charismatic first President of independent Estonia after its 1991 split from the Soviet Union; in Tallinn. A survivor of a Soviet labor camp, he pushed free-market policies and established close ties with the U.S. during his two terms as President...
...could tear loose--metal barricades, a camera tripod and dozens of Parisian café chairs--at the shields of riot police. A Mercedes was flipped over, and a Renault set alight; Minis were tossed about like toys. THE BOURGEOISIE TO THE GULAG! read a graffito. "Maybe you can talk about labor flexibility in England or America, where there are lots of jobs," says Florian Louis, 22, a history student in Paris, "but not here. France wants no part in a race to the bottom...
...board of directors table. DaimlerChrysler has said it is looking for a reduction of 14,500 jobs at Mercedes, while Volkswagen in February announced 20,000 job cuts. In such an environment, Renault appears to be defying gravity by promising ambitious results without the pain of slashing labor costs. Indeed, Ghosn is pledging to increase annual car sales by 800,000 units by 2009, double operating profit margins and improve product and brand quality. "The lesson of the Nissan revival plan was, What's vital is the result, not the precise means of attaining it," says Ghosn...
...warned of," says Christophe Laborde, an auto-industry analyst for ING in Paris. That could undermine Renault's share price, Laborde continues, and force Ghosn to respond with wider job cuts such as rivals have made. Meanwhile, Philippe Martinez, head of the automotive sector at the General Confederation of Labor, France's labor union, is pleased that the plan has avoided firings. But he would also like to see "significant numbers of new workers" hired, "to allow us to produce so many new cars at higher quality standards within the tight deadlines the plan requires...