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...There’s never been a month in my 20 years at the union where nobody got laid off at the university,” he said, referring to normal fluctuations in employment. “Saying ‘no layoffs’ is an oversimplification, so we’re going to make sure that there is as little impact as possible on our members because of this...
With membership falling by 250,000 in just five years, the Scouts have done a lot of soul searching. The group hired a management consultant and marketing team and laid out a "core business strategy" to make its programs "more purposeful," as one executive put it. Although November is cookie month - your doorbell may be ringing - the Scouts don't want to be known for cookies and camping anymore. Instead, executives use phrases like "outcomes-based," "pathways," "gap teams," "fading brand image" and "market share" to describe the new approach. (See pictures of pioneering women in space.) (See pictures...
...Dongguan, it already has. On the evening of Nov. 25, another large toy factory here, Kai Da Manufacturing, laid off more than 600 of its workers because of slowing production. According to participants and eyewitnesses to what followed, a large group of the workers gathered in the front courtyard of the factory demanding to know what compensation they would receive. At first, a company manager told them that anyone with a good work record and less than five years' service would receive less than 10,000 RMB - less than $1,500 at today's exchange rates. Anyone with a good...
...gloom-and-doom camp makes a persuasive case. Nouriel Roubini, a professor at New York University, had been warning for years of the dangers of an international financial implosion - and the current economic crisis proved him depressingly right. In a recent article Roubini has laid out a bleak scenario for China. "The risk of a hard landing in China is sharply rising," he writes. "A deceleration in the Chinese growth rate ... is highly likely, and an even worse outcome cannot be ruled out." But a clique of China specialists inside the country predicts a different outcome. They believe that...
...grasp the logic of this strategy, start with the fact that Obama's likely national-security picks don't actually disagree very much with the foreign policy he laid out during the campaign. Jones is on record calling the Iraq war a "debacle" and urging that the detention center at Guantnamo Bay be closed "tomorrow." Gates has also reportedly pushed for closing Gitmo and for faster withdrawals from Iraq. He has called a military strike against Iran a "strategic calamity," urged diplomacy with Tehran's mullahs and denounced the "creeping militarization" of U.S. foreign policy. (You don't hear...