Word: layoffs
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Although Southwest has a higher proportion of union members among its employees than any other major airline, the 30-year-old carrier has never suffered a layoff or strike. Unlike any other CEO in the business, Jim Parker, 55, who joined Southwest in 1986 and took over the top spot from founder Herb Kelleher last year, personally leads most negotiations from Day One. "The biggest complaint in the industry is that management doesn't listen to employees," observes Southwest pilot Brad Bartholomew. "But you can't say that at Southwest. The top guy is in the room." After sometimes acrimonious...
...says author Po Bronson, who interviewed scores of laid-off tech workers for his forthcoming book What Should I Do with My Life? "With each success you slowly become more risk-averse because you get more and more scared of failing," he says. Experiencing the career failure that a layoff implies is "ultimately liberating...
...paper, Harvard’s 4-1 loss at UConn last season was among its worst of the season in the eyes of the NCAA tournament selection committee, because the Huskies ended up with a losing record. The game was a sluggish affair, due largely to a one-week layoff caused by Sept. 11. Harvard outshot the Huskies, but a hot UConn goaltender tilted the game’s result the other...
...ever to pick up the slack. "In giving it all to our jobs, we are running a great risk," she writes. "As Americans are working longer hours and investing emotionally in our jobs, we are simultaneously depleting our lives beyond work... When work fails--through a betrayal, rupture or layoff--employees who have given it all often find there is nothing to fall back...
...gift. Zahner saw that moment as a breakthrough in the talks. He says the bandanna will be "a treasure that I'll keep the whole time I'm in the industry." It took six months, but in late April, the union consented to changing the agreement?the no-layoff clause was dropped and the acquisition moved forward. Lee Beom Yeon, the union's executive director of policy and planning, calls the new agreement "unfair" but says the union had little choice but to concede. "Right now, the reality is that we have no alternative," he says...