Word: layoffs
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TIME: What role did the 1999 controversy over the layoff announcement play in this? MICHELIN: It made clear we needed to communicate better what we're about. Some companies state that their only objectives are profitability and better shareholder returns. We think that's incompatible with responsible long-term management...
Avid readers of TIME.com's Person of the Week feature will find this week's subject familiar. On August 30, nearly seven months ago, we wondered whether the American Consumer - enriched by mortgage refinancing but jarred by layoff announcements - would spend enough to keep the weakest U.S. economy in a decade from slipping into recession...
...Eagles’ impressive team speed allowed them to carry the momentum following the goal. They made it 2-0 when sophomore center Ben Eaves—recently back from a ten-game layoff due to a rib injury—capitalized on a two-on-one with 4:27 to play in the first period...
...least two dissatisfied former employees are suing. Richard Crosland, 55, a microbiologist suing for age discrimination after his 1997 layoff, worked primarily with botulinum toxin. "7-Eleven had better inventory controls than USAMRIID," he says. "The inventories were pretty much a joke. People often just filled them in using last month's forms. In my 11 years there, they never once asked for my botulinum toxin records. If I had taken it all home--which of course I didn't--no one would have known." How can he be sure? "After I was fired," says Crosland, "I made three trips...
...then the 20-day layoff between games due to exam period manifested itself in the worst way possible...