Word: layoffs
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Furthermore, despite the reduction in staff positions, Jaeger said that all of the HUCTW workers affected by the layoffs should "absolutely" be able to find alternative jobs at the University in the coming months. He said that even the definition of the word 'layoff' is ambiguous in some cases, since staff in various schools and departments are being told that they can either lose their employment or consider alternative jobs...
...negotiations about the layoffs between Union and human resource officials were made in "good faith" by the University, said Galvin, who noted that by the time the layoff process is complete, there will have been roughly 75 bargaining sessions conducted over four weeks. He said that during these meetings, representatives from Harvard "either suggested alternatives to layoff or entertained union suggestions, explored or agreed to some voluntary process for layoff selection, and generally answered questions and responded to follow-up information requests...
...faculty assistants at the Law School that two of them would have to go, according to faculty assistant Maura H. Kelley, who said she found the gathering “very upsetting.” She said the convened staffers were given 48 hours to accept a voluntary layoff, but only one faculty assistant stepped forward to take the offer—leaving a looming job cut whose victim has yet to be determined...
Some people, like Gandy, take these courses for therapeutic, rather than practical, reasons. "It's really nice to have someplace to go to forget about all that other stuff," says Gandy, referring to her layoff and search for another full-time job. Others play tunes for the extra income. Tony Colvin, who lives in Aurora, Colo., lost his job at a Dow Jones pressman last August. "Deejaying was a pipe dream," says Colvin, 44. "But once I got out of Dow Jones, I really wanted to give it a go." He bought $5,000 worth of equipment, and spent another...
...there are early signs that the massive influx of government spending is already accomplishing its main goal: easing China's economic slowdown, which has been headlined by double-digit declines in exports, thousands of factory closures and the layoff of about 20 million workers. Economic statistics for the first quarter of 2009 were surprisingly positive, leading some economists to conclude that the rate of contraction was slowing and that China might be on the road to recovery. Power-generation and transportation statistics, key indicators of the economy's direction, registered modest increases in March after months of decline. Banks lent...