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...rank and yank--have spread in recent years to some 20% of U.S. companies, and the trend is growing. They're particularly handy during periods of economic slowdown like the present one, when employees tend to cling to their jobs rather than retire or change positions. That lowers the normal rate of departures through attrition--which can run as high as 20% of a corporate work force when people feel like job hopping--just when companies are seeking to cut their costs to satisfy Wall Street. "People are hearing about friends who have been let go," says John Challenger...

Author: /time Magazine | Title: Rank And Fire | 6/18/2001 | See Source »

...with two brothers in Hong Kong and then Weston, Conn., he was always an athletic kid, a tough gamer who developed a bump-and-grind one-on-one basketball game that allowed him to work his way close to the hoop. He was, his father Ed says, "a pretty normal kid. While bike riding, he might have run into a few more parked cars than other kids, but we didn't dwell on his going blind...

Author: /time Magazine | Title: Adventure: Blind To Failure | 6/18/2001 | See Source »

When he lost his vision, Erik at first refused to use a cane or learn Braille, insisting he could somehow muddle on as normal. "I was so afraid I would seem like a freak," he recalls. But after a few embarrassing stumbles--he couldn't even find the school rest rooms anymore--he admitted he needed help. For Erik, the key was acceptance--not to fight his disability but to learn to work within it; not to transcend it but to understand fully what he was capable of achieving within it; not to pretend he had sight but to build...

Author: /time Magazine | Title: Adventure: Blind To Failure | 6/18/2001 | See Source »

...with two brothers in Hong Kong and then Weston, Conn., he was always an athletic kid, a tough gamer who developed a bump-and-grind one-on-one basketball game that allowed him to work his way close to the hoop. He was, his father Ed says, "a pretty normal kid. While bike riding, he might have run into a few more parked cars than other kids, but we didn't dwell on his going blind...

Author: /time Magazine | Title: Blind To Failure | 6/18/2001 | See Source »

...When he lost his vision, Erik at first refused to use a cane or learn Braille, insisting he could somehow muddle on as normal. "I was so afraid I would seem like a freak," he recalls. But after a few embarrassing stumbles?he couldn't even find the school rest rooms anymore?he admitted he needed help. For Erik, the key was acceptance?not to fight his disability but to learn to work within it; not to transcend it but to understand fully what he was capable of achieving within it; not to pretend he had sight but to build...

Author: /time Magazine | Title: Blind To Failure | 6/18/2001 | See Source »

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