Does this sound like your job?

Faced with jobs that needed to be cut and insufficient volunteers, Aer Lingus apparently had a brainstorming session and put together a memo full of ideas on how to encourage employees to resign. Ideas included: Make employees wear nasty uniforms of jump suits and T-shirts. Send staff on long, tedious training courses. Tap people on the shoulder and casually suggest to them that they don’t really have a future with the company.


As painful as February’s big job cuts were, what’s even more painful is that many of those jobs are never coming back, as U.S. employers in a wide range of industries move more and more jobs overseas. That’s old news for manufacturers, who have been cutting jobs and moving them offshore for decades, but it’s a trend that’s also starting to gather steam in a number of service industries, especially information technology, formerly one of America’s best-paying industries.

7-11 improves profits

7-11 profits rise, so they close 120 stores. Why don’t they close 20,000 and make out like bandits?

Lucent announces steep cutbacks

[An anonymous e-mail making the rounds…] Lucent will reduce its workforce by an unprecedented 120 percent by the end of 2001, believed to be the first time a major corporation has laid off more employees than it actually has. Lucent stock soared more than 12 points on the news. The reduction decision, announced Wednesday, came after a year-long internal review of cost-cutting procedures, said Lucent Chairman Henry Schacht. The initial reportconcluded the company would save $1.