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Then there is the fact that companies often continue to see high turnover, always a destabilizer, even after the layoffs are done. A study by Charlie Trevor and Anthony Nyberg of the University of Wisconsin-Madison found that companies with big staff cuts saw, on average, an annual turnover rate of 13%, compared with 10.4% for firms with no layoffs. And it's not just any old employees walking out the door. "Often the best leaders leave," says Kim Cameron, a professor of management and organizations at the University of Michigan's Ross School of Business who studies layoffs. "They...
...Administration. Environmental groups including the Southern Utah Wilderness Alliance (SUWA) had been fighting the move, arguing that the energy companies would damage nearby national parks and culturally sensitive areas. But the fight seemed lost, until DeChristopher, an economics student at the University of Utah, arrived at the sale. "I saw this as a very corrupt and fraudulent process, and a threat to my future," he says...
...Tight throughout a second half that saw three ties and six lead changes, the Quakers (5-10, 1-0 Ivy) took the lead in the final two minutes and held on to it to give the Crimson (9-7, 1-2 Ivy) its second-straight home Ivy loss. Harvard got 14 points and six boards from junior forward Doug Miller and 13 from junior guard Jeremy Lin, but the team was killed by abysmal free throw shooting, hitting just 7-of-16 attempts, including missing the front ends of four one-and-one chances. This came on the heels...
...signs on its locked doors explaining its fate. According to neighboring restaurant workers, prospective customers have still been knocking on the locked doors, to no avail. Denise A. Jillson, executive director of the Harvard Square Business Association, said she was "sad about this turn of events" when she saw the restaurant had closed, but remained hopeful for the business to survive in Cambridge. "We're keeping our fingers crossed because the location's great and the restaurant spent a lot of time and money with the space." Jillson described former owner Zebny as "active and generous" and said...
When was the last time you shuffled off a commercial airliner and saw just one pilot in the cockpit? Probably never. Federal rules require two pilots for every airline flight, and all airliners must be equipped with GPS, weather-tracking and collision-avoidance systems. Airliners fly predetermined routes, usually on autopilot, and always land at airports. When the weather turns cloudy or the night turns dark, airline pilots have the training and equipment to fly using just their instruments. "You wouldn't get onto an airliner that can't fly through clouds," says Drew Ferguson, lead pilot for Metro Life...