Word: slow-down
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While FAS Dean Michael D. Smith said that the size of the Faculty will grow slightly in the coming year—a marked slow-down after a decade that saw the Faculty expand by nearly 20 percent—he acknowledged that he does not expect new faculty searches to keep pace with departures, leading to a halt in expansion...
...Theodore C. Bestor, chair of the anthropology department, said that in light of a slow-down on staff hiring this fall, he would see a staff retirement within the department as a loss as well as a saving...
...Harvard Economics had its two junior faculty searches cut to one during the hiring slow-down, and—with FAS money tight—was forced to dip into its own departmental reserves to pay for the search...
Indeed, large industrial groups such as carmakers Renault and PSA (which makes Peugeots and Citroëns) are now responding to the massive slow-down in the auto sector by temporarily closing plants and imposing stored or anticipated time off on workers under their retained 35-hour schemes. That may not be how employees had planned to use their time off, but it beats being laid...
...That's easier said than done when the stock market's evolution is so central to a global economy facing a slow-down - or possible recession. And as this week wound down, observers of both markets and wider economies seemed uncertain whether to applaud or cry. Following dismal sessions Wednesday and Thursday, activity on Asian indices Friday was mixed, with Toyko's Nikkei up 2.2% aside more modest gains in Singapore and China. Hong Kong's Hang Seng remained flat, however, while South Korea and Australia slightly slumped. Inspired by that trend - as well as Wall Street's rebound from...