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Girard-Perregaux, Zenith and Ebel have already announced layoffs, while Cartier, part of Financière Richemont, has put 180 workers at a Swiss factory making watch cases on a shortened work week until April.
The thinking behind a shortened work week is that it gives employees extra leisure time which they can use to relax and strengthen relationships with family and friends.
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While established businesses and employees enjoy shortened work weeks and paid vacation days, the truth about entrepreneurship is that you don't get to step away for days at a time.
Sweetheart contracts with public employees who now feel entitled to what they won at the bargaining table in the form of lucrative pensions, retirement at early ages, heavily subsidized premium health care, even shortened work weeks for some.
California reported the largest drop in claims, with 23,160, which it attributed to a holiday-shortened work week and fewer layoffs in the construction and service industries.
The former offered unemployment insurance and retirement benefits, which effectively shortened work over a lifetime, if not in an individual week.
Skoda has reduced its temporary workers to 800, from 4,000, and has shortened its work week to four days, from five.
Taitz shortened the work week to four ten-hour days from the standard eight-hour, five-day-a-week regimen.
A last-minute budget agreement with the hardline Communists, which includes a gradual reduction of the working week to 35 hours, kept the centre-left government in office.France's Socialist government said it would also shorten the work week to 35 hours, by 2000.
Shortening the work week was one way of turning the working class into the consuming class.
Australian physicists, perhaps searching for a way to shorten the work week, have created an AI that can run and even improve a complex physics experiment with little oversight.
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