Exact(9)
Union contracts force the postal service to pay thousands of unneeded workers to do nothing.
Instead, unneeded workers were left with little to do besides gaze out of the window, giving rise to the term "madogiwa zoku" or the "window seat tribe".
Daewoo went ahead with the dismissals after rejecting a union proposal that unneeded workers be given four months of paid leave or be allowed to work part time.
In Venezuela, oil allowed the central government to hire huge numbers of unneeded workers, finance inefficient state enterprises and obtain large loans.
"Exit mechanisms" to allow for the liquidation of so-called "problem enterprises" were put into place, and labour laws were modified to enable enterprises to lay off unneeded workers.
For the most part, the merged banks have failed to get rid of unneeded workers given the cultural distaste for layoffs and have also held onto redundant computer systems and branches because of turf battles.
Similar(48)
On the other hand, simply bailing-out badly run companies would have been too generous.Mr Obama's solution was to force both carmakers into bankruptcy protection, then provide the financing necessary to reorganise, on condition that both eliminated unneeded capacity and workers.
It would make sense to shed workers with older unneeded skills, while looking to hire people with expertise in areas that reflect their changing priorities.
On Tuesday, a San Fernando Valley lawmaker plans to question a regional Wells Fargo executive about the bank's sales practices, while a Los Angeles City Councilman will call on the city to cease doing business with any bank that pressures workers to open unneeded or unwanted accounts.
Above all, economic growth, the mantra that you invoke time after time, is of negligible importance in such a country, especially if it is already rich.What Japan will need in the coming decades is a way of reorganising its society and shifting the workers it has away from jobs that are unneeded and into health care, home maintenance and other jobs in the service sector.
Bank quotas: Bank workers are routinely pressured to open more and often unneeded accounts for customers as they try to meet strict sales goals, according to a report from the National Employment Law Project.
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