CB> MS>"Downsizing" is a major trend in the Fortune 500, and 
CB> MS>it's showing that big business doesn't see the individual 
CB> MS>employee as a resource to develop and keep.
CB> MS>It makes no sense for a business to push for policies 
CB> MS>that won't benefit it in its current personnel policy.
CB> 
CB> You need to be careful to read past the headlines in the articles.  
CB> Money magazine has reported serious consequences for companies that 
CB> downsize, and the practice is dwindling rapidly. 
    You need to get past reading the magazines printed mainly for executives 
and others not likely to be "downsized".
    AT&T is a major presence in my town.  My neighbor and many I know were 
given "early retirements" (with full pension/benefits) as what amounted to 
layoffs.
    The day after Clinton spoke at a Jeep plant in Toledo and congratulated 
Chrysler on making the 2,000,000 Jeep, Chrysler announced that it would 
consolidate production there and lay off 1,800.
CB> positions.  AT&T, for example, filled 15,000 jobs in the 12 months 
CB> following their announced layoff of 40,000, and replacement 
CB> continues.  
    Not among its area employees.
CB> Employment in the U.S. is nearly at an all-time high, and many of the 
CB> new positions, as reported by the U.S. Department of Labor, are 
CB> professional and skilled positions.
    Even Labor Secretary Robert Reich says otherwise.
    
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