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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (64467)	9/11/2003 11:23:51 PM
From: Victor Lazlo	Respond to of 77397

<< inability to lay workers off, 35 hour work weeks) >> A friend of mine from France tells me that many people there do not work on Fridays anymore. They easily put in their max required hours in four days and enjoy a long weekend every week. He said the govt's intention behind the 35 work week was to force co's to hire more workers in order to be able to get the same work done. But he said that rather than hire more workers in France, many co's have shifted some work over to their other offices outside of france where the work can get done on time.

To: Elroy who wrote (64467)	9/12/2003 12:13:15 AM
From: hueyone	Respond to of 77397

If someone wants to make $90k per year, then get a job that adds enough value and can't be replicated by cheap labor and therefore some employer will pay you $90k. Evidently in a lot of cases tech jobs don't fit that description anymore. I just got an E mail from a company that ships my products, noting that longshoreman are once again holding up outgoing ocean shipments at the Long Beach Port. Apparently the longshoreman are upset because their employer wants to cut them down from five guys standing around watching one guy operate a crane to four guys standing around watching one guy operate a crane. They make an average of $107,781 per year. Perhaps unionized blue collar work will have the last laugh here. These guys seem to have it wired so they cannot be replaced by cheap labor, and they don't have to worry about their jobs being outsourced to India. Regards, Huey