chipping in to help the boss

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

Embarking on a new series of cost-cutting measures, Hewlett-Packard is
asking its U.S. employees to voluntary sign up for one of the following
options: a 10% pay cut over a four-month period; a combination of a 5%
pay
for those months plus taking four paid vacation days; or taking eight
additional paid vacation days. Other measures focus on a reduction in
use
of company cars and cell phones. (San Jose Mercury News 29 Jun 2001)
http://www.siliconvalley.com/docs/news/svfront/hp062901.htm

--

Michael Perelman
Economics Department
California State University
michael@xxxxxxxxxxxxxxxxx
Chico, CA 95929
530-898-5321
fax 530-898-5901