JOB SEARCH:
Men look for work at a Tokyo job fair. Japanese firms have cut recruitment
If you had told hard-charging professionals in the City of London just a few months ago that they should take a 20% pay cut to work one day less per week, they would have likely mocked the idea as a French socialist plot to undermine the British economy. But when the U.K. arm of accounting firm KPMG recently asked its staff if they would be willing to reduce their workweek and thereby save jobs in the event that business dried up, an overwhelming 85% signed on. About 200 employees in the tax division have already shifted to a four-day...
