Wednesday, November 02, 2005

Ubersize mein Kleinsizing

Unwelcome news for Germany's work and pensions authorities out this morning from DT. To be sure, a net reduction of 19,000 is a lot of people (that's nearly four Googles!), but at only 7.8% of the total headcount as at June 30, is it enough?

UPDATE (in special DT magenta): An uber-uber-value reader points out that this could/should be interpreted as a threat to the regulator to behave itself (paragraph four), at a time when German politics are in a state of flux, and the economy continues to be a sensitive issue. I can't argue with that assessment.

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