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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Labor

Mexican billionaire wants to slim down the workweek

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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July 21, 2014, 9:43 AM ET
Luminaries Gather For Clinton Global Initiative Annual Meeting
NEW YORK - SEPTEMBER 27: Mexican businessman Carlos Slim Helu, one of the world's richest men, smiles during a panel discussion about Latin America at the Clinton Global Initiative September 27, 2007 in New York. (Photo by Chris Hondros/Getty Images)Photograph by Chris Hondros—Getty Images
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Thank God it’s … Wednesday?

That’s what workers would be saying if Carlos Slim had anything to do with it.

The Mexican billionaire thinks that a three-day workweek is preferable to the current five-day structure, according to an article in the Financial Times.

Speaking at a conference in Paraguay, Slim shared his vision for a new work structure, saying that “people are going to have to work for more years, until they are 70 or 75, and just work three days a week – perhaps 11 hours a day.”

Of course, Slim isn’t the first to propose changing the traditional workweek. Online education company Treehouse has a four-day workweek. The state of Utah’s public employees work four 10-hour days a week, to cut down on infrastructure and transportation costs on Fridays.

Slim’s fixed-line phone company in Mexico allows retirement-age employees to continue working four days a week on a full salary.

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