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...reduce its payroll. Iacocca intends by the end of the year to trim 3,500 white-collar employees from Chrysler's salaried work force of 38,000. In addition, the company will suspend production at an assembly plant in St. Louis for two weeks this month and will cancel plans to produce the Allure coupe. At GM, Chairman Roger Smith said the company would cut its costs by $4 billion, or 4%, next year. Some of the savings will come from accelerating a program to close 16 aging manufacturing operations...

Author: /time Magazine | Title: The Crash: Caution in The Boardroom | 11/9/1987 | See Source »

Central America last week pursued peace with guns blazing and negotiators vacillating. In El Salvador, a brutal political slaying provoked the leftist guerrillas to cancel talks with the government. In Costa Rica, Nicaraguan Indian rebels charged that the Sandinistas had backed out of scheduled talks. And in Nicaragua, the Sandinistas reaffirmed their public line against negotiating an overall settlement with the U.S.-backed contra rebels, even as a regional peace plan is supposed to go into effect this week. Warned Comandante Bayardo Arce: "There will never, at any time or in any place, be any direct or indirect political dialogue...

Author: /time Magazine | Title: Central America Still Gunning for Peace | 11/9/1987 | See Source »

Despite the university's decision to cancel bidding, MIT Provost John Deutch insists that MIT was not pressured into the decision. "The image that the federal government is a bully and that MIT is a wimp is just not true. We alone made a judgement on the issue," Deutch said. UNIVERSITY OF PENNSYLVANIA...

Author: NO WRITER ATTRIBUTED | Title: CLASS CUTS | 11/7/1987 | See Source »

...announcing this year's crackdown, the MDC threatened to cancel the race permanently if it failed to work. And it didn...

Author: By Alvar J. Mattei, | Title: Head Games | 10/26/1987 | See Source »

Earlier this week, a group of North Housestudents presented Mayman with a petition signedby 180 Quadlings asking her to cancel the stripesproject. "We just want the Quad finished. Thelater you plant the grass, the more likely it isto die," said Eric D. Wolff'88, who organized theanti-stripe campaign...

Author: By Brooke A. Masters, | Title: College Decides to Forego Tiger Stripes on the Quad | 10/8/1987 | See Source »

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