Word: laid
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Dates: during 1980-1989
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Have you been to Belmont? Have you laid down a cool $100 on the fifth race...
...factory that Bridgestone bought was aging and underutilized: 400 of its 1,000 workers had been laid off by Firestone. Before the Japanese took over, the plant produced barely 700 tires a day. Bridgestone kept on all workers still on the job and rehired the 400 who had been furloughed. But employees still feared the worst -- wrongly, as it turned out. "Everybody kind of expected that they would have to work a lot harder," says Sherrill. "But what we've found is that they just want you to work faster. They'll invest , money in new machinery in a heartbeat...
Below, far below, is the ceaseless crash and sighing of the sea. Behind, tall redwoods climbing up the mountainside. Off to one side, hot mineral baths laid down on ground once sacred to the local Indians. And out in the distance, along the blue horizons, the spouting of a distant whale. There, on a sunlit lawn high above the sea, a score of visitors assemble at first light. Retired schoolteachers, lay therapists, dentists from Ohio -- all move their limbs slowly, to the sound of a flute, through the Tai Chi motions of fire, water and gold...
...July, from 41.1% in 1986. Last year's $2.9 billion earnings were 26% lower than those in 1985. Finally recognizing that its vaunted $40 billion investment in high technology would not reduce overhead as much as had been hoped, GM turned to more direct cost cutting and indefinitely laid off 50,000 hourly workers. The 335,000 union members who remain at GM are convinced that the austerity process is not finished, and that a job-security contract may thus be impossible to obtain. If so, the U.A.W. may be hitting the bricks...
...Corporate cost-cutting programs begun during the recession have been continued and even intensified since, under the lash of foreign competition and the fear of hostile takeovers. Companies long known for keeping workers on the payroll through thick and thin have changed their policy: AT&T, for instance, has laid off 36,600 workers since January 1984. The result, says Alan Draper, coordinator of the Work in Society program at St. Lawrence University in Canton, N.Y.: "American workers are on the defensive. They are working as hard as they can because of the insecurity...