Word: offing
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Dates: during 1980-1989
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Saatchi management launched an overall restructuring program. Starting last spring, more than 800 corporate employees lost their jobs. Plans were laid to close corporate offices in Washington and to trim operations in New York City and in London, where the corporate staff last year moved into a glossy new global...
More pain probably lies ahead. Louis-Dreyfus has his work cut out for him -- and a compensation package geared to inspire success. On top of a reported salary of $785,000, Louis-Dreyfus will control stock options worth at least $3 million. That value will rise substantially if he does...
From his prison quarters in South Africa's wine-producing region near Paarl, Nelson Mandela has been conducting a quiet diplomatic campaign. Last July he accepted an invitation from his adversary, former President P.W. Botha, for a historic face-to-face meeting. Mandela has since received a series of visitors...
Justice Minister Kobie Coetsee said the two men explored "ways and means to address the current obstacles in the way of meaningful dialogue." The government did not say when it might release Mandela, muting hopes of a Christmas homecoming, but Coetsee said De Klerk wants to resume talks with Mandela...
Not all of Mandela's A.N.C. comrades were pleased by the exchange. Many were similarly disgruntled over the July meeting with Botha, an encounter of less import, considering that Botha was a lame duck. Some A.N.C. members seem to object to Mandela's taking a supreme role in the organization...