Word: quit
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Dates: during 1970-1979
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This chance to broaden social horizons seems to appeal to many of the club members. Co-captain Mike DeMatteo quit football and became involved in rugby. "It's a perfect time commitment and there are some appealing social aspects," he says...
...Cliffe lightweight coach Peter Huntsman explains that during the early winter months newcomers will often overdose from too much crew and eventually quit cold turkey. "Our greatest attrition is in January when people who weren't that serious in the fall realize they aren't in competition. We try to increase the workload in February and keep it a pretty intense situation...
...with one of their confections last May. Mrs. Blum hit back, pressing charges against the two pie pitchers, who pleaded guilty to assault and were fined $50 each. The pie-galled Mrs. Blum also brought a civil suit claiming she suffered a burning sensation in her eyes, had to quit her job and became so nervous she had to see a psychiatrist. Now the seven jokesters have agreed to pay her $5,000, which presumably gives her reason at last to lick her lips...
With the cooperation of West Germany's union leaders, VW, Ford and Opel have been able to reduce their labor force, by offering workers up to $6,000 to quit. All three companies are offering new and revamped models, and Ford is raising capacity from 980 to 1,500 cars a day at its Saarlouis plant to meet expected demand for the Fiesta minicar that will go on sale in the fall. Opel and Ford are now profitable again, and VW says that last year's loss will be far smaller than...
There are times, in the ratified world of corporation politics, when resignation can be painful but also profitable. Last November Robert Sarnoff, chairman of the RCA Corp. and son of its redoubtable longtime chief Brigadier General David Sarnoff, quit his $326,000-a-year post after the corporation's directors refused his request for a salary boost (TIME, Nov. 17, 1975). The event had all the earmarks of a boardroom putsch. Since 1971, when RCA absorbed a $490 million pretax loss in selling off the computer business that had been Bobby Sarnoff s brainchild, there had been widespread rumors...