Word: shrunk
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Perhaps so, but labor knows it will be tough to regain anything like its former clout. Union membership has shrunk from a high of 35% of the workplace in 1945 to 22% in 1980 to only 16% today; corporate downsizing exacerbates the trend. In bleakly familiar fashion, Philip Morris and NCR said last week they would shed a total of 21,500 jobs in the next few years. Such cutbacks have hollowed out the core of American manufacturing, from which labor has traditionally drawn its rank and file. The number of U.S. autoworkers, for example, has shrunk from nearly...
...single operating blast furnace. It glows over an industrial wasteland near the Polish border where thousands have lost their jobs. Since unification, Eko Stahl has cut 85% of its eastern German work force as it closed or restructured its inefficient and overstaffed - plants. The number at Eisenhuttenstadt has shrunk from 12,000 to 3,500, and the remaining workers are threatened with layoffs unless the government is allowed to spend $478 million for modernization so the plant can be sold...
...whole incident was very puzzling. My first reaction was to laugh and marvel at the powers of electronic communication. E-mail has brought people closer to one another than ever before; anyone can instantaneously connect with virtually anyone else on the globe. Inexpensive and efficient, e-mail has shrunk the world even further. Although networks often have their share of logistical problems (as we at Harvard know well), the network's record is still invariably better than that of the post office...
...only prices are being cut. Despite almost $60 million in profits last year on turnover of around $460 million, Moet & Chandon, the largest producer, announced last May that 245 employees would be laid off for economic reasons -- the first time in living memory that the industry had shrunk its work force. Then, in June, Moet Hennessy Louis Vuitton, which owns Moet, announced 457 layoffs. An employee backlash has since forced the producers to rethink their cost-cutting strategy, and a regional labor court ruled in August that employees cannot be fired summarily. But the pressure to reduce costs is still...
...beginning of the century, the rails hauled everything -- people and products. Trucks and cars changed that, and by 1970 the rails had shrunk and were stalled, often indifferent to customers and shifting markets. About 22% of the lines were in bankruptcy, and the whole industry was under threat of nationalization. Trucks grabbed all the new business and, as any motorist knows, a great deal of the highway space...