Word: trim
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When Du Pont wanted to trim its 100,000-employee U.S. work force last January, the company sought to avoid the hardship of layoffs by offering instead a generous early-retirement program. Du Pont estimated at the time that about 5,500 workers would cash in on the deal. But apparently the terms were far more attractive than the company realized. Du Pont plans to announce this week that about 12,000 workers intend to leave. This number is expected to include some highly talented employees whom the company would be sorry to lose. Du Pont's lucrative deal provided...
Still fit and trim at 81, Spock keeps up the acti vist life, lobbying and demonstrating against nuclear weapons. He accepts dozens of speaking engagements a year, three-quarters of them political, and he says he is willing to visit Nicaragua if it would help ease U.S. hostility to the Sandinista regime. He and his second wife, Mary Morgan, 41, spend the winters aboard their boat Carapace in the British Virgin Islands and most of the rest of the year in Maine and Arkansas...
What lies ahead for ABC in its new marriage? Known for its careful cost cutting (see box), Capital Cities will doubtless attempt to trim fat from ABC. It will look with disdain, for example, on the network's habit of sending several executives, when one would be sufficient, on expensive business trips. Money-losing departments like network news might be vulnerable, although Capital Cities generally leaves high-quality journalistic operations alone. Still, as one concerned ABC middle manager fretted, "A lot of people are walking around worried." A producer for ABC News's 20/20 program said, "Capital Cities...
...sleep more easily knowing that his new dog, Brownie, barks vociferously at the first sign of a stranger. After some 17 years of round-the-clock Secret Service protection, the former President has decided to drop his guards. According to a Nixon spokesman, the gesture was made to help trim the federal deficit. As soon as he hires a private agency to take care of his security needs, America's taxpayers will be relieved of paying an estimated $3 million a year for the three shifts of agents that guard him seven days a week...
Since mid-February when Superintendent of Schools Robert J. Peterkin first proposed the budget, the School Committee has held several open hearings on the budget and ways to trim...