Word: walkout
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...strike began three days after public school teachers ended a two-week walkout to protest layoffs and delayed paychecks. Last December, Chicago Transit Authority workers walked out for several days in a contract dispute...
Mayor Jane M. Byrne called yesterday "a sad and sick day" for the city, as the walkout left fire protection for 3.5 million people up to a few non-strikers, supervisory personnel, Fire Academy cadets and other city workers, with help from suburban fire departments...
Especially the tire producers. The same worries about long gas lines and soaring fuel prices that have clobbered auto sales have also pummeled the rubber companies. Tire sales are declining, adding to already bulging inventories built up last summer in anticipation of an industry-wide United Rubber Workers walkout. Shipments were off 8.5% in 1979 from 1978's 205.6 million, and the industry finished the year operating at only 65% of capacity. The slowdown in new car sales is only part of the problem. Because people are driving less and are switching to smaller cars that do not wear...
...rough time in the tire business too. The hardest hit has been Uniroyal, target of a 40-day walkout last summer that cost it an estimated $42 million in forgone sales. The strike helped convert a slender 1978 profit of $5.9 million on sales of $2.7 billion into a 1979 loss that may exceed $9 million. The most heavily debt-burdened of the companies, Uniroyal is also dragging around a $520 million unfunded vested pension liability, which is equal to more than 80% of its net worth...
...personnel, she got some trains rolling, and rode on one herself. A Chicago judge then came to her rescue by issuing a permanent injunction against the strike and ordering binding arbitration of the dispute. After four days in the yards, the buses and trains were in service, but the walkout left scars on both the city and the mayor...