Word: doubledealing
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¶ Forced as never before to compete with industry for technicians and unskilled labor, the nation's top general hospitals have more than doubled wages, cut four hours off the work week (to 40 hours). While industry is cutting manpower needs per job with automation, new medical techniques have...
When Reed took over, American Express was suffering from the impact of World War II, which had forced it to close 100 offices, slash its staff. Charging ahead with postwar expansion plans, he cut back executive deadwood, hired all the bright young men he could find, started sending G.I.s around...
The Committee on Compensation, however, has come to the conclusion that high-ranking members of the faculty ought to receive a bigger share of salary increases than their younger brethren. It points to the fact that since 1930 the full professor's salary has only gone up 30 percent (in...
STUDEBAKER-PACKARD auto merger is not giving the two companies the lift they expected. Losses for 1955 totaled $30 million ($4,000,000 more than combined 1954 losses), even though sales doubled to $480 million. In an effort to recoup, Packard will bring out a new 275 h.p. "Executive" series...
The government's tightening of consumer credit, including a hike in the minimum down payment on new cars (to 50% of the purchase price), hit the industry where it hurt most-in the domestic market. In the immediate postwar drive for exports, Britain sent a flood of cars abroad...