Word: turnoveritis
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It was not long before Alexander began to look afield. The Macmillans set up branch offices in Canada, Australia, India, New York (today the independently managed U.S. house alone has a yearly turnover of ten million dollars). Soon Macmillan's educational series served the world; its school "readers" appeared...
Labels and Ratholes. Cummings' streamlining is fast and ruthless. He shocks fuddy-duddies in the trade. When he took over Sprague, Warner he found that it was staggering along with some 50,000 descriptive labels because of the traditional practice of buying up trade names when wholesale grocers go...
A prime example is Douglas' handling of the manpower problem that has graveled all planemakers. The turnover of Douglas workers actually runs as high as 85% in a year, about average for the Southern California industry. But some how, through his genius for organization and efficiency, Douglas has kept...
Another, even greater, factor is the large labor turnover. The union proselytizes twelve men to get one more or less permanent member - and sooner or later he quits too.
The Naval Training School (Communications), last summer's Yard invaders, now fill the Freshman Halls. Their rapid turnover produced another graduation last week and the new class has just arrived.