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US Steel Layoffs #292869

CBS Evening News for Tuesday, Sep 20, 1983
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(Studio) Extent of layoffs among nation `s steel companies noted.
REPORTER: Dan Rather

(Pittsburgh, Pennsylvania) United States Steel's announcement of major layoffs among white collar employees and implications for industry in general examined. [Steel analyst Charles BRADFORD - anticipates United States Steel closing more plants soon.] Company noted offering many early retirement plans, enabling them to avoid unemployment pitfalls experienced by blue collar workers. [MAN - acknowledges accepting early retirement.] [WOMAN - is disheartened.] US Steel thought responding to pressure from government and Wall Street; details given.
REPORTER: Chris Kelley

Reporter(s):
Kelley, Chris;
Rather, Dan
Duration:
00:02:10

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