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Auto Industry / Layoffs #474390

NBC Evening News for Friday, Nov 29, 1974
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(Studio) General Motors announces 24,000 more workers to be laid off in January Throughout auto industry, at least 112,000 won't be working in January
REPORTER: John Chancellor

(Chicago, Illinois) General Motors makes cutbacks in big car productions, demonstrating industry's pessimism about future car market Chrysler Corporation has 3-mo., inventory if auto production stopped now, Ford Motor Co, cuts into supply and parts division, leaving even more workers jobless. Other companies, providing parts for big auto makers feel pinch from slumped auto ind, Unemployment spreading to inds. relating to auto industry
REPORTER: Mike Jackson

Chancellor, John;
Jackson, Mike

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