Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.
(Studio) Zenith television mfrs. announce plans for layoffs because of foreign competition.
REPORTER: John Chancellor
(Chicago, Illinois) Labor costs in United States and Taiwan contrasted. Zenith has resisted moving to foreign country for years, but now profits shrink, and in order to save money, company will go through with layoffs and export those jobs to Mexico and Taiwan. Company says this wouldn't have happened if United States government would enforce rules against dumping; foreign TV's being sold cheaper in United States than in Japan. [Zenith president John NEVIN - says rules against dumping haven't been enforced since 1972.] Which employees to be laid off not yet announced, but workers are angry. [WORKER - says company used them to get where it wanted and now is going to build up elsewhere.]
REPORTER: Mike Jackson
- Chancellor, John;
- Jackson, Mike
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
- You may request a loan of this video by registering on our website and placing an order.
- You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
- If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.