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For. Competition / Television Ind. / Zenith #495559

NBC Evening News for Wednesday, Sep 28, 1977
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(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

Reporter(s):
Chancellor, John;
Jackson, Mike
Duration:
00:00:50

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