WEYMOUTH STEEL CORPORATION Case Overview: Weymouth Steel Corporation in September‚ 1990 is having a critical time in finding out the ways to communicate the bad and good news to its salaried employees. An erroneous selection of time and communication channel selection may demoralize the workforce completely resulting in a disaster for the company. The good news is that the company management has decided to increase the salary and benefits of almost all the salaried employees regardless of their
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WEYMOUTH STEEL CORPORATION Weymouth Steel Corporation is currently in the sort of dilemma which may turn into a disaster for the company. However‚ given the situation if the top management is able to inspire its employees (who survive this downsizing) with a vision and hope for the rejuvenation of the company; this dilemma can easily become a pivotal time for its success. Once the bad news is broken and the downsizing process starts‚ stress is inevitable; for both the employees who will be terminated
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Johannsen Steel Company (JSC) initially focused on high-quality‚ high-carbon‚ and high-margin steel wire and ever made big success. In 1946 it was sold to West Virginia Steel (WVS) and then experienced the shocking change of steel industry during 1960s and 70s. Facing the pressure of competitors‚ JSC began to intend to expand sales and cut cost to maintain its profit level. As a result‚ the sales revenues kept increase‚ but the net profit was very low (no more than 2%). JSC now has to make some
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Case Overview: Weymouth Steel Corporation in September‚ 1990 is having a critical time in finding out the ways to communicate the bad and good news to its salaried employees. An erroneous selection of time and communication channel selection may demoralize the workforce completely resulting in a disaster for the company. The good news is that the company management has decided to increase the salary and benefits of almost all the salaried employees regardless of their grades while on the other
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S. History Mr. Wilson 2014/11/10 Compare and Contrast the Opinions of Lowell Girls In the 19th century‚ some female workers called Lowell girls were women who worked in textile factories that some of girls thought it is a good opportunity for female to work outside of their homes and got chances to reflect more women roles in the society so they were satisfied and happy of their jobs; however‚ some people believe that Lowell Girls were treated unfairly because they had bad working conditions‚ long
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| | INTRODUCTION The Bethlehem Steel Corporation (1857-2003)‚ base in Bethlehem‚ Pennsylvania‚ once was the second largest steel producer in the United States (after Pittsburgh‚ Pennsylvania-based US Steel). But following its 2001 bankruptcy‚ the company was dissolved and the remaining assets sold to International Steel Group in 2003. In2005‚ ISG merged with Mittal Steel‚ ending US ownership of the assets of Bethlehem Steel. During its life‚ Bethlehem Steel was also one of the largest shipbuilding
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One mile west of Flagstaff‚ Arizona stands a mesa known as Mars Hill‚ which provides unobstructed views of the sky. Perched on the top of the mesa is the historic Lowell Observatory‚ built in 1894 by Percival Lowell. Today‚ Lowell Observatory is still the center of space research and discoveries. Lowell Observatory happily welcomes the public to experience the historic landmark and museums. Filled with telescopes‚ museums‚ and collections the 750-acre facility offers plenty of activities. The excitement
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President October 20‚ 1990 TO: Weymouth Steel Corporation Salaried Employees I am writing to tell you about two important matters. One is extensive improvements in your compensation and benefit programs. The other concerns the need for the company to make sizeable reductions in its overall operating costs in the U.S. The compensation and benefit improvements include substantial base salary increases for eligible General Salary Role employees; more liberal adjustments in the cost-of-living
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Thomas Dublin in “Women‚ Work‚ and Protest in the Early Lowell Mills” In Thomas Dublin’s article‚ “Women‚ Work‚ and Protest in the Early Lowell Mills‚” he talks about the conditions of factories. He describes the work and the personal problems that women endured working in factories during the Industrial Revolution. Lowell was originally a rural area. “In 1820‚ there had been no city at all-only a dozen family farms along the Merrimack River in East Chelmsford.” (Dublin 264). A year later‚ a group
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Amy Lowell was born in Brookline‚ Massachusetts on February 9‚ 1874. She was the daughter of Augustus Lowell and Katherine Bigelow Lawrence. Both her mother and father were from New England aristocrats. Aristocrats are wealthy and prominent members of society. Her father‚ Augustus‚ was a businessman‚ civic leader‚ and horticulturalist. Lowell’s mother‚ Katherine‚ was an accomplished musician and linguist. Lowell was‚ although‚ considered as “almost disreputable‚” poets ran in the Lowell family
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