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Newsreel Video - 6,000 Auto Workers Vote For Pay Cut

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  • Newsreel Video - 6,000 Auto Workers Vote For Pay Cut

    What year was this? Too bad there's watermarks in the video. I thought there was no sound but there is, there's just a lot of hissing.

  • #2
    Well I did a search and found this on this site


    In 1954 the longest and bitterest labor negotiations at Studebaker Corporation began. Management believed that the very survival of Studebaker was in the balance but they needed to convince labor. During the talks management took the unprecedented step of opening company books to labor. It was clear that costs had to be reduced. After three months of negotiations an agreement was reached that reduced wages by 18%. Labor had insisted on concessions to offset the cuts but when the workers were briefed on the contract, all hell broke loose and the contract was voted down. Management retaliated by stating it's intention to terminate the contract and then published ads in South Bend news papers explaining the company's position. Once the rank and file understood how critical labor costs were to the survival of Studebaker, they voted to accept.

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