CORPORATIONS: Jahco Rides Again

Like many another war baby, Cleve land's loudly self-advertised Jack & Heintz, Inc. was knocked flat Tby war's hurried exit. But last week Jahco was getting back on its feet. There were some 2,000 old associates (employes) back at work, and short, sport-shirted President William S. Jack was rehiring at the rate of 1,000 a month. Most of the old benefits, soft music, free lunches, etc. were still in force, except one. Take-home pay had been cut 53%, though Bill Jack said pay will still average $2,900 a year.

The item which Jahco thinks has turned the trick is a...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!