ATLANTA -- Call it the ultimate in corporate downsizing: A $1.7
billion downtown employer that will suddenly vanish within a
But unlike other down-spiraling companies, this one isn't
hustling to turn around a sales slump or re-tool the product.
It's fire sale time at the Atlanta Committee for the Olympic
Games and everything, 600 employees included, must go.
"There's a big letdown. It's kind of sad," said Doris
Isaacs-Stallworth, the committee's managing director for
personnel, a 3 1/2-year veteran who will be among the last to
"While people are very happy and proud we completed a
successful event, they build relationships that are now coming
to an end," said Isaacs-Stallworth. "Because of the unique
objective everybody was working toward, there was a unique type
of bonding. It's kind of sad when you see the furniture being
At one time the home of 4,000 paid employees, the committee is
down to a virtual skeleton crew. By the end of September, the
work force will stand at about 400, with fewer than half of them
left at year's end.
The two floors the committee still occupies in a downtown
office building percolate with a different type of activity,
lacking some of the formality and the breakneck pace of
pre-Olympic preparations. Still, formidable jobs remain:
Converting the oval-shaped Olympic stadium into a 48,000-seat
circular ballpark for the Atlanta Braves, which will require
demolishing about half the current structure and then putting
the pieces back together.
Publishing a multi-volume final report to the International
Olympic Committee, a detailed history of the Atlanta Games that
will serve as a guide for future Olympic organizers. Atlanta's
report will be sold to the public for the first time, one final
moneymaker for the most marketed Games ever.
Squaring revenues with expenses, and deciding what to do with
any leftover money, with a permanent Olympic museum among the
The committee is negotiating with NBC-TV on a $15-million-plus
payment as Atlanta's share of a windfall of unexpected ad sales.
Final payments from food vendors remain to be settled, and the
committee also expects millions more from post-Games souvenir
sales and the sale of "intellectual property" such as mailing
The man in charge of dismantling the Olympics is Patrick
Glisson, a former Atlanta city finance director, who was part of
Billy Payne's Olympic bid team and one of the Olympic
committee's first hires.
He expects the job to take at least nine more months, with the
final report, the last task to be completed, not ready until the
end of 1997.
"We are on what I would call an orderly glide path down," said
Glisson, who, like Isaacs-Stallworth, said he has no job lined
One of the biggest headaches has been recovering cellular
phones, beepers and even automobiles from the thousands of
employees who leave, then bargaining with Olympic sponsors over
who'll pay for damaged or missing property. …