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Archive Home > 2009 > September > 12 > GM rescinds some of its pay cuts

GM rescinds some of its pay cuts


September 12, 2009

General Motors Co., in an effort to keep employees happy as it tries to climb back to profitability, has rescinded white-collar pay cuts it made last spring as it desperately tried to conserve cash and avoid bankruptcy protection.

— From staff and wire....

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