news paper icon

Analyzed News

GM to propose wage freeze, no bonuses for South Korean workers this year

SEOUL (Reuters) - General Motors Co will propose a base wage freeze and no bonuses this year as well a suspension of some worker benefits at its money-losing South Korean unit, in an effort to cut costs, showed an internal letter seen by Reuters on Friday. [Source]

Publication Date:


Category: businessNews

Topics: south, korean, propose, year, bonuses

Source Link:

Related Articles