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GM Korea seeks to trim benefits, wages: internal letter

SEOUL (Reuters) - General Motors Co will propose a base wage freeze and no bonuses this year along with a suspension of some worker benefits at its money-losing South Korean unit to cut costs, according to an internal letter that Reuters reviewed on Friday. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: benefits, internal, letter, propose, motors

Source Link: http://feeds.reuters.com/~r/reuters/businessNews/~3/ptnCNGcNs7I/gm-korea-seeks-to-trim-benefits-wages-internal-letter-idUSKCN1G709G

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