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Title : GM Korea reaches deal with unions, avoids bankruptcy
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GM Korea reaches deal with unions, avoids bankruptcy

GM Korea and its trade unions have reached a preliminary agreement to keep the South Korea automaker going, with the company’s union agreeing to significant concessions during last-ditch negotiations. The Yonhap news agency says the union has agreed to key demands from GM, including a wage freeze, reduced benefits, and a stop to bonuses for […]

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