Isuzu to cut salaries of all workers-Nikkei


NEW YORK, Dec 24 (Reuters) - Japanese truck maker Isuzu Motors Ltd plans to implement temporary pay cuts for all of its 8,000 full-time workers in Japan in response to a steep sales decline, the Nikkei financial daily reported. Executive pay will be cut by about 30 percent starting in January while manager-level employees are likely to have their pay cut by about 10 percent early next year, the Nikkei said. Isuzu will also propose a "several percent" wage cut to its labor union to be ...

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