Nissan Motor Co. Ltd. says workers at its Cuernavaca plant in Mexico reached an agreement with the company to settle a day-long walkout. (See related story: Nissan Mexican Workers Strike) The pact calls for a 4% pay raise and a 1% increase in benefits, while reducing the workweek at the plant to four days, down from five. The agreement also avoids the loss of 600 jobs at the plant and provides Nissan with the ability to trim its wage costs at the facility while reducing output and ...
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