GENERAL MOTORS CUTS WAGES
TEN MILLION DOLLARS FROM 50,000 MEN
(Received February 27, 8.30 p.m.)
DETROIT, February 26
General Motors has announced wages cuts of 10 per cent, for those earning 10,000 dollars or less a year, and 1 proportionately more "or those earning more than 10,000 dollars. The savings to the company will total 10,000,000 dollars a year and will affect 50,000 workers.
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Press, Volume LXXIV, Issue 22338, 28 February 1938, Page 11
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64GENERAL MOTORS CUTS WAGES Press, Volume LXXIV, Issue 22338, 28 February 1938, Page 11
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