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    About a Third of Companies Cut Employee Pay in Response to COVID-19, Survey Finds

    July 8, 2020

    As bad as the pandemic job losses have been, with around 31 million Americans on unemployment rolls, it could actually have been worse. Some companies have managed to cut their labor costs to save money, without resorting to permanent layoffs — at least so far. In a recent survey of HR managers, outplacement firm Challenger, Gray & Christmas found…

    Read More About a Third of Companies Cut Employee Pay in Response to COVID-19, Survey FindsContinue

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