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When Companies Opt for Pay Cuts Instead of Layoffs

In early February, Casino Mogul Steve Wynn took a stand on layoffs. The gaming industry is flailing — Nevada regulators recently formed a task force on bankruptcies — but when it came to cutting costs by cutting employees, Wynn wouldn’t hear of it

Posted byadminApril 21, 2009Posted inDaily NewsTags: a-32-hour-week-, a-recession-can, a-rosier-view, boys, college, financial, luxury, service, time, truman-bewley, watson-wyatt
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