wage-cuts

Some of the wage cuts, like the givebacks by Chrysler workers, are the price of federal aid.

If you want to increase competitiveness, productivity growth is less disruptive than wage cuts, and wage cuts are better than unemployment.

As the Japanese recession has worsened, younger workers have taken the brunt of wage cuts and layoffs, especially in manufacturing.

The impact of job losses at private companies and wage cuts for civil servants is starting to be felt more widely.

But many in Greece are not so optimistic. Demonstrators, angry about wage cuts and tax increases, say poor people are unfairly targeted.

In fact, across-the-board wage cuts would almost certainly reduce, not increase, employment.

But others warn that wage cuts would make it harder for workers to repay their debts.

It regained competitiveness through wage cuts and fiscal restraint, rather than by devaluation.

The root problems of job losses and wage cuts persist, making a sustained U. S. housing recovery elusive.

Higher inflation allows more companies and workers to agree to real wage cuts than would otherwise be the case.

Despite signs of economic recovery, millions of workers face wage cuts and freezes under new salary guidelines.

Instead, they hope to regain competitiveness through wage cuts and greater efficiency.

Wages are falling; wage cuts are spreading as employers continue to curb costs and remain reluctant to hire.

American workers will have to bite the bullet and understand that to export, they will have to accept substantial wage cuts.

So, in the absence of big increases in productivity, wage cuts may be less avoidable.

High unemployment will hold back wage gains (see chart); wage cuts are already commonplace.

This implied wage cuts or higher unemployment, all for the benefit of creditors.

The government fears that devaluation would bankrupt many citizens. But wage cuts could simply provide an alternative route to bankruptcy.

Has your company just announced layoffs, salary freezes, or wage cuts?

If prices are not expected to drop, workers are less likely to accept wage cuts.

The financial crisis leads to many wage cuts, layoffs and closures.

But the corollary has been that workers are suffering from wage cuts in real terms.

Civil servants, faced with wage cuts of 10%, are threatening to strike.

But pay freezes and wage cuts may soon change people's minds.

Even more important is the impact of wage cuts on morale.

That's when the extent of layoffs and wage cuts will become clearer.

Unlike 10 years ago, there is not much scope for wage cuts this time, so this crisis will hit profits.

Big job or wage cuts have yet to materialise.

Lu Youqing, vice-president of Chinalco, said wage cuts would reduce the group's costs this year by Rmb2bn ($290m).

It is not clear that he accepts the case for wage cuts, for example.