Home / FedEx / GM, Fedex Pay Cuts Add to Economy’s Deflation Risk (Update1) (Bloomberg)

GM, Fedex Pay Cuts Add to Economy’s Deflation Risk (Update1) (Bloomberg)

Feb. 11 (Bloomberg) — General Motors Corp ., FedEx Corp . and Wynn Resorts Ltd . are among companies slashing pay for more than 100,000 employees, contributing to U.S. deflation that could worsen the economic slump.

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