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Topic: |
Business
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Number of pages / Number of words: |
19 / 5109 |
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âBased on preliminary numbers, approximately 4600 of the participating employees accepted buyouts and approximately 30,400 chose to retire. It is expected that most will retire or leave the company by the end of the year. As a result of the success of the accelerated attrition program, GM is again increasing its targeted reduction in structural costs in North America to at least $8 million from $7 billion on an annual running rate basis by the end of 2006,â(General Motors)...
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The company was very productive in the nineteenth century. In 1859, sales reached one million dollars. In the 1880s Proctor & Gamble began to market a new product, an inexpensive soap that floats on water. In the decades that followed, the company continued to grow and change. The company became known for its progressive work environment in the late nineteenth century...
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