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Daewoo Motor Sales to undertake harsh lay-off program.
Daewoo Motor Sales, a unit spun off from Daewoo Motor in early 1990s, is planning to undertake a harsh restructuring program. Officials of Daewoo Motor Sales said on November 26 that it would encourage voluntary resignations to cut workforce by 25% and sell off real estate property.
The move is a prelimanary step for …
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