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BUSINESS | July 16, 2008 G.M. Suspends Dividend and Plans More Layoffs By NICK BUNKLEY and BILL VLASIC The automaker said that it would reduce labor costs for salaried workers by 20 percent, eliminate its quarterly dividend and further cut truck production.

http://www.nytimes.com/2008/07/16/business/16auto.html?ex=1216785600&en=...

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