The Australian Financial Review reports that Holden has proposed to freeze scheduled pay rises for three years and to impose a 26-minute limit on production workers’ lunch breaks, down from 40 minutes currently. This is expected to boost production by about 10-15 cars.
Holden is trying to save $15 million to help convince its US parent to invest a further $1 billion in the company.
There’s more on the Fin.
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