TNT Has New Proposal To Prevent Massive Job Cuts - Congoo

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TNT has new proposal to prevent massive job cuts

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Reuters | November 07, 2009

AMSTERDAM, Nov 7 (Reuters) - Dutch mail company TNT NV (TNT.AS) said on Saturday it had sent a new proposal to unions, which included a maximum pay cut of 3.5 percent, but would prevent massive job cuts. 'Keeping jobs comes first,' the company said in a letter to its workers, adding the proposal wou...

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