GE to freeze pension plans for about 20,000 U.S. employees in bid to cut debt

October 7, 2019 admin Business News Comments Off on GE to freeze pension plans for about 20,000 U.S. employees in bid to cut debt

General Electric Co said on Monday it was freezing the pension plan for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate looks to cut its huge debt pile.

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Source:: Reuters – Business News