Harvard survey signals slim pay hikes for U S workers
Harvard Business School alumni survey shows 41 percent expect lower wages ahead while 27 percent foresee raises. Many firms favor outsourcing and technology over hiring, with 49 percent leaning to outsourcing and 46 percent to tech investments. The bleak outlook mirrors a uneven post recession recovery and rising income disparities.
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Harvard Business School
Jan Rivkin
Rivkin
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GE Exits Consumer Appliances to Focus on Industrial Gear
General Electric sells its appliance division to Electrolux for 3.3 billion dollars. The move ends GE’s 122 year history as a household brand and shifts focus to engines turbines medical imaging and other industrial equipment to boost profit and satisfy investors.
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General Electric
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Thunderbird School of Global Management
Fairfield
Conn
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