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Detroit mayor announces furloughs to avoid bankruptcy

The Christian Science Monitor

22 Nov 2012 at 05:02 ET                   


Detroit mayor announces furloughs to avoid bankruptcy

In order to make up for a $30 million shortfall expected by year’s end, Detroit Mayor Dave Bing announced on Wednesday that city employees will take unpaid furloughs and that he would implement “other cost-savings actions” starting the first of January. “We will ensure that revenue-generating…


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