Honda Extends U.S. Furloughs to Thousands of Salaried Staff
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Honda Motor Co. plans to furlough several thousand salaried employees and support staff in the U.S. for two weeks, expanding cost-cutting measures that initially affected only production workers.
While many carmakers have cut executive salaries and temporarily laid off their factory workforce amid the coronavirus pandemic, salaried-worker furloughs have been relatively rare. Honda will continue to pay for furloughed employees’ medical care and other benefits, and they’ll be eligible for state unemployment benefits, according to a spokesman.