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TGI - Triumph cuts 500 jobs; senior execs to forgo 10% of base salaries
Triumph Group Inc.
Triumph Group (TGI+18.4%) bounces higher after unveiling cost cutting plans, including eliminating 250 full-time salaried employee and 250 contractor positions, and implementing two-week furloughs for some salaried employees, as part of its coronavirus response.
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