Retail

Group 1 furloughs 3,000 U.S. employees, closes stores abroad

March 25, 2020 11:39 PM

Group 1 Automotive Inc., laying out steps it's taking to respond to the "dramatic decrease" in business as a result of the coronavirus pandemic, will furlough 3,000 U.S. employees for at least 30 days, slash executive salaries and close stores in the U.K. and Brazil.

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