KAR to furlough employees, reduce executive salaries amid outbreak

ADESA — The ADESA auction site in Windsor, Ontario. (GREG LAYSON)

Lindsay VanHulle

March 27, 2020 07:44 PM

KAR Global will temporarily furlough a "significant portion" of its work force and company executives will cut their salaries as the wholesale vehicle-auction company works to counter the financial impact of the COVID-19 virus outbreak, it said Friday.

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