NAM trimming 17 positions in response to financial crisis

Dec 08, 2008 | 11:05 AM | Martyn Chase

The National Association of Manufacturers (NAM) is planning to eliminate 17 positions—more than 10 percent of its staff—as the severe slump in manufacturing starts to hammer trade associations.

A NAM spokeswoman confirmed the action Monday, and disclosed that the Washington-based group also would freeze salaries and cut back on travel and other operating expenses in light of the current economic outlook.....

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