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News Brief

February 3, 1986
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The workers of the Israel Shipyards in Haifa, presently in the hands of the official receiver, have agreed to take a 30 percent cut in wages for one month, to ensure that all the yards’ 650 employees will be kept on the payroll for that period. During the month’s grace, the receiver will try to work out a plan for the permanent operation of the yard.

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