NEWS WATCH: GIANT CUTS WORKERS' HOURS, CHANGES PRICES: REPORT...GRAND JURY PROBES WAL-MART'S CONTRACT LABOR...PA. LEGISLATOR SUGGESTS 'STATE GROCERY STORES'

GIANT CUTS WORKERS' HOURS, CHANGES PRICES: REPORTy of Netherlands-based Ahold, is cutting back the working hours of its store staff over the next three weeks, and changing the prices of thousands of items in an effort to boost profits before the end of the year, according to published reports. The reports cited two unnamed store managers, as well as several other unnamed Giant employees, who said

GIANT CUTS WORKERS' HOURS, CHANGES PRICES: REPORT

y of Netherlands-based Ahold, is cutting back the working hours of its store staff over the next three weeks, and changing the prices of thousands of items in an effort to boost profits before the end of the year, according to published reports. The reports cited two unnamed store managers, as well as several other unnamed Giant employees, who said managers have been instructed to reduce payrolls by 4% each week in December and to

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TAGS: Walmart