Hi, Help me please figure out the meaning of the word concession in this context. S) aid package to teetering General Motors and Chrysler that contemplates significant concessions by American employees. Concession might be 1.
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"Thousands of auto workers in Canada face the prospect of pay and job cuts today after a $17, 4 billion ( U.S) aid package to teetering General Motors and Chrysler that contemplates significant concessions by American employees.I agree with Clive. To me, it is the "aid package" that "co