NP Rank:
10,000 jobs may be cut at Chrysler
by Stabler | February 4, 2007 at 07:04 am
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Bad news for Chrysler and another setback to the Michigan economy. Even though Michigan plants are not expected to see workforce cuts, white-collar employees at the DCX headquarters will be targeted for early retirements and layoffs. Once again, the disastrous effect of hitching Michigan's economic cart to a single horse is being felt.
Up to 10,000 Chrysler Group employees could lose their jobs, and at least three plants appear vulnerable to closure under the company's long-awaited cost-savings plan that is to be made public next week, auto insiders say.Michigan assembly plants are not among those expected to close, but thousands of the cuts will likely include salaried or contract workers, some of them at Chrysler's Auburn Hills headquarters or at other locations around the state.
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