« Resale values for Detroit makers' vehicles go up | Main | Oil Prices Rise Over $3 »

Chrysler could cut beyond buyouts

Chrysler officials have not ruled out the possibility of layoffs at the Auburn Hills automaker if they fail to get enough salaried workers to leave with voluntary buyouts over the next month, according to the Detroit Free Press.
Chrysler Chief Executive Officer Bob Nardelli has warned employees to expect a tough 2008, leaving open the possibility of job cuts even beyond the 25,000 already announced, a figure that include the buyouts.

Posted by Peter C. T. Elsworth  at 3:31 PM to Chrysler | Permalink

Comments

Post a comment

Please be civil. Vicious comments, personal attacks and profanity won't be published.

Name:

Email Address:

URL:
Remember Me? YesNo

Comments: (you may use HTML tags for style)