The latest effects of the downturn in the auto industry due to a poor economy and record-high gas prices see Chrysler cutting 1,000 white-collar workers. On Wednesday, Chrysler LLC announced it would cut 1,000 salaried jobs before October in order to cut costs. The automaker notified its employees of these plans via a staff memo from human resources staff.
The company said the job cuts will occur as a result of retirements, special programs and attrition. While the cuts will be made in the automaker’s worldwide operations, it is not know how many will come from North America, although it is expected to make up the majority of the cuts.
“To respond to the current market conditions, an incremental manpower reduction of 1,000 salaried employees by September 30, 2008, will be required,” the memo read, which was sent out by Chrysler’s spokesperson and human resources head, Nancy Rae, according to an Automotive News report.
The automaker recently took other measures to cut costs, including idling its Mexican Dodge Ram production plant as well as closing its minivan plant and eliminating a shift at the St. Louis truck plant. Thanks to these measures, among others, privately-held Chrysler said its liquid assets remained unchanged since December of last year up until July.
07/24, 8:45 AM
posted by:
howsmydriving
Even God is not so unmerciful as to inflict this layoff as punishment for inventing the minivan.
07/24, 9:30 AM
posted by:
xyunya
Somehow I feel sorry for Chrysler most out of all domestics. Iaccoca saved them from bankruptcy in 80’s and gave them financial legs (ironically due in part to invention of real minivan or borrowing concept from Europe’s FIAT 600). Then man retires, brings replacement from GM to run financially stable company and typical GM asshole capitulates to Mercedes-Benz and assist to rape his own company. Even Pétain have not done to France what Robert Eaton have done to Chrysler. Now they really have a fight on their hands to survive. God knows those Nazi masters haven’t been kind.
07/24, 9:30 AM
posted by:
HemiRoadRunner
Don’t you just love how EVERY article LLN writes on job losses or dropping sales starts off with “Due to a poor economy and record high gas prices”? WE KNOW ABOUT THE ECONOMY AND GAS PRICES BY NOW LLN!!!
07/24, 9:38 AM
posted by:
ihustle
Ford lays off 200 chrysler lays off thousands. What happend xyunya, thought Ford was in the biggest trouble out of the 3? Love when im right.
07/24, 9:55 AM
posted by:
xyunya
Car salesman is always right; professional expertise and that impeccable upbringing will not permit them being wrong or vengeful or honest with a customer.
07/24, 10:18 AM
posted by:
johnnycanuck
Maybe these 1000 should consider themselves the lucky ones: much like with any sinking ship, at least early on there still are lifeboats left.
07/24, 12:42 PM
posted by:
brassmonkey
Cerberus strikes again, thus living up to its name. Cerberus is the three headed dog-beast that guards the gates of Hell. Why you need a guard there is beyond me. Not like people are trying to sneak in, are they?
07/24, 2:30 PM
posted by:
beatusmongous
Actually, at the time of the original Cerberus, there was no real “hell”, only the underworld where the spirits of the dead remained. There were many heroes who had the need to either enter the underworld or speak with the dead in order to complete their quest, which is why the gate was so heavily guarded. Cerberus was a great character in those tall tales.
07/24, 2:53 PM
posted by:
HemiRoadRunner
You guys ever watched Clash of the Titans?
07/24, 3:11 PM
posted by:
beatusmongous
I used to have a crush on Princess Andromeda. She was hot.
07/24, 3:17 PM
posted by:
HemiRoadRunner
Yeah, I’d save her from the Kracken too, then I’d pull a Kracken on her. I like the owl, he’s a little @$$ kicker.