Chrysler: Not Reaching Buyout Goal?

United Auto Workers Vice President General Holiefield said Chrysler may not reach its top goal of trimming 10,000 workers by April 1, Dow Jones reported.

Chrysler announced in November it wanted to cut 8,500 to 10,000 blue-collar jobs and offered buyout packages to most of its U.S. workforce. But the economy is keeping people from taking the buyouts, Holiefield told reporters at a Detroit event to celebrate the assembly of the 25,000th Dodge Viper.

Posted by Michelle Krebs at 9:36 AM under Business , Chrysler | Comments (0) | digg this | Seed Newsvine

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Michelle Krebs Michelle Krebs, veteran automotive-industry authority, joins Edmunds editors, analysts and data experts to provide news and commentary.
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