Chrysler Cuts 1,000 More Salaried Jobs
July 24, 2008
Chrysler told employees Wednesday that it will eliminate another 1,000 salaried jobs worldwide by Sept. 30. This is the third time in 18 months Chrysler has cut jobs. More than 27,000 jobs have been eliminated since February 2007.
"The signs of economic challenge continue for the U.S. market and as a result, further actions must be taken to improve our business and return to profitability," Nancy Rae, Chrysler executive vice president for human resources and communications, told workers by e-mail obtained by Detroit media outlets. Chrysler sales were down more than 20 percent in the first half of this year.
"In response to the continued deterioration in the U.S. automotive market," she added, "an incremental reduction in both salaried head count and supplemental resources is, unfortunately, necessary."
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