Chrysler restores vacation freedom to employees
Chrysler has ended the policy instituted under Cerberus Capital Management that required salaried employees to take their vacation during the two-week summer plant shutdown.
Put in place as a cost-cutting measure under previous CEO Robert Nardelli, the policy was unpopular and created hardships for some families.
The policy broke down this year as the break came soon after Chrysler emerged from bankruptcy and many employees had to work through the model break shutdown.
Salaried employees will again be free to make their vacation plans at their convenience, subject to approval.
•
