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Tag Archive for 'employees'

Chrysler hangs out the “Help Wanted” sign

Former Chrysler CEO Robert Nardelli slashed engineering jobs, essentially gutting the staff to the point there could be no new product development. Now new CEO Sergio Marchionne has Chrysler’s HR department working feverishly to rebuild the ruins left by Cerberus.
According to a report in Automotive News, Chrysler has already hired 600 engineers and is looking [...]

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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 [...]

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GM wants to cut more workers

In 1979, General Motors employed about 618,000 people. By the end of 2009, it will have eliminated more than 90 percent of those positions.
Another round of buyout offers ended yesterday. Any employee agreeing to leave could get $20,000 in cash and a $25,000 vehicle voucher. Workers with more than 20 years with GM can get [...]

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Chrysler cut 8.7 percent of workforce in first half of 2009

Since January, Chrysler LLC and Chrysler Group LLC have shed more than 4,700 employees or about 8.7 percent of its workforce.
Yesterday, the company released figures showing it had 49,637 hourly and salaried employees as of July 1. It had about 54,400 in December 2008. Employee buyout programs are credited with helping the automaker reduce its [...]

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Buyout offer expanded

Workers at factories that are to be closed or sold have been offered early retirement. The plan covers hourly workers at Sterling Heights, Conner Avenue, St. Louis North, St. Louis South, Twinsburg Stamping, and Kenosha Engine; those whose combined age and years with the company are more than 85 years, and who are over 60 [...]

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Bounced checks being resolved

A small number of Chrysler employees have had bounced checks, due to the “extraordinary circumstances” of the bankruptcy. The problem mainly affected those receiving paper checks, though it appears some EFTs failed. Employees have been given a letter for their banks to ask for fees to be waived. 
Some employees have apparently also had an issue [...]

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