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Chrysler’s Sterling Heights Assembly Plant will build the next-generation Chrysler mid-size car in addition to the refreshed Dodge Avenger and Chrysler Sebring and will, as previously reported on Allpar.com, bring in 900 more workers. In making the announcement about the new product being assigned to the plant, Chrysler CEO Sergio Marchionne said the additional workers [...]
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 [...]
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 [...]
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 [...]