Tag Archive for 'layoffs'Chrysler Financial cuts workforce July 1st, 2009 by Bill Cawthon
Faced with a tough credit market, declining vehicle sales and the loss of Chrysler Group’s wholesale financing business to GMAC, Chrysler Financial cut nine percent of its 3,900-person staff yesterday. In addition, the company will consolidate retail credit acquisitions into the Auburn Hills Great Lakes business center and is closing its customer contact center in [...] Share
Chrysler salaried workers to be paid during break June 19th, 2009 by Bill Cawthon
Chrysler Group LLC’s salaried workers get to breathe a sigh of relief: they won’t be forced to take a two-week unpaid furlough this summer. According to spokeswoman Shawn Morgan, they will still have a two-week break but it will be a paid vacation instead of a nearly four percent pay cut. Klegon: No more job cuts February 12th, 2009 by Bill Cawthon
Frank Klegon, Chrysler’s executive vice president for product development, says the company is not including additional workforce reductions in the viability plan to be submitted to the federal government next Tuesday. Chrysler makes more offers to shed workers February 1st, 2009 by DaveAdmin
As of February 2, 2009, Chrysler is announcing another incentive program for retirement and special early retirement program, according to a missive forwarded to Allpar. The programs (IPR and SER for short) are based on “unprecedented conditions” and were approved by the UAW. LaSorda: No white-collar layoffs in December December 4th, 2008 by Bill Cawthon
Chrysler Vice-Chairman and President Tom LaSorda says the company does not expect to lay off any salaried workers this month as enough employees opted to take the buyouts offered to meet the goals of the staff reduction program announced in October. UAW okays suspension of jobs bank December 3rd, 2008 by Bill Cawthon
United Auto Workers President Ron Gettelfinger announced the union will agree to suspend the Jobs Bank program and will allow Chrysler, Ford and General Motors to delay their payments to the Voluntary Employee Beneficiary Association (VEBA) that is due to assumer responsibility for retiree health care in 2010. The announcement came following an emergency meeting between Gettelfinger and the presidents and chairmen [...] Share |
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