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Chrysler to cut up to 10,000 factory jobs

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posted on Nov, 1 2007 @ 10:09 AM
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Chrysler to cut up to 10,000 factory jobs


marketwa tch.nytimes.com

Chrysler LLC said on Thursday it would cut up to 10,000 hourly jobs through 2008 as it slashes production capacity in North America and eliminates four slow-selling vehicles.
(visit the link for the full news article)




posted on Nov, 1 2007 @ 10:09 AM
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Article goes onto say that reps 1/5 it's union force. Will drop 5 NA plants. This, with the 13,000 cuts in Feb. of this year is not good news to the U.S. economy -- the machine, tool sector is one of the last productive elements of the economy.



marketwa tch.nytimes.com
(visit the link for the full news article)



posted on Nov, 1 2007 @ 10:49 AM
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Chrysler to cut up to 12,000 jobs

news.yahoo.com...;_ylt=All9gxYclaWtmkJ8gZlYkF5v24cA

The number now appears to be 12,000. This is only birth pains before this whole mess gets really delivered.



posted on Nov, 2 2007 @ 02:49 PM
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Was just reading a little more about this, that's 30% of their workforce. All the US companies in the machine-tool sector are shutting down and Americans aren't doing anything about it, the economy has until next summer tops.



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