
02-14-2007, 01:46 PM
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Chrysler announces 13,000 job cuts Quote: Chrysler announces 13,000 job cuts
By TOM KRISHER, AP Business Writer 30 minutes ago
AUBURN HILLS, Mich. - In the next three years, 13,000 Chrysler workers will lose their jobs under a wrenching restructuring announced Wednesday that eventually may lead to a DaimlerChrysler divorce.
The Chrysler unit of the German-American automaker announced its long-awaited plan at its Auburn Hills headquarters, saying it would cut 16 percent of the U.S. division's worldwide work force, a move it hoped would return its U.S. operations to profitability by next year.
| Chrysler announces 13,000 job cuts - Yahoo! News |