Thursday, November 1, 2007

CHRYSLER CUTTING BACK employees




I personally think because of the oil prices and housing industry taking such a big hit lately on the market, auto-makers are forced to cut production numbers or lay off workers. Earlier today, Chrysler announced it would eliminate 11,000 hourly and salaried jobs in the United States and Canada, and cut shifts of workers at five plants. The decision comes on top of a plan, announced in February, to eliminate 13,000 jobs and close a factory in Newark, Del.

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