Incentive packages to go to all of its hourly workers in Michigan factories.
Chrysler LLC will offer buyouts to more than 13,000 hourly workers in Michigan, in the latest wave of job-reductions sweeping the hard-hit auto industry.
Chrysler did not disclose a specific reduction target on Friday, but company officials said they wanted to eliminate at least 2,000 jobs, representing the number of idled workers collecting wages in the Chrysler jobs bank.
All automakers are struggling in the U.S. market, which has sunk to its lowest level in more than a decade. But Chrysler has contracted more than any of its major rivals. Its sales through August have fallen 24 percent, or more than double the overall market's decline.
http://www.detnews.com/apps/pbcs.dll/article?AID=/20080913/AUTO01/809130363/1148
Chrysler LLC will offer buyouts to more than 13,000 hourly workers in Michigan, in the latest wave of job-reductions sweeping the hard-hit auto industry.
Chrysler did not disclose a specific reduction target on Friday, but company officials said they wanted to eliminate at least 2,000 jobs, representing the number of idled workers collecting wages in the Chrysler jobs bank.
All automakers are struggling in the U.S. market, which has sunk to its lowest level in more than a decade. But Chrysler has contracted more than any of its major rivals. Its sales through August have fallen 24 percent, or more than double the overall market's decline.
http://www.detnews.com/apps/pbcs.dll/article?AID=/20080913/AUTO01/809130363/1148
