DaimlerChrysler plans to cut 13,000 jobs
Wednesday, February 14, 2007 International car company DaimlerChrysler announced today it would cut 13,000 jobs in North America. It could part ways with the loss-making business. It also plans to cut two Chrysler plants in an attempt to make Chrysler business profitable by 2008. About 9,000 production jobs will be cut in the U.S., 2,000 production jobs in Canada, and 2,000 salaried jobs. “It’s hard to say if it’s enough … but the stock isContinue reading