Sep 28th, 2008 by RJ Menezes
Chrysler LLC has seen better days. Just days after the announcement that the company has lost over $400 million so far this year, they announced they were going to lay off over 300 salaried workers.
Chrysler is turning to layoffs to reach the 1,000 salaried job reductions target that it announced in July. While Chrysler spokesman Dave Elshoff declined to comment, it is obvious that things aren’t looking too good for the once powerful American auto manufacture.
Chrysler offered retirement packages and other incentives for salaried workers to leave after the July announcement of their intended plans. The car maker had 18,500 salaried workers worldwide as of June 30, with about 9,500 of those employed in the Detroit area.
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