Chrysler to Eliminate Nearly 13,000 Jobs
Pastor Dale Morgan
Feb 14, 8:59 AM EST
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Chrysler to Eliminate Nearly 13,000 Jobs*
By TOM KRISHER
AP Business Writer
AUBURN HILLS, Mich. (AP) -- About 13,000 Chrysler workers will lose
their jobs under a plan designed to cut the struggling automaker's costs
and return it to profitability by next year.
The plan, announced Wednesday, also calls for closing the company's
Newark, Del., assembly plant, and reducing shifts at plants in Warren,
Mich., and St. Louis. A parts distribution center near Cleveland also
will be closed.
Under the plan, 11,000 production workers - 9,000 in the U.S. and 2,000
in Canada - will lose their jobs over the next three years, and 2,000
salaried jobs also will be cut - 1,000 this year and 1,000 in 2008. The
job cuts are the latest in a yearlong series of devastating cuts in the
ailing domestic auto industry, which likely will lose more than 100,000
jobs in all.
The restructuring announcement was made in Auburn Hills, the home to
DaimlerChrysler AG's U.S.-based operations.