Market conditions in the U.S. have prompted DaimlerChrysler Corp. to expand cost cutting beyond the $2 billion initiative already underway, says President James P. Holden. “We're dialing them up,” says Mr. Holden. A hiring freeze is already in place, and attrition goes a long way toward eroding the employment base. But it isn't enough. There are also “a lot of jobs open at any given time while you're sorting out workloads,” says Mr. Holden. “Some of what you'll see are positions that ...
Premium Content (PAID Subscription Required)
"Market Dictates More Cuts at DC" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642