DaimlerChrysler Corp. will lay off 2,715 salaried workers by March 31, based on the 54% eligible for early retirement choosing to take the paid exit. Cost-cutting measures dictated 6,800 salaried must go, including 1,800 contract workers. The 54% take rate exceeds the 50% the company forecast when it sent packages to about 4,000 eligible workers based on age and years of service. It is but one prong of a restructuring plan to return the troubled division to profitability within two ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.