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 ...
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