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  #1  
Old 11-01-2009, 10:14 AM
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Default Chrysler offers buyouts to 23,000 more employees

Chrysler offers buyouts to 23,000 more employees

October 31st, 2009 by Bill Cawthon



Chrysler Group continues to trim the ranks of hourly employees. The automaker confirmed Friday that buyout and early retirement offers went out to 23,000 workers represented by the United Auto Workers union. The offers include cash, vehicle vouchers and, depending on tenure and location, at least some pension and retirement health benefits. Special offers are being made to employees working at plants scheduled to be closed. Skilled trades and salaried employees represented by the UAW are not eligible for the program. Chyrsler spokeswoman Shawn Morgan declined to say how many employees the company hopes will take the offers by the deadline of November 13 and leave the company voluntarily.

Under the leadership of CEO Sergio Marchionne, the company is getting a top-to-bottom reorganization, but industry analysts say Chrysler may still need to close two more plants. A six-hour presentation scheduled for next Wednesday will detail the company’s plans to return to profitability in two years. It is expected the program will include more efficient manufacturing, better marketing and major changes to the vehicle lineup and organization. Early hints indicate Dodge cars will move to performance-oriented brand, Dodge trucks will become a brand in their own right and Jeep will targeted at increasing international sales. There are conflicting reports on the future of Chrysler itself, with some saying the brand will be the “family car” with a range of vehicles including the only minvan, while others maintain that Marchionne still wants to move the brand upscale
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Old 11-01-2009, 10:21 AM
MADDOG MADDOG is offline
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Good info. Not unexpected...they have a long ways to go to become profitable.
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Old 11-01-2009, 03:43 PM
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Agreed, just so long as they stay solvent and are able to keep RAMs around
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Old 11-01-2009, 05:35 PM
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As long as I can drive a Ram, or V8 cars like Chargers and Chally's, I am ok. Keeping the Viper would be nice too, they are such pretty cars....
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Old 11-01-2009, 11:08 PM
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Quote:
Originally Posted by Zekery360 View Post
As long as I can drive a Ram, or V8 cars like Chargers and Chally's, I am ok. Keeping the Viper would be nice too, they are such pretty cars....
Very true...

As long as I am still alive and kicking I will own a RAM, and maybe a Charger or Challenger somewhere down the line.
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Old 11-01-2009, 11:57 PM
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Long as I can have my RAM and my Jeep, life is good! Perhaps they should keep the employees and offer the retirement to the UAW???

- Cajun
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Old 11-05-2009, 11:58 PM
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Quote:
Originally Posted by CajunDodge View Post
Long as I can have my RAM and my Jeep, life is good! Perhaps they should keep the employees and offer the retirement to the UAW???

- Cajun

Is there an SRT8 Jeep in your future???
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Old 08-31-2010, 12:35 PM
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Ouch I can relate bein in aviation
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