With the cuts being made at Chrysler And GM, Are they rightsizing the companies to make the merger???
Latest from Detroit News Auto Reporter:
Trimming 5,000 salaried jobs may make it more attractive to GM or other potential suitors.
Alisa Priddle, Bryce Hoffman and David Shepardson / The Detroit News
Chrysler LLC said Friday that it will cut almost a third of its white-collar work force, raising questions about whether the move is in response to difficult market conditions or a step toward preparing the struggling automaker for a possible sale.
Chrysler will cut about 5,000 of its 17,300 salaried and contract workers worldwide by Jan. 1 through buyouts and layoffs as plunging car and truck sales force Detroit's Big Three automakers to reduce costs to conserve cash.
About 95 percent of Chrysler's white-collar force is in North America, with at least 10,000 workers in Michigan, which means the state would take the brunt of the downsizing....Detroit News
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