USA: Chrysler confirms 20% job cut; plant 'idlings'
Chrysler Group has announced major job cuts and plant closures (termed 'idlings') as part of what it calls "the next major part of [a] turnaround plan to regain competitiveness under difficult business circumstances". Over the course of the next three years, Chrysler will reduce its workforce by approximately 20 percent across both salaried and hourly employees. This will affect about 26,000 people -- 19,000 hourly and 6,800 salaried (including 1,800 'supplemental employees' on temporary contracts) -- through a combination of retirements, 'special programmes', layoffs and attrition.
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