Mitsubishi announces job cuts, purchasing alliance with DaimlerChrysler
Mitsubishi Motors Corp. has announced plans to eliminate 1,000 administrative jobs and cut costs by making purchases with its new ally DaimlerChrysler. Mitsubishi said Wednesday it will slash its administrative staff by 10 percent to 8,900 by April 2004 from 9,900. Mitsubishi Motors president Katsuhiko Kawasoe said he expects to announce a cost-cutting plan for its operations in Australia in the next several days that may include closing the company's production facilities in Adelaide.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable