Friday, November 21, 2008

Plant Closing #11

The automotive OEMs do not look like they will convince Congress to loan them any money this year. I am not sure what this will mean. The CEOs say that it could mean huge job loses. For now, Chrysler has announced one of there truck plants that was already targeted to be closed will be closed early.

Chrysler has announced it is closing its plant a year early, by Dec. 31. It will lay off more than 1,000 workers.

1 comment:

Anonymous said...

This one hit home for me. One year early it is closing and my husband is 6 months short of being 50 and getting a retirement package. 26 1/2 years he worked there, now we are only offered a buy out!