GM-Chrysler deal to lead to thousands of layoffs
Grant Thornton LLP, an automotive consultant company, reported that a merger of General Motors and Chrysler would result in thousands of layoffs.
Grant Thornton LLP, an automotive consultant company, reported that a merger of General Motors and Chrysler would result in thousands of layoffs. The report noted that half of Chrysler’s 14 manufacturing facilities would likely close, which would lead to about 24,000 job cuts, not including suppliers who would be affected. The report also indicates that of the 26 models offered by Chrysler, 7 would be retained. The Grant Thornton report estimates that between $6 and $10 billion in costs would be eliminated because of the merger.
|Search the online Automation Integrator Guide|
Case Study Database
Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.
These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.
Click here to visit the Case Study Database and upload your case study.