http://www.nytimes.com/2007/11/01/bu...hp&oref=slogin
Chrysler to Cut 11,000 Jobs and Drop Models
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By MICHELINE MAYNARD
Published: November 1, 2007
DETROIT, Nov. 1 — Chrysler LLC said today that it would cut up to 10,000 more hourly jobs, eliminate 1,000 salaried positions, and discontinue shifts at five assembly plants in the United States and Canada, in the first major steps under its new private owners.
The company also is dropping four models from its lineup, including the convertible version of its PT Cruiser sport wagon, as well as the Chrysler Pacifica, a crossover vehicle criticized as being too big and too expensive for family buyers.
Also leaving the lineup are the Dodge Magnum, a low-slung station wagon, and the Chrysler Crossfire two-seater. Both those vehicles are based on underpinnings from Mercedes-Benz, which is owned by Chrysler’s former parent, Daimler.
The job cuts, which will take effect through 2008, are in addition to a plan announced in February that would eliminate 13,000 North American positions. The cuts, though expected, are deeper than industry analysts anticipated.
The actions were announced less than a week after Chrysler workers narrowly approved a new contract with the automaker, which was reached following a six-hour strike