Tuesday, July 1, 2008

Chrysler To Lay Off 1,500 Workers

DETROIT -- The worsening U.S. auto sales slump hit Chrysler LLC again Monday as it announced plans to close one St. Louis-area factory and cut a shift from another because of declining demand for minivans and pickups.

Officials with the Auburn Hills-based automaker said in a conference call that it will shutter the St. Louis South plant, which makes minivans, effective Oct. 31. The St. Louis North plant, which makes full-size pickups, will be cut from two shifts to one effective Sept. 2.

The minivan plant's closure will cut 1,500 jobs, and it wasn't clear if the company would ever recall the 900 workers who will be laid off at the pickup truck plant. Both factories are in Fenton, a St. Louis suburb. - WHDH

Well, those workers can find new jobs...right? On a related note, how come nobody is blunt anymore? Instead of saying "Lay Off" they say "Close Down Plant"...what the heck!

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