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Layoffs

Chrysler axes 1,500 because it can’t sell minivans

June 30, 2008

Poor Chrysler is closing a St. Louis factory because no one is buying these cars: Town and Country, Grand Caravan, Grand Voyager. Because the Chrysler suits weren’t able to foresee that people don’t want to buy large cars, 1,500 factory workers will lose their jobs.

Stating the fucking obvious, Chrysler president Jim Press had this to say to Automotive News:

“Consumer confidence has been hit by oil prices and the credit crunch. It has created a situation if we want to meet or exceed the targets we have to move responsibly.”

Thanks Jim for this valuable lesson on “responsibility.”

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Posted in Layoffs by Jacopo Kane
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Starring: Chrysler, Jim Press
Related stories:
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  • Chrysler “temporarily” exits the hybrid market; idles workers
  • U.S. Steel axes 677 workers in wake of tripled profits
  • GM says au revoir to French Factory
  • Moody’s and Credit Suisse shoot AirTran out of the sky
•

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