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