Crazy Nut Job
Unemployment Update

Chrysler just announced that it is laying off 25% of its white-collar workforce, or roughly 4,000 jobs (of 16,000 total salaried workers), in November. I’ll update this post when I find an article after breakfast.

UPDATE

I still can’t find an article, but I did find that Chrysler’s white-collar workforce is 16,000, and the “25%” is of that. That would equate to 4,000 job cuts, not the 15,000 (which appears to be a different estimate of the total) that I posted earlier.

UPDATE 2

CNNMoney has the AP article Chrysler to cut 25% of salaried workers:

Chrysler LLC says it will cut 25% of its salaried work force starting next month.

The company says the cuts are in addition to those previously announced and will be done through involuntary layoffs and voluntary retirements and buyouts.

Chrysler has about 18,500 white-collar workers.

Yet another estimate of their workforce.

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