CTH: Earlier GM cut 5,000 salaried workers and several hundred hourly jobs. Ford previously announced it would cut a total of 3,000 salaried and contract jobs, mostly in North America and India. Now, today, Chrysler parent company Stellantis announces 3,500 auto sector job cuts.
Stellantis owns the Jeep, Ram, Chrysler, Dodge and Fiat brands. Apparently, there is something in the U.S. economy that’s happening despite the great pretending.
WASHINGTON, April 25 (Reuters) – Chrysler-parent Stellantis NV (STLAM.MI) wants to cut approximately 3,500 hourly U.S. jobs and is offering voluntary exit packages, according to a United Auto Workers union letter made public Tuesday.
The automaker is looking to reduce its hourly workforce offering incentive packages that include $50,000 payments for workers hired before 2007, UAW Local 1264 said in a letter dated Monday posted on its Facebook page. MORE
Coming soon:
The Chrysler LearnToCode…
Just another gift from the Never Trump crowd. 5/8ths of them I would not piss on if they were on fire. The 3/8th that I would piss on to stop the fire need to understand that pissing is an act of love and the banner under which they need to march is “Never a Democrat”.
And yet the corrupt Unions march in lockstep to ruin by their democrat masters.
Bring your K-9s inside friends;
That’s a lot of Dog Fuckers suddenly loose with nothing to do all day.
“Wait, $80k for a half-ton pickup isn’t selling?!?” – Stellantis
When the overlords are working to prevent the slaves from traveling, they don’t need as much product output.
When your current overpriced product is not moving, you don’t need as many employees.
When the stupid electric vehicles you are hell bent on making, despite little to no demand, won’t sell…you might as well shut it all down.
I would say “Learn to code”, but how many of them do we really need?
I thot this was the strongest economy since Obola?
Whassup widdat?
It’s just getting started. Once the the switch has been made to 100% EV production, things will turn super ugly for every automaker stupid enough to follow along.
Just another bailout coming.
Free money giveaway.
Balance for 2008 tarp:
General Motors -$11,308,238,095
Chrysler -$1,212,849,005
And bank bailout:
PHH Mortgage -$5,015,832,614
Wells Fargo Bank -$3,398,928,235
JPMorgan Chase subsidiaries -$3,243,888,392
CalHFA Mortgage -$2,360,253,221
Bank of America -$2,311,102,036
CIT Group -$2,286,312,500
Select Portfolio Servicing -$1,795,331,996
Nationstar Mortgage -$1,642,024,635
Florida Housing Finance Corporation -$1,136,616,680
CitiMortgage, Inc. -$781,746,723
Ohio Homeowner Assistance LLC -$762,791,540
Michigan Homeowner Assistance -$761,622,301
Illinois Housing Development Authority -$715,615,095
North Carolina Housing Finance Agency -$706,938,882
CIT Bank, N.A. -$442,522,334
The whole list here. Click on “Net Outstanding” right column.
https://projects.propublica.org/bailout/list
@Cmn¢¢guy
And now I want to cry..
I’m going back to the post with the baby laughs.
See y’all in the next one.
Joe, call your office.🥴
Txn4Evr: The union muckity mucks are getting theirs. You don’t actually believe they are in their positions to look after workers, do you?
MissInMi
“And now I want to cry..”
Sorry, remember when Obuttma claimed how much money they made in interest, dividend, etc, he lied.
Cmnccguy,
I also consider Afghanistan be a the Biggest FAILED Bailout in History.
I wonder what The Ukraine will be…
Cheers, That first post was a heck of a lot of work.
Good for them. After all their union brain washes them into voting Libtard.
““Wait, $80k for a half-ton pickup isn’t selling?!?””
Just wait until the end of summer. They’ll be giving them away.
Go ahead you UAW humps, keep voting for the dems ya dumb bastards.
Anyone who knows the parable of the frog that agrees to the scorpion across the river knows what happened here.
Unions are the frog.
Democrats are the scorpion.
Union bosses have never given a shit about union members.
They are National/Inter-National Socialists promoting National/Inter-National Socialism and their membership is expendable.
The simple fact is that by joining a union the member proves himself too fucking stupid and/or gullible to be worth saving. The bosses work hand-in-glove with their National/Inter-National Socialist masters and, after Ernst Röhm, Jimmy Hoffa, and the Soviet Party purges, they know that they, too, are expendable.
mortem tyrannis
izlamo delenda est …
Anyhow…Love you guys, because you never give up.
BTW, saved some water for ya in my spare canteen.
I’m sure they can all get jobs mining lithium…