Chrysler said Thursday that it would cut as many as 10,000 more hourly jobs, eliminate 1,000 salaried positions, and discontinue shifts at five assembly plants in the United States and Canada, the first major steps under its new owner. The job cuts, to go into effect through 2008, are in addition to a plan announced in February that would eliminate 13,000 in North America. Altogether, they represent a 30 percent reduction in Chrysler's 2006 work force of 80,000. The cuts, although expected, were more than twice as deep as some industry analysts had anticipated. The actions were announced less than a week after Chrysler workers narrowly approved a new contract, which was reached following a six-hour strike.
See "Chrysler to cut up to 11,000 more jobs", Micheline Maynard, International Herald Tribune, October 31, 2007