The merger of Diamler - Chrysler.

As with everything thither are good things that come out of everything and dismal things and it all depends on who and what you want to compare the two with. straight off when Daimler took Chrysler it announced a package to reduce the mildew line by 20% so if you asked the people that work there they would tell you that the conjugation was not a good thing. If you asked the fourth-year CEO repre directatives they would tell you that it was a great thing to turn tail the merger because of the mistakes that the company made by purchasing high-priced engines and the economy not wanting to take purchasing for the get ahead price. However there are many aspects of this entire merger and it all comes down to making money.

Here are some of the choppy announcements that will greatly impact the personnel working at the factory and the economy. (Quotes) The Chrysler division of Daimler Chrysler A.G. announced today that it would reduce its work force by 26,000, or 20 percent, over the nigh three years, mainly by not hiring replacements for get it ond workers but also by laying off thousands of employees.

Dieter Zetsche, the former Mercedes executive sent from headquarters in Germany two months ago to become Chryslers headway executive and president, said the job cuts were necessary to restore Chrysler to profitability even as the auto market slows with the weakening of the American economy. The markets are shrinking, competition is brutal, we are under pressure from imports and an motivator war is on, Mr. Zetsche said at Chrysler headquarters here today.

Chrysler officials declined to gauge the number of layoffs, saying that would depend on how many chose to retire first. But executives said the layoffs would include 3,100 factory workers in Mexico and confederation America, 2,500...

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