Chrysler's sweeping efforts to save cash have resulted in a few drastic measures that are currently being implemented at its corporate headquarters in Auburn Hills, Michigan. Turning the heat down from 72 to 68 degrees strikes us as reasonable, as does cutting its budget for Christmas decorations from $10,000 to $1,000. But the cuts go much deeper than that. For instance, removing all wall-mounted clocks to cut down on the expense of batteries ($20K for batteries... seriously?), as is removing a full 50% of all the lightbulbs at its headquarters.

Other cost-savings efforts include canceling snow removal on the top level of Chrysler's parking garages and cutting back on food services in the main cafeteria, while closing down satellite cafes entirely. Late last year, General Motors made similar common sense moves to cut costs, lowering the heat, shutting down escalators and turning off the lights when the last worker leaves.

[Source: Detroit Free Press]