Skip to main content

layoffs

  • 0
    Report: GM laying off 510 amidst slow Cadillac, small car sales
    1415815260

    General Motors is laying off about 510 workers from two factories beginning in January, and it could be months before the automaker needs some of that latent capacity to come back on line. A combination of poor sales and high dealer inventories are prompting the cutbacks, according to Automotive ...

  • 0
    Breaking: Lotus to layoff a quarter of its workforce
    1411061280

    Lotus has issued a press release to day, wherein it indicates that a "need to both reshape its organisation and to reduce costs" may result in the loss of "up to 325" jobs. That's a fairly significant number of layoffs for any company, but considering that Lotus currently employs 1,215 people ...

  • 0
    Official: John Deere announces second big round of layoffs
    1408798740

    Farm and heavy equipment manufacturer Deere – of John Deere tractor fame – has announced that it will indefinitely layoff some 460 workers at its Waterloo, IA facility, effective as of October 20. This latest round of layoffs comes just about a week after Deere revealed it would be ...

  • 0
    Report: Ford cuts 950 Russian jobs on weak demand
    1396526400

    The Russian auto market, in decline for the past year and further hit by the declining value of the ruble and recent sanctions over its annexation of Crimea, has forced Ford to cut jobs and shifts at two of its joint venture plants there. Around 700 of the 2,700 total workers who build the ...

  • 0
    Report: Lackluster Dodge Dart sales trigger layoffs
    1394132400

    Hidden amidst the overall very positive sales figures that Chrysler released earlier this week were a few disappointments, the biggest of which may be the Dodge Dart. While Dodge sales in general were down 11 percent from a year ago, the Dart's poor figures stood out from the rest – with ...

  • 0
    Rumormill: Modified Magazine axed amidst word of Source Interlink layoffs
    1391211060

    Today is a sad day for the world of automotive print media, as Source Interlink, the parent company of Motor Trend, Automobile Magazine and Hot Rod, has reportedly shuttered Modified Magazine. It's feared that this is the first of many cuts within the company according to a report on Jalopnik. The ...

  • 0
    Report: Jeep idles second shift it hired a month ago for 2014 Cherokee
    1380031260

    In an unusual move, Chrysler is idling its recently hired second shift of 2014 Jeep Cherokee builders because, Chrysler spokeswoman Jodi Tinson said in a statement, it already has built the "critical number of vehicles we need to stock dealerships once containment is released," Automotive News ...

  • 0
    Report: Volkswagen lays off 500 Chattanooga workers
    1366407960

    The redesigned Volkswagen Passat has been a decent seller since its debut in 2011, but sales have apparently dropped off enough that the automaker is trimming some of the employees from its Chattanooga, TN assembly plant. According to Automotive News, Volkswagen will be cutting shifts and laying ...

  • 0
    Report: Fisker mass layoffs triggers federal lawsuit
    1365339600

    Turns out it's illegal to surprise three-quarters of your workforce with pink slips on a random Friday morning. Just before the weekend, Fisker Automotive furloughed 160 employees as "a necessary strategic step to... maximize the value of Fisker's core assets," which is lingo for trying to ...

  • 0
    Report: Peugeot to axe 1,500 more jobs as Euro sales funk deepens
    1355407260

    Peugeot has announced it will cut 1,500 jobs by 2014 as the European Union economy continues to falter. Bloomberg reports the layoffs join a further 8,000 announced back in July, and will be made by simply not replacing workers who leave. All told, the French automaker wants to slash its current ...

  • 0
    Report: Coda Automotive undergoes "massive layoffs" *UPDATE
    1355260440

    Plug In Cars is reporting that there have been "massive layoffs" at California electric vehicle startup Coda Automotive. Apparently, more than 50 employees, "including a substantial part of its sales and marketing staff," were let go according to an anonymous source. The source said the situation ...

  • 0
    Report: Mazda to axe 25% of jobs in U.S. and Europe
    1338584280

    Automotive News Europe reports that struggling Japanese automaker Mazda is set to cut a total of 250 jobs in the U.S. and Europe. The cuts, originally reported by Japan's Nikkei, come as part of new reorganization efforts and represent 25 percent of the company's staff in both markets. Mazda has ...

  • 0
    Report: GM to axe 100 R&D positions
    1335904200

    General Motors has confirmed it will cut 100 research and development positions at its Warren, Michigan, Technical Center and will close another R&D lab in Bangalore, India. The cuts are about a 25-percent reduction in the Warren facility and are part of a "global restructuring." "These moves ...

  • 0
    Report: Sluggish Fiat 500 sales triggering layoffs at Chrysler engine plant
    1321381860

    The Fiat 500 may have taken overseas markets by storm, but that isn't quite the case here in North America, where a delayed rollout, overly optimistic sales projections and related issues have hampered the retro supermini's sales. So much so, in fact, that Chrysler has reportedly had to stop ...

  • 0
    Report: Pininfarina exits carmaking business, plans to concentrate on design
    1318426260

    Reuters reports that Pininfarina will lay off 127 workers as the company shuts down its manufacturing business to focus more heavily on design and engineering. The Italian company points to the declining automotive market as the reason behind the move. The layoffs are expected to cost the company ...

  • 0
    Ferrari idling engine plants and laying off workers?
    1273686900

    All is not well in Maranello. It would appear that the ripples of the global recession have finally reached mighty Ferrari. According to Bloomberg, the Italian supercar manufacturer has decided to cool production and send a healthy handful of workers packing amidst the announcement that ...

  • 0
    REPORT: Chrysler again offering early retirement to 23k hourly workers
    1257344400

    The Detroit Free Press is reporting that Chrysler is again offering early retirement packages in an effort to entice some of its 23,000 hourly employees to hit the road. The buyout packages are the first offered by post-bankruptcy Chrysler, though the terms of the buyouts are very similar to ...

  • 0
    Ssangyong preparing to lay off nearly 40% of workforce by end of June?
    1240595940

    Ssangyong Motor Company is still struggling to gain traction after it ceased production late last year and slipped into receivership earlier this year. It restarted its production lines in February, but even the company director, Lee Yu-Il, says volume is still far too slow. To deal with matters, ...

  • 0
    Chrysler cuts 1200 workers in Windsor, 90,000 fewer minivans expected
    1236344220

    Chrysler is cutting a shift at its Windsor minivan plant in response to slowing sales and a dreadful global economy. The plant will cease its third shift as early as June 24 and 1,200 workers will lose their source of income. The move will directly affect those with 13 total years of service or ...

  • 0
    Goodyear posts loss, laying off 5,000 workers
    1234999860

    When car sales dip like they have over the past few months, in many cases suppliers feel the pinch even more than the automakers. That's the case at Goodyear, where production is down by 19% and losses are beginning to pile up. The tire giant lost $330 million in Q4 2008, compared to a $55M profit ...

Loading

Loading
Autoblog iPhone App
Shop for a vehicle