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    REPORT: Nissan projects $2.9B loss, announces 20,000 job cuts
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    Nissan hasn't posted an annual loss in nine years, but the automaker is poised to take a big hit on its 2008 earnings, and like the rest of the industry, it is scrambling to restructure. The Japanese carmaker is expected to report a $2.9 billion shortfall, prompting Carlos Ghosn and his team to ...

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    Auto industry crisis leads to job losses even at strong companies
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    When the the Detroit automakers' financial crisis started getting more media coverage a couple of months ago, a study was released by the Center for Automotive Research estimating that the possible collapse of the industry could ultimately cost up to 3 million US jobs. That estimate is based on the ...

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    GM cuts 1,100 staff at Lordstown plant to meet slowing demand
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    Click above for more high-res shots of the Chevy Cobalt SS
    Less than 2 months ago the headline here was GM ramps up Cobalt production to meet demand. It's amazing how quickly things change in this crazy environment. Just months after adding a third shift at the Lordstown, OH assembly plant where ...

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    Bob Nardelli to Employees: We're cutting 25% of remaining white-collar jobs
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    "These are truly unimaginable times for our industry." That's how Chrysler CEO, Bob Nardelli, starts off a recent email to employees, just before dropping the bomb that the automaker intends to cut 25% of its salaried workforce beginning next month and continuing through the end of the ...

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    Chrysler to lay off 300 salaried workers this week
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    Chrysler has been struggling with sales declines more than most automakers during this challenging economic environment, and the some of that pain will transfer to its salaried workforce. The Pentastar is laying off 300 workers today and Friday due to the automaker's inability to reach its goal of ...

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    Toyota to Tundra factory workers: Get thee to a park!
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    As reported recently, even though Toyota halted Tundra production for a while, the company pledged not to lay off its workers. At a total cost of potentially $1 billion to the company, Toyota instead placed the employees in retraining and civic works programs during a Kaizen and Development ...

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    Toyota refuses to lay off workers, but has great flower beds
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    Toyota is struggling to sell trucks and SUVs like everyone else, but unlike the competition, no full-time workers from stalled factories are getting laid off. The 4,500 workers at idled plants are instead bettering themselves through eduction by taking classes on safety, diversity, and Toyota ...

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    Ford meets salaried cuts
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    For white collar workers that still work at the Ford Motor Company: congratulations, you've officially made the cut. Ford's President of the Americas, Mark Fields, announced at a media event that the Blue Oval has successfully achieved its targeted cuts, at least for now. Fields told reporters that ...

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    GM to cut 5,000 salaried workers
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    General Motors is looking to reduce its salaried (read: non-unionized) workforce by 5,000 employees by the end of the year, leaving the beleaguered automaker with 27,000 white-collar jobs in total. This 15% head-count reduction is part of an ongoing effort to trim costs as the automaker continues ...

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    Job and brand cuts from GM on the horizon
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    FOLLOW UP: Tony Cervone, a GM spokesperson, has told Bloomberg that HUMMER is the only brand the General is considering selling or closing.The Wall Street Journal is reporting that General Motors is looking to cut thousands of white-collar jobs and sell, or stop production, of some if its brands. ...

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    Toyota lays off 200 temp workers at Tundra plant
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    Click above for a high-res gallery of the Toyota TundraThe full-size pickup truck woes continue to worsen, leaving even mighty Toyota little choice but to slow production of its Tundra model. In fact, Toyota's brand new plant in San Antonio that was built just for the Tundra will be shutting down a ...

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    BMW to increase U.S. production in 2012 while cutting jobs in Germany
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    Blame the plunging greenback. Less than a week after BMW announced the expansion of their U.S. Spartanburg plant, we are getting news from Germany that the weak dollar is making it increasingly difficult for the German automaker to keep production on their soil and that layoffs are imminent. Ernst ...

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    BMW planning big layoff in 2008
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    We're so used to hearing that either GM, Ford or Chrysler will be laying off a chunk of its workforce that it demands a double-take when another automaker announces cuts. Today BMW has announced that it will cut thousands of jobs in 2008, with some outlets reporting up to 8,000 workers will get the ...

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    Another GM manufacturing shift bites the dust!
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    Just days after the news that the second production shift would be eliminated at the Hamtramck assembly plant, comes word of more cuts. The second shift at the Pontiac MI truck plant will be dropped in May 2008. The plant currently builds 45 Chevy Silverado and GMC Sierra pickups per hour on two ...

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    GM to cut 1,000 jobs in Oshawa
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    The housing crisis is being blamed for decreased truck sales. In light of the credit crunch, fewer loans are being disbursed and fewer construction workerss are actually at work. With GMC Sierra and Chevy Silverado sales taking the hit, GM has decided to cut a shift at its Oshawa, ON plant in ...

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    GM considering cuts at Pontiac
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    Stick with us on this one, because the names might be a bit confusing. Because of less-than-expected demand for its full-size pickups, and despite heavy incentives, GM is considering cutting 500 workers at its Pontiac plant. And you didn't even know Pontiac had a full-size pickup in its lineup! ...

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    Toyota's Indiana plant shedding 370 temp workers
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    Toyota Motor Manufacturing Indiana (TMMI) has just announced that it will eliminate a portion of its temporary work force by the end of the year. Not a huge number of employees are effected, but it's definitely important news for the 370 workers who will no longer be needed, some of which we're ...

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    Mark Fields to white-collar crew: "How do you feel?"
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    If you are still here after seeing your friends and colleagues pink-slipped (or encouraged to take buyouts or early retirement), then we want to know how you're feeling. That was the basic message sent to Ford's white-collar workers today by Ford's President of the Americas Mark Fields. Top Ford ...

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    Holden drops 600 workers from Commodore assembly plant
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    Looks like the sometimes-suicidally-prone manufacturing robots at General Motors are taking jobs away from some real people. The Australian is reporting that up to 600 Holden employees will be getting their pink slips in the company's Elizabeth plant in South Australia. The Elizabeth plant is where ...

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    BREAKING: Chrysler Group reveals details of union worker buyouts
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    This afternoon the Chrysler Group and the UAW released a statement revealing details of the early retirement and separation programs that will help the automaker reach its goal of shedding 13,000 jobs. Two-thousand jobs being eliminated are salaried positions, and we brought you details on those ...

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