Chrysler Cancels Worker Furloughs

Edward Niedermeyer
by Edward Niedermeyer

The Freep reports that Chrysler will cancel a planned two-week furlough for workers this summer. “The company found savings in the [bankruptcy] process that rendered the furloughs unnecessary,” say Chrysler spokesfolks. “It’s another reason why it’s good news to have bankruptcy in our rear-view mirror.” The canceled furlough will cost $32 million. But is saving money during bankruptcy a reason to not save money outside of bankruptcy? Or is there still no sense of urgency to pay back those taxpayer “loans”?

Edward Niedermeyer
Edward Niedermeyer

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  • CommanderFish CommanderFish on Jun 19, 2009

    This is a morale boosting issue. Nothing to see here, please move along.

  • Vww12 Vww12 on Jun 19, 2009

    If the giant parking lots full of unsold finished products have been emptied, this is a great sign deserving of plaudits. If not, well, then, this just the union collecting full salary at the expense of non-union shareholders. (That would be you, dear taxpayer).

  • AJ AJ on Jun 19, 2009

    This isn't going to be Chrysler's last bankruptcy.

  • Jpcavanaugh Jpcavanaugh on Jun 20, 2009

    If I had to guess, I would say that the 2 week summer layoff had been planned before the bankruptcy, but was rendered unnecessary by the 6 week layoff that happened upon the bankruptcy filing.