Feb 14 Chrysler to Cut 13,000 Jobs in Restructuring Plan By PBS News Hour Plagued by poor sales and an unprofitable year, Chrysler Group, the U.S. division of German company DaimlerChrysler, announced a restructuring plan Wednesday that aims to cut 16 percent of its worldwide workforce by 2009. Continue reading
Sep 15 Watch Ford Cuts 10,000 Workers, Closes Two Factories In a round of new closings and layoffs, The Ford Motor Company announced Friday the elimination of 10,000 white-collar jobs and two more plant closings, up to 16 from previous cuts. Guests discuss the drastic efforts to save the automaker,… Continue watching
Sep 04 Watch Layoffs Cause Self Esteem Problems, Author Finds With the increase in outsourcing jobs to maintain a competitive edge in the global economy, Americans are facing more frequent layoffs at the workplace. This phenomenon is causing low self esteem and other psychological problems among people losing their jobs. Continue watching
Jun 23 Watch The Jobless Recovery By PBS News Hour Paul Solman looks at the recession's effect on the changing world of manufacturing, where heavy losses have left many machinists with few options. Continue watching