Filed under: Chrysler, LLC., Earnings/Financials, Lifestyle
Following in the footsteps of cross-town rival Ford, which did the deed back in June of this year, Chrysler has just announced that it will no longer be paying for the tuitions of white-collar non-union workers. The automaker will continue to pay for classes that its workers are currently enrolled in, but after that, the assistance will be gone. Also, if a worker has already had a specific class approved, Chrysler will still foot the bill. Although the automaker says it hopes to reinstate tuition reimbursement in the future, it'll likely take a major change in consumer's buying habits before that time comes. Detroit-area Universities are expected to take the brunt of the impact on the higher-learning cuts, as the majority of the seats in the post-graduate courses are filled with workers from the Detroit 3.

[Sources: The Detroit News, The Detroit Free Press]
Read | Permalink | Email this | Comments
</img>
</img> </img>


More...