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March 13, 2008 12:37 p.m.
DETROIT -- Chrysler LLC plans to shut down the entire company for two weeks this summer as a cost saving move to "accelerate Chrysler's recovery and transformation," Chief Executive Robert Nardelli told employees in a memo distributed Thursday.
Mr. Nardelli told employees they will have to take vacation for the weeks of July 7 and July 14 "in order to create better alignment and efficiency across organizational lines and boost productivity," according to the memo, which was reviewed by The Wall Street Journal.
LINK: The Wall Street Journal
DETROIT -- Chrysler LLC plans to shut down the entire company for two weeks this summer as a cost saving move to "accelerate Chrysler's recovery and transformation," Chief Executive Robert Nardelli told employees in a memo distributed Thursday.
Mr. Nardelli told employees they will have to take vacation for the weeks of July 7 and July 14 "in order to create better alignment and efficiency across organizational lines and boost productivity," according to the memo, which was reviewed by The Wall Street Journal.
LINK: The Wall Street Journal