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Chrysler’s Crisis

by Scot Herrick on March 2nd, 2007

Chrysler is on the chopping block again, joining GM with tales of corporate survival — including having weak GM purchase Chrysler as one of the options for survival.

Chrysler, in the past five years or so, has downsized by some 40,000 jobs and has announced its intention of downsizing by 10,000+ more.

No matter what happens with Chrysler, the current employees there — as in many other companies in a similar financial situation — are at great risk of losing their jobs.

If you were an employee in such a company, what would you do to try and survive?

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