Well the rumblings at Chrysler have finally been formalized as TCS signed a contract to manage IT work. Say Ta-Ta to Chrysler IT. This just two weeks after stating that there would be no more job cuts. No More Job Cuts, (until we change our minds.)
And GMAC is cutting over 900 jobs, up to 150 here in the Detroit area. Cerberus has been busy.
I sure hope all of this helps them turn things around, and soon.