Why it Sucks to Work For Chrysler

April 6, 2007

We all make bad decisions. DaimlerChrysler is trying to break free from its 1998 decision to merge with the Chrysler Corporation and is looking for buyers for the Chrysler assets.

While CEOs and private equity groups try to determine the best way to turn a buck from the game of hot potato with Chrysler, the employees wait with baited breath. If a private equity group like the Blackstone Group or corporate raider like Kirk Kerkorian win the bidding many fear the company will be broken up and sold off.

The auto-makers in Detroit have taken a beating over the last few years and those that have likely suffered the most are the working families that build the vehicles. Now they are caught in the middle of this corporate dance and fear for their future. It is sad watching a once – great company lose its grip but to me it’s even more depressing thinking about the uncertain future of those that worked for years to make the company what it once was.

Last updated by .

Ben

Will this article help you save or earn more money? Get others like it simply by entering your email address below. Your email is used only for delivering daily money tips and you can opt out of delivery at any time. Click here to see all your free subscription options.

  

Ben
Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn't like the other kids... His addiction to personal finance has paid off for his family and now he's helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.

All posts by

Related Articles

Comments

One Response to Why it Sucks to Work For Chrysler

  • Bryan C. Fleming

    I live down the road from their world headquaters. An amazing building if you’ve never seen it.

    Inside it looks like a palace. A place where you could picture taking over the world. Long vast hallways. Everything white and clean.

    Work there? LOL… never

    In fact I just had a programming job offer there last week.

    Here’s why:

    - You can’t bring your cell phone in the building
    - You can’t bring your own laptop into the building

    so let me get this straight… you want me to work for you, but you can’t trust me an inch. The security there is a joke.

    I agree with you however. I think things will work out for them and the Detroit area. I hope they get sold to Kirk Kerkorian.

    Let the UAW have some ownership.

    Get rid of the dumb German corporate policies.

    I think we’re all set;)

    - Bryan

Trackbacks/Pingbacks

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title="" rel=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>