Advertisement

Dana to cut 2,000 more jobs

Times Wire Services

Dana Holding Corp. said it would close up to 10 plants and cut 2,000 more employees than originally planned as the auto parts maker’s net loss widened in the third quarter.

The Toledo, Ohio, firm said the plant closures would take place in 2009 and 2010; the 5,000 job cuts would be complete by the end of this year.

Previously, Dana said it intended to cut only 3,000 jobs this year.

Inside the business of entertainment

The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.

By continuing, you agree to our Terms of Service and our Privacy Policy.

Advertisement
Advertisement