Anderson said the Minneapolis.-based company is engaged in a detailed examination of its operations that could lead to workforce reductions and other cutbacks.
To that end, Shierholz emphasized the value of work sharing, which allows firms to spread unemployment insurance for reduced hours across their whole workforce in the event of cutbacks, rather than laying people off entirely (currently, 29 states have such programs in place).
After $1.5 billion in operating losses in 2006, Chrysler is now in the early stages of cutbacks and a workforce reduction of 13,000.
Why the cutback on his workforce?
Its unemployment rate remained below the national average, with the region's diverse and highly skilled workforce proving to be adaptable during cutbacks and difficult market conditions.
A distinguishing characteristic of the Great Recession's early phase has been the new willingness on the part of employers to avoid layoffs by imposing unpaid leave and other temporary cutbacks on the existing workforce.
They, like most agencies in California, have been subjected to severe cutbacks in dollars and workforces.
He helped persuade his council colleagues to agree to cutbacks, including reducing the city workforce, raising the retirement age for future civilian workers from 55 to 65 and increasing the amount employees pay toward pensions and healthcare.
