Automotive Industry in Shambles, Losing Jobs; AutomotiveCrossing Strives to Increase Job Count (2008-08-14)
Thousands of automotive jobs have been slashed recently due to rising fuel prices and the troubled US economy. Most of the automotive companies based in various US cities are bearing the brunt of the spreading recession. Media reports predict that automotive workers will continue receiving layoff notices till the end of the year. Oregon County has been in the line of fire most recently, with 720 automotive jobs at a truck plant in peril due to the economic slowdown. The whole automotive industry is struggling, unable to bear the pressure generated by the overall downturn.
