This action is part of Dana's continued effort to improve cost competitiveness throughout its operations. The company expects to achieve this reduction predominantly through normal retirements and attrition.
More Quotes from Chuck Hartlage:
Even in Chapter 11, we are continuing to operate under normal circumstances. We will continue to ship products on time to all of our customers. We have not disrupted any of our customers at this point and plan to continue meeting our commitments.Chuck Hartlage
Greater customer diversity makes Dana a stronger company, which makes us a better supplier to all of our customers. Our customers understand and agree with this.
Chuck Hartlage
Our main message to employees is Dana is open for business and will continue to operate in the normal course of business throughout the reorganization process. Dana expects to provide its employees wages, healthcare coverage, vacation and sick leave and similar benefits without interruption.
Chuck Hartlage
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