Anyone would care to chime in with a prediction about potential Penske Automotive layoffs? Any chatter, news or rumors?
Penske Automotive Layoffs 2025
Will there be any Penske Automotive layoffs? Any chatter, news or rumors?
5000
If they are cutting 150M in payroll costs is that about 5000 in headcount?
Furloughs
We'll get our jobs back. Sit tight.
Major Shocks @ Penske
Where to start? furloughs temporary layoffs layoffs capital spending cut pay cuts and exec trimming
Penske will shrink
VW said all cars to go electric by 2025 - less parts, less oil, etc. It'll be bad.
Losing GM Contract kills 166 Penske jobs...
It's bad, but expected... Loss Of GM Contract Means 166 Layoffs At Penske - here is the link for the article http://www.wxyz.com/news/penske-automotive-to-layoff-more-than-160-employees