As expected, Dana Holding Corp. on Thursday laid off 400 salaried employees across North America, including about 100 who work at its facilities in and around Maumee, company spokesman Chuck Hartlage said.
The majority of the local layoffs involve workers at the automotive supplier s technical center in Maumee, while none of the current cuts will occur at Dana s Dorr Street headquarters campus, Mr. Hartlage said. The additional 300 job cutbacks will take place over the next three months.
Dana employs about 35,000 people worldwide, including about 1,100 in the Toledo area.
Dana CEO Gary Convis telegraphed the cutbacks to employees in a July 18 letter, saying that the company needed to follow other auto suppliers who have cut back their workforce, or put the company at further risk.
The why [of the layoffs] is the unprecedented pressures in the industry right now, Mr. Hartlage said. Today s news is very much evidence of the turbulence in the North American auto industry right now.
Mr. Hartlage said Dana is providing severance packages and outplacement assistance to those losing their jobs.