Chrysler Financial – News
September 30, 2009
Amber Gowen, Chrysler Financial
248-427-3126
arp11@chryslerfinancial.com
Chrysler Financial Statement in Response to Further Restructuring
Farmington Hills, Mich. -- Chrysler Financial announced today, effective immediately as part of its ongoing organizational restructuring, the Company will reduce its U.S. workforce by approximately 12 percent affecting all levels of the organization.
Including today’s action, Chrysler Financial has reduced its U.S. workforce by nearly 26 percent since April 30, 2009.
Chrysler Financial continues to offer dealership insurance and consumer retail financing products and is focused on servicing and collecting its on-going loan portfolio of approximately $26 billion.