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BUSINESS BRIEFING / AUTO PARTS

Dana to cut 2,000 more jobs

November 07, 2008|Times Wire Services

Dana Holding Corp. said it would close up to 10 plants and cut 2,000 more employees than originally planned as the auto parts maker's net loss widened in the third quarter.

The Toledo, Ohio, firm said the plant closures would take place in 2009 and 2010; the 5,000 job cuts would be complete by the end of this year.

Previously, Dana said it intended to cut only 3,000 jobs this year.

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