Summer Layoffs

With slumping SUV sales and vehicles stacking up on dealer lots Jeep plans to temporarily lay off over 2200 workers at their Toledo Jeep Assembly plant. The plant produces the Jeep Liberty and Dodge Nitro vehicles. Although the layoff is only officially scheduled to last 2 months it could be extended longer and could include even more layoffs if sales continue to slump on SUV’s. Jeep Liberty sales are currently down 14%, Wranglers are down 27% and Nitro sales are down a whopping 32%. With rising gas prices it is unlikely that sales numbers will significantly rise on these three vehicles which all average under 20 miles per gallon. The nearby Wrangler plant will not be affected by the cutoffs, for now at least.