Dana warns employees of layoffs - 13abc.com Toledo (OH) News, Weather and Sports

Dana warns employees of layoffs

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TOLEDO, Ohio -

Dana Corporation is warning its employees that there could be a large number of layoffs on the way.

The Washington Times reports that Dana will likely pay $24 million over the next six years in healthcare expenses and that cost is driving the layoffs.

A Dana spokesman says cutting costs is not necessarily because of Obamacare, but because of declining production volumes.

Since June, the company cut its global workforce by 1200 people, but not all through layoffs.

The company spokesman said additional cost cutting could mean downsizing, but that Dana always looks at other costs before looking at people.

Dana manufactures auto parts for companies around the globe and employees more that 25,000 people worldwide.

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