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Hello… Welcome to Employment Crossing News… I’m Evangeline Fabia. Auto supplier… American Axle and Manufacturing Holdings Inc… plan to cut 400 white-collar jobs... due to high gas prices and a slowdown in auto sales. This in turn, affects the company’s sales orders for parts. Spokeswoman Renee Rogers says that American Axle expects to eliminate one salaried job for every five factory worker. The Detroit-based supplier also stated that they will offer buyout and early retirement offers to about 2,000 union represented US hourly factory workers. For more information… visit us at Employmentcrossing.com. I’m Evangeline Fabia… thank you for watching Employment Crossing News. http://www.employmentcrossing.com ###

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