Saturday, March 3, 2012

Lear trims 60 jobs in interiors division.(News)(Lear Corp.)(Brief Article)

Byline: David Barkholz

Lear Corp. has cut 60 jobs in its money-losing vehicle interiors business.

The seat and interiors supplier trimmed 30 salaried employees and 30 contract workers in its interiors system division in Dearborn, Mich., Lear spokeswoman Andrea Puchalsky said late last month.

Lear, of Southfield, Mich., has expressed an interest in putting its interiors business in a joint venture with New York investor Wilbur Ross. That strategy could fall through if the joint venture is unable to buy troubled interior parts maker Collins & Aikman Corp. out of bankruptcy protection.

Collins & Aikman, of Troy, Mich., is adding executive …

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