Thread regarding Dana Holding Corp. layoffs

2024 Performance Appraisals

Human Resources continue to send out notices the 2024 Performance Appraisals discussions with our supervisor are due Friday, January 31 in the US. We heard rumblings the January 31st deadline has been extended. What has others heard? Are the layoffs going to occur January 30 or January 31st?

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| 1561 views | | 14 replies (last March 1, 2025) | Reply
Post ID: @OP+1jjvsygxk

14 replies (most recent on top)

Any latest news on Layoffs? How many more are coming?

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Post ID: @4fz+1jjvsygxk

Didn’t hear of any layoffs yet. How many were allegedly laid off

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Post ID: @3ck+1jjvsygxk

Today was a terrible day at Maumee and Novi. Too many people were let go.

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Post ID: @3ac+1jjvsygxk

https://www.morningstar.com/news/pr-newswire/20250220cl23121/dana-incorporated-reports-2024-adjusted-ebitda-growth-of-40-million-including-margin-improvement-of-60-basis-points-announces-300-million-annualized-total-cost-reduction-savings

Dana announces their 2024 results.

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Post ID: @38g+1jjvsygxk

Maumee to be substantially thinned out before end of quarter.

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Post ID: @1kg+1jjvsygxk

There is chatter about organizational restructuring at Maumee in next 1-2wks.

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Post ID: @1g9+1jjvsygxk

Program managers and engineers, programmers, network guys, accounts payable and receivable ok for now. Purely administrative like procurement, HR, facilities, quality, not so much.

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Post ID: @1fh+1jjvsygxk

Depends on the department and role for timing. Layoffs ongoing until all parties are happy with headcount. Also heard 5 days a week in the office is coming for Q2 which might make some folks quit. Sales and takeovers take time and have lots of uncertainty. They will likely keep some technical positions for facilitating the handover.

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Post ID: @1fg+1jjvsygxk

Any know if Dana continues to layoff team members at Novi or Maumee?

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Post ID: @1f9+1jjvsygxk

The layoffs are ongoing. Dana has laid off 15 more people at Novi, since last Thursday.

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Post ID: @11c+1jjvsygxk

Where at? Novi or Maumee?

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Post ID: @112+1jjvsygxk

Additional layoffs are occurring with Dana - More layoffs have occurred with Dana today!

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Post ID: @10p+1jjvsygxk

There were some at Novi today.

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Post ID: @bm+1jjvsygxk

HR just being incompetent as usual causing fear. Either way, layoffs are coming. The “when” doesn’t matter if your name is on the list. Names have already been submitted.

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Post ID: @av+1jjvsygxk

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