Dana Corporation Announces their 2024 Results:
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
Besides layoffs, how is Dana Corporation reducing their costs?
So has the ship sunk? Sounds like everyone is in for a layoff now - bankruptcy 2.0?
Not a troll…..they are closing the new BEV integration center in Laval, Canada, with the company getting completely out of vehicle integration business.
Sounds like a troll spreading misinformation
Is this a legit info? Which tech center are you talking about?
Dana to close an Engineering and Tech Center by April 1st and move those roles to Michigan as automotive attempts to bounce back with USA - someone buying Dana - it is a holding company.