Petty lays off nine, cuts salaries

Petty lays off nine, cuts salaries

There are 1 comment on the The Knoxville News-Sentinel story from Jun 8, 2009, titled Petty lays off nine, cuts salaries. In it, The Knoxville News-Sentinel reports that:

Richard Petty Motorsports laid off nine employees Monday and reduced salaries throughout the organization, a byproduct of Chrysler's bankruptcy filing.

Join the discussion below, or Read more at The Knoxville News-Sentinel.

TaMyJaxFL

Blackshear, GA

#1 Jun 10, 2009
I heard that RPM was in talks with Toyota. If they don't go with Toyota, they'll have to shut some teams down to cut expenses! I hate to think which ones they'll cut.
I hope Johnny Benson can find a ride FAST! The defending Truck Champ should be in the mix!!
Do you think Toyota would even want to fund yet ANOTHER racing organization? Aren't they hurting too?
Does this mean that all the people that said we can't spend out way out of debt were right?!!
It's looking pretty scary around here!

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