"As of right now, the pension fund is fine. But what happens when there are no more employees to pay into it?" another Chrysler employee said.
Tom LaSorda, Chrysler Group chief executive officer, tried to address the sinking morale in an e-mail this week.
"Here at the Chrysler Group, we are operating in unique circumstances as news reports continue to circulate about our potential future direction," he wrote.
"While we have been through turnarounds before, in some respects the current situation is unprecedented because of the uncertainty involved."
LaSorda added that "whatever our future situation will be, we need to succeed as a team with our Recovery and Transformation Plan."
There has been growing speculation that Chrysler, which Daimler-Benz AG acquired for US$36 billion in 1998, might be sold off in the face of its deep losses. But, industry analysts have placed its value at anywhere from nothing to US$13.7 billion.
The 1998 "merger of equals" created a group valued at US$92 billion and was described at the time as the largest industrial fusion in corporate history.
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