Tags: stellantis | chrysler | layoff

Chrysler Parent Stellantis Laying Off 400 U.S Workers

Chrysler Parent Stellantis Laying Off 400 U.S Workers
United Auto Workers members walk the picket line during a strike at the Stellantis Sterling Heights Assembly Plant, in Sterling Heights, Mich. (Paul Sancya/Getty Images/2023 file photo)

Friday, 22 March 2024 12:29 PM EDT

Chrysler-parent Stellantis said Friday it will lay off about 400 U.S. workers as it works to cut costs, boost efficiency and ramp up electric vehicle production plans.

The Italian-American automaker company said it is reducing its engineering/technology and software organizations by about 400 U.S. jobs effective March 31, which represents 2% of those jobs worldwide. Last year, Stellantis twice offered groups of U.S. workers buyouts, including giving 6,400 U.S. salaried employees a financial incentive to depart in November.

© 2024 Thomson/Reuters. All rights reserved.


StreetTalk
Chrysler-parent Stellantis said Friday it will lay off about 400 U.S. workers as it works to cut costs, boost efficiency and ramp up electric vehicle production plans.The Italian-American automaker company said it is reducing its engineering/technology and software...
stellantis, chrysler, layoff
78
2024-29-22
Friday, 22 March 2024 12:29 PM
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