Stellantis, the automotive conglomerate behind brands such as Chrysler, Jeep, and Dodge, has announced layoffs affecting about 400 U.S. white-collar employees, primarily in its software and engineering divisions. The layoffs are part of the company's efforts to navigate the transition from combustion engines to electric vehicles, aiming to cut costs, boost efficiency, and ramp up electric vehicle production plans. These cuts come amid what the company describes as 'unprecedented uncertainties' and increased competition in the electric vehicle market. Additionally, Stellantis has plans to reduce its workforce significantly in Italy, with over 3,000 jobs expected to be cut as part of CEO Carlos Tavares's savings push. The layoffs in the U.S. have been attributed to various factors, including the economic fallout of Stellantis's contract with the United Auto Workers and the need to remain competitive in a challenging automotive market. The company implemented a 'Mandatory Remote Work Day' policy before announcing the layoffs, which also coincide with mass layoffs in the US and Europe.
New Stellantis layoffs mean over 3,000 jobs set to go in Italy https://t.co/M20v6F95gn https://t.co/8WKAnUulb1
Stellantis plans to slash thousands of jobs in Italy as part of CEO Carlos Tavares's savings push https://t.co/HeJph3TuPz
The layoffs come as Stellantis deals with increased competition in the electric vehicle market and the economic fallout of its contract with the United Auto Workers. https://t.co/YONiyeYLAL
“As the auto industry continues to face unprecedented uncertainties and heightened competition pressures around the world,” the company said in a statement, “Stellantis continues to make the appropriate structural decisions across the enterprise to improve efficiency and optimize…
Stellantis then informed the 400 they were being laid off. https://t.co/YONiyeYLAL
Stellantis announces mass layoffs in US and Europe https://t.co/ishKsaXBfs
Stellantis, the automaker behind the Jeep and Chrysler brands, cut around 400 corporate employees last week after making them work from home. https://t.co/FtjI9o1fFW
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Chrysler parent #Stellantis said it will lay off about 400 U.S. salaried workers as it seeks to cut costs, boost efficiency and ramp up electric-vehicle production plans. https://t.co/u2crnnzwk8
Chrysler parent Stellantis said on Friday it will lay off about 400 U.S. salaried workers as it seeks to cut costs, boost efficiency and ramp up electric-vehicle production plans. https://t.co/u2crnnzwk8
Stallantis, owner of Chrysler, to lay off 400 employees The cuts are reportedly part of the company’s efforts to remain competitive in a challenging automotive market. Read more ⬇️ https://t.co/yUOzMZ2gEr
Chrysler-parent Stellantis said it will lay off about 400 U.S. workers as it works to cut costs, boost efficiency and ramp up electric vehicle production plans. https://t.co/Rv1h0dsTc6
Chrysler-parent Stellantis is laying off about 400 U.S. employees, mostly in its software and engineering divisions, the latest in a string of cutbacks by the automaker. $STLA https://t.co/ALhOGvzLgJ
Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S. as it deals with the transition from combustion engines to electric vehicles. https://t.co/86tIiy5CBW
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