Stellantis said the voluntary separation packages are being offered to salaried U.S. employees who have 15 or more years of service and work in certain organizations.
In his email, Stewart said Stellantis needed to continue identifying efficiencies to make its operations more competitive, both inside and outside the company. “The competition is fierce, and the cost of electrification cannot be passed on to the customer. Make no mistake, we intend to win in the marketplace,” he wrote., citing rising costs of EV production. The action affected about 1,350 workers at the Belvidere plant that built the Jeep Cherokee SUV and resulted in indefinite layoffs.
Earlier this month, General Motors said about 5,000 salaried workers accepted buyouts to leave the automaker after it cut a few hundred jobs in February. Ford recently announced significant job cuts in Spain, Germany, and other parts of Europe and in August said
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