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Home » Stellantis offers US employees buyouts in new round of job cuts

Stellantis offers US employees buyouts in new round of job cuts

Cuts could impact non-unionized US workers from vice president level and below

Bloomberg NewsbyBloomberg News
September 18, 2024
in Management
Reading Time: 1 min read
0
The SUSTAINera Circular Economy Hub at Stellantis NV's Mirafiori complex in Turin, Italy, on Thursday, Nov. 23, 2023. Stellantis will invest in hybrid-electric transmission production and recycling activities at its iconic Turin factory thats being retooled into a battery-vehicle hub to help safeguard jobs. Photographer: Giuliano Berti/Bloomberg

(Photo/Bloomberg)

Stellantis NV will offer voluntary buyouts to US employees as the carmaker looks to cut costs amid slumping profits. . Non-unionized US workers from vice president level and below in certain functions can opt for the package, which is intended to “assist those interested in pursuing other career options or retirement,” Stellantis said in a message […]

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