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Stellantis Cutting 400 Jobs Amid Uncertainty in the Automotive Industry

Stellantis to Cut 400 Jobs in US, Increase Production of Electric Vehicles

Stellantis Cutting 400 Jobs Amid Uncertainty in the Automotive Industry

Stellantis, a global automotive manufacturer with operations in the U.S., has announced plans to cut 400 engineering/technology and software jobs from its workforce. This decision will take effect on March 31st, affecting two percent of employees worldwide.

The automotive industry is facing unprecedented uncertainty and increased competition, prompting Stellantis to make structural decisions aimed at improving efficiency and optimizing costs. In recent years, the company has faced criticism from the United Auto Workers (UAW) union for laying off temporary workers and offering severance pay for voluntary departures as part of transitioning to electric vehicles. However, the latest contract between UAW and management resulted in approximately 3,000 temporary employees securing permanent positions.

In February, it was reported that Stellantis employed 81,341 workers in North America at the end of the previous year, down from 88,835 employees at the end of 2022. Despite these cuts, Stellantis remains committed to introducing at least 25 battery-electric car models in the U.S. by 2030 as part of its strategic goals.

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