Stellantis offers buyout packages to US white-collar workers as a cost-cutting measure.

Stellantis, parent company of Jeep and Ram, offers buyout packages to US white-collar workers as a cost-cutting measure. CEO Carlos Tavares refers to the auto industry facing a major storm amid inflationary pressures and the need to create affordable vehicles. The company aims to reduce costs to ensure long-term sustainability and competitiveness, but has not specified the extent of workforce reduction.

July 30, 2024
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