Get all your news in one place.
100's of premium titles.
One app.
Start reading
Tribune News Service
Tribune News Service
Business
Breana Noble

Stellantis offers buyouts to certain salaried employees in tech transformation move

Another Detroit Three automaker has announced workforce reduction plans amid transformations toward cleaner, more technology-packed vehicles.

Jeep maker Stellantis NV on Friday said it has offered certain salaried U.S. employees a voluntary separation package as a part of its "transformation to become a sustainable tech mobility company and the market leader in low-emissions vehicles," spokeswoman Jodi Tinson said in a statement. The company didn't characterize who received the offers.

Tinson added that the employees have been offered a "favorable package of benefits that otherwise would not be available to them." The automaker said it isn't providing further details at this time, including how many of its 13,000 U.S. salaried employees received the offer. The deadline to accept is Dec. 5.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.