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Motor1
Motor1
Sport
Christopher Smith

Stellantis Shrinking US Workforce, Offers Buyouts To 33K Employees: Report

In a move to make reductions to its US workforce, Stellantis is reportedly offering voluntary severance packages to 33,500 employees. Details of the package aren't known, though it largely targets hourly workers. Approximately 2,500 salaried workers with more than 15 years on the job will also receive an offer, according to Reuters. Some Canadian employees could also receive buyout offers.

The buyouts were reportedly sent to employees in an email today from Stellantis Chief Operating Officer Mark Stewart, citing a need for the company to become more efficient by streamlining operations. At this time, there's no official word on how many jobs Stellantis may cut, though a United Autoworkers (UAW) unit allegedly stated 3,500 buyouts were targeted. Motor1.com contacted the automaker seeking additional information but a reply wasn't immediately returned. We will provide an update should new details emerge.

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