Stellantis layoffs: Global automaker takes big decision after CEO’s departure
One of the most popular automakers globally, Stellantis has reportedly decided to stop the earlier decision to lay off some 1,100 employees at its Ohio Jeep plant. It comes after the sudden departure of CEO Carlos Tavares.
Stellantis has apparently decided to issue an employee adjustment notice instead, and people can return to their jobs as early as next year. It is one of the biggest global automakers and is behind popular brands such as Jeep, Ram, Fiat, and Peugeot.
Media reports suggest the board at Stellantis had not been happy about the chief executive officer’s tough goals for sales and cost reductions, in addition to his relationships ith the company’s suppliers, dealers and unions.
Earlier, Stellantis announced some 400 job cuts at a plant in Detroit. The company had also stated that it is going to lay off as many as 2,450 employees at a factory in Michigan due to the discontinuation of production for the Ram 1500 Classic truck, as per Latestly.
Also Read | Union Leaders Called to Champion Workers’ Rights in Cambodia
The New Jersey rail workers ended their strike after three days when the Brotherhood of Locomotive Engineers and Trainmen (BLET)…
The Philippines has announced its addition to a long list of countries that are welcoming remote workers with the launch…
As a moving tribute to the migrant workers that have been a part of Singapore’s development, over 60,000 meals were…
Vodafone Idea has strengthened their financial crisis by approaching the Supreme Court of India after being denied by the government…
In a major financial relief to government staff and pensioners, the Bihar government has sanctioned an increase in Dearness Allowance…
The skilled foreign workforce in Canada now faces increased uncertainty after new regulations for the TFWP (Temporary Foreign Worker Program)…
This website uses cookies.
Read More
![](data:image/svg+xml;charset=utf-8,<svg height="32px" width="32px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)