Reported 3 months ago
Stellantis, the manufacturer of Jeep and Ram, has announced buyout packages for many of its U.S. white-collar workers as part of its strategy to cut costs amid high inflation and a slowdown in the auto industry. Eligible employees will receive individual offers in mid-August, though the company has not specified how many jobs will be impacted. Following a steep drop in profits, Stellantis aims to streamline operations and offer severance packages, including health care cost assistance and job placement services.
Source: YAHOO