The Stellantis logo is visible outside FCA’s headquarters and technical center in Auburn Hills, Michigan, on January 19, 2021.
Jeff Kowalski | AFP | Getty Images
Detroit- star The automaker is laying off about 400 salaried employees in its engineering, technology and software divisions in the United States to cut costs as the automaker faces what it calls challenging market conditions.
Stellantis said on Friday that the layoffs would affect about 2% of employees in those divisions “after a rigorous organizational review.” Stellantis employed 11,800 salaried employees in the United States as of the end of last year.
The cuts will take effect on March 31.
“As the automotive industry continues to face unprecedented uncertainty and increasing global competitive pressures, Stellantis will continue to make appropriate structural decisions across the enterprise to drive efficiencies and optimize performance,” the company said in an emailed statement. Our cost structure.”
A spokesman for the automaker declined to reveal the exact number of employees laid off.A source familiar with the operations confirmed there were about 400 workers, a number first reported on Friday Wall Street Journal.
The layoffs occurred during a “mandated remote workday” for U.S. salaried, non-union employees at the Stellantis engineering and technology organization, according to an internal statement confirmed by two sources not authorized to discuss the layoffs.
Actions are up to date Since Fiat Chrysler merged with French automaker Peugeot Citroën Group in 2021 to form the company, Stellantis CEO Carlos Tavares has cut costs through layoffs, acquisitions and other methods.
The layoffs are part of Stellantis’ drive to achieve its “Dare Forward 2030” strategic plan, which aims to increase profits and double the automaker’s revenue to 300 billion euros ($335 billion), among other goals.
“While we understand this is difficult news, these actions will better align resources while preserving critical skills needed to protect our competitive advantage as we continue to focus on executing our electric vehicle product offensive,” the company said. and our Dare Forward 2030 strategic plan.”
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