CEO Carlos Tavares, the company aggressively sought savings. In North America, layoffs and buyouts have been relentless in ...
In an abrupt reversal, and after nearly two months of uncertainty, Stellantis announced that the layoffs had been rescinded. The shelving of the layoffs at Toledo Jeep is part of a broader ...
Stellantis faces challenges with cash burn & leadership uncertainty but offers value with a $36B cash reserve & low P/E.
As 2025 begins with economic tensions and even more sales results, automakers are eyeing drastic cost-cutting operations Major car companies like Detroit's GM, Ford, and Stellantis have begun ...
Autoworkers in Windsor, Ont. describe a tense and emotional workplace atmosphere in the lead up to Tuesday â€” which could see ...
including layoffs, and battles with key constituencies. Elkann thanked Tavares for helping create the company but also made clear it is a new era for Stellantis — one focused on patching up ...
Late in 2024, GM, Boeing, Cargill and Stellantis announced layoffs. The total number of Americans receiving unemployment benefits for the week of Feb. 8 rose to 1.87 million, an increase of 24,000 ...
Late in 2024, GM, Boeing, Cargill and Stellantis announced layoffs. The total number of Americans receiving unemployment benefits for the week of Feb. 15 fell by 5,000 to 1.86 million.
Stellantis will pause work on the upcoming new Jeep Compass ... serious concerns for Unifor members both in the plant doing ...