That 17% headcount reduction came as the automaker sought cost savings from the deal that created the world’s fourth-largest ...
Stellantis faces challenges with cash burn & leadership uncertainty but offers value with a $36B cash reserve & low P/E.
Big changes to the global EV market are taking a toll on car companies like Ford and GM.
GM has carried out several large layoffs in the last two years, including a 1,000-worker cut in November that affected its tech center in Warren. Stellantis workers in the U.S. faced several ...
Call it the “Merz spurt”. S&P downgrades Stellantis rating, expects tariff headwinds Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to "BBB" from "BBB+", citing ...
The maker of Trader Joe's Charles Shaw wine, known as "Two Buck Chuck," announced more than 80 permanent layoffs at its Stanislaus County headquarters last week. Bronco Wine Co., based in Ceres ...
We hoped industry layoffs would relent in 2024. That's not what happened. Overall, biopharma layoffs rose 3% last year compared to 2023, according to an analysis of yearly data. So, here we are ...
A federal judge ordered multiple federal agencies to rehire tens of thousands of fired employees Thursday in the latest legal blow to the Trump administration’s mass layoff effort, as more ...
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