CEO Carlos Tavares, the company aggressively sought savings. In North America, layoffs and buyouts have been relentless in ...

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.

In an abrupt reversal, and after nearly two months of uncertainty, Stellantis announced that the layoffs had been rescinded.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 ...

Government layoffs amounted to 62,530 workers in January and February ... on goods from Mexico and Canada after speaking with ...

Stellantis will pause work on the upcoming ... Unifor members both in the plant doing the retooling work and those on layoff,” Unifor National President Lana Payne said in the release.

The manufacturer is one of the most exposed to the looming tariffs, according to ratings agency Moody’s: 40% of Stellantis ...

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 ...

Stellantis didn’t indicate how long the pause ... members both in the plant doing the retooling work and those on layoff,” said Unifor national president Lana Payne. “The chaos and ...