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Stellantis uses ‘mandatory remote work day’ to cut 400 white-collar jobs: ‘It was a mass firing of everybody that was on the call’ Steve Mollman March 24, 2024 at 6:50 PM
Stellantis, the company that owns brands like Chrysler and Jeep, has had a particularly tough year. As it struggles with oversupply, it has initiated plans to cut nearly 4,000 factory jobs in the US.
Stellantis added to its rising tally of layoffs on Friday, saying 400 workers at a Detroit logistics facility would indefinitely lose their jobs as the carmaker reduces costs in its struggling ...
FCA operated in four global markets (NAFTA, LATAM, APAC, EMEA). [8] Starting in late 2019, FCA merged with the PSA Group (owner of the Peugeot and Citroën brands among others) on a 50-50 all-stock basis [9] in a $50 billion merger. [10] [11] In 2020, the company announced its new name, Stellantis. [12]
Stellantis N.V. is a multinational automotive manufacturing company formed from the merger in 2021 of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. [ 10 ] [ 11 ] [ 12 ] The company headquarters are located in Hoofddorp , Netherlands.
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