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Stellantis Announces 400 Engineering Job Cuts in the US, Sparking Criticism from Unions and Concerns about Company’s Future

BySamantha Nguyen

Mar 25, 2024
Stellantis to Cut 400 US Jobs, Boost Production of Electric Vehicles

The Italian-American automaker, Stellantis, has announced that it will be cutting approximately 400 engineering/technology and software jobs in the U.S., which is equivalent to about 2% of its global workforce in these positions. The company cited unprecedented uncertainty and increased competitive pressures in the automotive industry as reasons for the decision, stating that it is making structural decisions at a company-wide level to improve efficiency and optimize cost structures.

In recent years, Stellantis has been undergoing significant restructuring efforts to adapt to changing market conditions. Earlier this month, the company announced that it would be offering permanent jobs to about 3,000 temporary employees. However, despite this move, Stellantis still laid off around 2,000 temporary workers in the U.S., prompting criticism from the United Auto Workers (UAW) union president who attributed the layoffs to “corporate greed.”

Last year, Stellantis offered severance pay for voluntary departures in preparation for its transition towards electric vehicles. While the exact number of workers offered severance pay was not disclosed, reports suggest that Stellantis employed around 81,341 workers in North America at the end of 2022 – down from around 88,835 at the end of 2021.

Moving forward, Stellantis plans to offer at least 25 battery-electric car models in the US by 2030 as part of its ongoing shift towards electric vehicles. This decision comes amidst ongoing efforts within the company to adapt to changing market conditions and become more efficient and cost-effective.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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