Stellantis lays off about 400 salaried workers to handle uncertainty in electric vehicle transition

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The cuts, effective March 31, amount to about 2% of Stellantis’ U.S. workforce in engineering, technology and software, the company said.

FILE — The Stellantis sign appears outside the Chrysler Technology Center in Auburn Hills, Mich, on Jan. 19, 2021. Stellantis, one of the largest automakers in the world that owns Chrysler, Dodge, Jeep and other brands, on Tuesday, March 19, 2024. agreed to follow California’s rules to cut greenhouse gas emissions from cars in a move that will help the state advance its move away from gas-powered vehicles.DETROIT — Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S.

The cuts, effective March 31, amount to about 2% of Stellantis’ U.S. workforce in engineering, technology and software, the statement said. Workers will get a separation package and transition help, the company said. U.S. electric vehicle sales grew 47% last year to a record 1.19 million as EV market share rose from 5.8% in 2022 to 7.6%. But sales growth slowed toward the end of the year. In December, they rose 34%.

Last year Stellantis offered buyout and early retirement packages to about 6,400 nonunion salaried workers, but it has not said how many took the offers.

 

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