Company laying off 400 white-collar workers

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Revealed Mar 24, 2024  •  Final up to date 3 hours in the past  •  2 minute learn

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Stellantis introduced Friday it was chopping 400 jobs in its engineering, know-how and software program divisions as of March 31, however not in Canada.

The layoffs signify about two per cent of its U.S. workforce in these divisions. The corporate confirmed the laid off employees are primarily on the firm’s North American headquarters in Auburn Hills, Mich., which can be house to a big technical centre.

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The job cuts could have no impression on Stellantis’s Canadian manufacturing crops at Windsor and Brampton nor will any job losses happen at its Windsor Automotive Analysis and Growth Centre.

The analysis and improvement centre is presently present process a 100,000-square-foot growth. Stellantis has added about 650 engineers on the Windsor analysis web site, designating the power as one in every of its key North American battery analysis hubs.

“Because the auto trade continues to face unprecedented uncertainties and heightened aggressive pressures all over the world, Stellantis continues to make the suitable structural selections throughout the enterprise to enhance effectivity and optimize our value construction,” the corporate stated in a press release.

“Whereas we perceive that is troublesome information, these actions will higher align sources whereas preserving the important expertise wanted to guard our aggressive benefit as we stay laser centered on implementing our EV product offensive.”

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Stellantis will roll out eight new electrical autos in North America in 2024, together with the Windsor-built Dodge Charger Daytona and Scat Pack fashions. The corporate will introduce 18 new EV fashions globally.

Stellantis reported final month it had a internet revenue of simply over $27 billion for 2023.

The U.S. cuts come after Stellantis CEO Carlos Tavares warned throughout his earnings presentation of a turbulent yr for the auto trade.

Prior to now yr, Stellantis provided 6,400 voluntary buyouts to its salaried, non-unionized workforce. It has additionally minimize lots of of non permanent part-time staff within the U.S. up to now 5 months.

dwaddell@postmedia.com

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