Stellantis Offering Buyouts To Half Of Its U.S. Salaried Work Force

Stellantis has announced its strategic move to offer buyout packages to approximately half of its non-bargaining unit U.S. employees, marking the second round of such initiatives within the same year. The decision to extend voluntary separation packages to 6,400 out of 12,700 white-collar employees underscores the company’s efforts to optimize operational efficiency and streamline North … (read full article...)

 

[Mike201]

Well these 6400 can thank the UAW for the big raises they got the guys on the floor. Money has to come from somewhere. You know it’s not coming from the top!

 

[TripleT]

Well these 6400 can thank the UAW for the big raises they got the guys on the floor. Money has to come from somewhere. You know it’s not coming from the top!

there isn't enough money at the top as there are too few individuals even if they have extremely high compensation.

 

[T/A392]

You don’t just layoff HALF of your corporate workforce. This is scary and looks like the Europeans are wiping out the Chrysler (US) side of the company. So sad