Stellantis has announced that it has reached a voluntary agreement with Italian labor unions to cut at least 1,520 jobs in Italy. The news comes just days after the automaker announced laying off 400 U.S. employees from its engineering, software, and technology divisions. Stellantis claims the moves are due to the automaker grappling with challenges posed by the shift towards electrification and changing consumer demands. The announcements have been met with criticism as the automaker has made record profits in the past two years and is now facing pushback in sales in North America due to overpriced products and electric … (read full article...)
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