Stellantis Sheds 400 White-Collar Jobs Amidst EV Transition Challenges
Stellantis, the global automotive giant, has announced the elimination of 400 white-collar positions in technology and engineering, citing cost-cutting measures amidst the electric vehicle (EV) transition. The layoffs reflect broader industry trends as automakers face pressures to innovate while reducing costs. The decision sparked criticism over its remote layoff method and has raised concerns about workforce morale and future industry trends.
Jan 27