Stellantis Offers Voluntary Buyout Packages to Employees

A new report from the Associated Press notes that Stellantis is offering voluntary buyout packages to U.S. employees. The offer is open to all non-union vice presidents and below as the brand continues to see slumping profits and concerns they may kill off certain underselling brands.

There is no minimum service requirement to be eligible for the buyout package. Representatives from the brand would not comment on the total number of jobs to be cut. Stellantis also laid off over 400 employees back in April. 

Read the full report here.