From Yahoo Finance: 2025-05-09 05:11:00

Stellantis plans up to 200 voluntary redundancies at Termoli plant in Italy as part of a broader workforce rejuvenation strategy. The company aims to reduce overall workforce by 1,000 employees, while also hiring 300 new employees in Turin and Atessa. Stellantis reaffirms Italy’s importance in its strategies, with a focus on electric vehicle production and battery plants. Plans for gigafactories in Italy and Germany put on hold due to slow EV market demand. Stellantis announces temporary layoffs of 900 hourly workers in US facilities due to new tariffs impacting production. Company withdraws 2025 financial outlook amid tariff concerns and 14% drop in Q1 net revenues.



Read more at Yahoo Finance: Stellantis plans for 200 voluntary redundancies at Termoli plant in Italy