Stellantis Offers Buyouts To U.S. Salaried Workers
28 Oktober 2022 - 5:27PM
Dow Jones News
By Ryan Felton
Stellantis NV, the global parent of Jeep, Chrysler and other
auto brands, said Friday that it is offering voluntary buyouts to
U.S. salaried employees as part of a larger restructuring to
sharpen focus on new technologies and low-emissions vehicles.
The car company said in a statement that it is offering the
buyouts to certain white-collared employees this month with benefit
packages that wouldn't otherwise be available to them. The offers
target employees with 30 years of experience and have a pension, as
well as those who are 55 years old or older with 10 years of
service, even if they aren't eligible for a pension.
Stellantis declined to provide additional details, including how
many of the 13,000 salaried employees in the U.S. are eligible for
the buyout, or whether it had a specific reduction target to
hit.
Write to Ryan Felton at ryan.felton@wsj.com
(END) Dow Jones Newswires
October 28, 2022 11:12 ET (15:12 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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