Stellantis to Cut Jobs at US Jeep Plants
08 Dezember 2023 - 9:52AM
Dow Jones News
By David Sachs
Stellantis will cut jobs at two Jeep plants in the U.S. to save
costs, citing in part emissions rules in California that it said
would hurt sales.
The car maker said Friday that layoffs will take place at the
Detroit assembly plant and the Toledo, Ohio, assembly plant as
early as Feb. 5. Combined, the plants employ over 10,000
workers.
Stellantis said earlier this year that it will embark on
cost-cutting measures after losing 3 billion euros ($3.24 billion)
in revenue because of U.S. strikes.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
December 08, 2023 03:37 ET (08:37 GMT)
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