https://www.msn.com/en-us/money/companies/massive-autoworker-layoffs-companies-exploit-loophole-to-cut-costs/ss-AA1pzx3c

Sadly, many layoffs will be coming in the days ahead if corporations are plagued with the tax rate hike that keeps being mentioned in the news.

https://www.carscoops.com/2024/05/stellantis-hiring-50000-engineers-in-brazil-and-india-instead-of-150000-ones-in-america/ ....some, I assume are good people.

I have never seen such sadness in FCA people in 10 years I worked here!

Sick and tired of waiting for Stellantis to sort things out while also expecting to be laid off every day.

FYI: Rec'd my buyout (voluntary package) offer today.

They said mid-August, but I haven’t received anything yet. I’m wondering if this means I’m not getting a buyout offer?

Stellantis has problems with: The employees The Union The shareholders The Suppliers The Dealerships The customers The regulators Did I miss anything?!

Stellantis has been sued by shareholders in the United States who said the European-American automaker defrauded them by concealing rising inventories and other weakness, before posting disappointing earnings that caused its stock price to... — read more 

The announcement from Tobin did say “mid August”.

Stellantis’ profits are down by 48% in the first six months of 2024 as compared to last year, Detroit Free Press reported. Vehicle shipments fell from more than a million to 838,000 in North America. Still, in its last full earnings report, for the... — read more 

Fain is in it to win it, for himself.

anybody receive the email? from tobin?

Across all depts? Any confirmation of that rumor?

https://www.autoblog.com/2024/08/11/stellantis-warns-union-of-2000-or-more-potential-job-cuts-at-its-warren-truck-plant/

https://www.cnbc.com/2024/08/09/stellantis-layoff-workers-ram-pickup-truck.html

Does anybody know how many people we lost to layoffs in the last two years? The company keeps getting rid of good employees in thousands. How is this good for the future of the company? I know layoffs are sometimes needed, but this is far too many... — read more 

Guys they have 20 to 25 % cut goal based on department. Good luck all Source: A friend in pt department.

Kepler Capital analyst Thomas Besson maintained a Buy rating on Stellantis (STLA – Research Report) on August 2 and set a price target of €25.00. The company’s shares closed last Friday at $16.13. Besson covers the Consumer Cyclical sector... — read more 

I'm trying to weigh the pros and cons to make a decision on this

Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company's CEO said the auto industry is in the middle of a significant storm. The company told salaried workers... — read more 

Thoughts on the earnings report? 48% drop in profits year over year and cash flow issues. Not great. Went through the "adjustments" they claim aren't recurring and I think they will be. What's everyone else's thoughts?

This is a discussion of the reason behind the Head of Software quitting on the spot. https://youtu.be/KfDHRqfZ7Ds?si=OQ629P0TMs7cY8dg

And for the rest of us - be on your toes, I can bet this ain’t over.

At the Warren Truck Assembly Plant near Detroit, Stellantis is cutting production from two to one daily shift for July, resulting in a temporary layoff of roughly 1,600 workers, or about half the facility's... — read more 

Sad even if 1 .

I am employed remotely through a sort of staffing company, doing a sort of customer service/retention job for Stellantis and their customers (I don't want to get specific). I have a permanent (not-temp) position with this staffing company who has a... — read more 

This time will be more than 1200. So WARN act will be invoked. Names are final since last week. Now they are with HR to print the letters. 60-day notice period for employees affected. Notifications coming either this Friday 28th June or early next... — read more 

Judging from all the info available, news and rumors, we are talking high numbers. Anyone know when they will begin? It really feels like we all are on the sinking ship.

Stellantis CEO announces possible job cuts, including workers in Auburn Hills office tower https://www.clickondetroit.com/news/local/2024/06/20/stellantis-ceo-announces-possible-job-cuts-including-workers-in-auburn-hills-office-tower/

Need to renew for 3 months.

Natalie Knight says 200 million worth today. This is going to get ugly and depressing working here

https://www.reddit.com/r/Stellantis/comments/1cydoi8/layoff_in_june/ any one care to comment if it's remotely true?

https://www.msn.com/en-us/money/companies/here-s-the-firm-that-fired-400-people-on-call-after-telling-them-to-work-remotely-for-a-day/ar-BB1kMCjz?

A lot of quits, retirements (including those 35+yrs of service), and one mid-level manager got stripped of all employees under him..... Soon it will be 60 days since the last lay-off.

https://www.carscoops.com/2024/05/stellantis-hiring-50000-engineers-in-brazil-and-india-instead-of-150000-ones-in-america/

Detroit freep news Apr 30 2024 CFO says more job reductions would continue

I heard some du----s in HR accidentally put a powerpoint regarding desired headcount numbers with layoff dates as public on sharepoint. Any one have the details?

Stellantis Human Resources Notice - Proposal for Expedited Voluntary Separation Plan (VSP) Implementation for White-Collar Workers Dear Stellantis HR Team, I hope this message finds you well. I am writing to propose a plan aimed at facilitating the... — read more