TECH - Stellantis Braces For Workforce Shake-Up: 539 Firings In America And 2250 Temporary Layoffs In Italy | Benzinga
Automaker Stellantis NV (NYSE:STLA) on Monday announced its plan to temporarily lay off around 2,250 employees at its Mirafiori facility in Turin, Italy, and terminate hundreds in the U.S.
What Happened: The layoffs in Italy— a result of weak demand — are set to begin on Feb. 12 and continue till March 3, Reuters reported. The decision will impact 1,250 employees engaged in the production of the electric Fiat 500, and ...