STLA - Stellantis Strikes Lay-Off Deals In Italy Amid Industry Shift: Report | Benzinga
Stellantis N.V. (NYSE:STLA), the manufacturer behind Fiat cars, has reportedly finalized new agreements with Italian unions for voluntary layoffs, potentially reducing its workforce by over 3,000 roles.
New deals for more than 1,000 layoffs were reached on Wednesday across Italian facilities such as Melfi, Pomigliano d’Arco, and Termoli, reported Reuters.
These layoffs coincide with industry shifts towards cleaner energy sources. Additional agreements were announced for Stellantis operations in Turin and the engine manufacturing facility in Pratola ...