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home / articles / STLA - UAW Strike Ripple Effect - Layoffs Surge At Major Automakers: Report | Benzinga


STLA - UAW Strike Ripple Effect - Layoffs Surge At Major Automakers: Report | Benzinga

Amid the ongoing United Auto Workers (UAW) strike, automobile giants like Stellantis N.V. (NYSE: STLA), General Motors Company  (NYSE: GM), and Ford Motor Company (NYSE: F) have reportedly announced significant employee layoffs.

On Monday, Stellantis disclosed the layoff of an additional 570 employees, while General Motors revealed a reduction of close to 200 staff members, according to a report from Reuters.

Ford, on the other hand, announced the layoff of an extra 70 staff in Michigan, accumulating a total of 1,865 ...

Full story available on Benzinga.com

Stock Information

Company Name: Stellantis N.V.
Stock Symbol: STLA
Market: NYSE
Website: stellantis.com

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