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Chrysler owner Stellantis offers buyouts to some U.S. employees


Signage is seen outside the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly established European carmaker Stellantis listed it on the Paris and Milan stock exchanges on January 18, 2021. Stellantis – was formed by the merger of France’s PSA and rival Fiat Chrysler’s. USA-Italy – is the world’s fourth largest car manufacturer by volume. (Photo by JEFF KOWALSKY / AFP) (Photo by JEFF KOWALSKY / AFP via Getty Images)

JEFF KOWALSKY | AFP | beautiful pictures

DETROIT – The parent company of Jeep and Chrysler Stellantis is providing buybacks to some of its 13,000 salaried employees in the US, as the automaker tries to cut jobs and realign its workforce for software and vehicle services. electricity.

To be eligible, employees must be 55 years of age or older and have been with the company for 10 years or have 30 years of service and a pension. Employees were notified of the acquisition offers on Friday. They have until December 5 to make a decision.

A Stellantis spokeswoman declined to say how many salaried employees in the country are eligible for the program or whether the automaker has a target on how many workers want to receive these packages. .

“As part of our transition to becoming a sustainable technology mobility company and market leader in low-emission vehicles, in October we provided several Paid American employees have the option of voluntarily leaving the company with a beneficial benefits package that would otherwise not be available to them,” she said in an emailed statement.

The automaker, formed by the merger of Fiat Chrysler and Groupe PSA based in France in January 2021offered similar acquisitions a year ago for pension-eligible employees. It cited similar reasons for those acquisition offers.

Stellantis is at least the second Detroit automaker this year to look to cut staff, as companies spend billions of dollars on electric vehicles and emerging software services.

Ford Motor said in August they cut the total 3,000 salaried and contract jobs, mainly in North America, as the automaker tries to reduce costs as part of a restructuring effort under CEO Jim Farley.

The country’s largest automaker, Synthetic enginehas made such cuts over the years but not in 2022. GM’s chief financial officer Paul Jacobson on Tuesday said the company “has no plans to make any major workforce cuts.”

“We made a real announcement earlier in the year that we were slowing down hiring and replacing only major trips or critical needs,” Jacobson told reporters during the discussion. GM’s Q3 earnings. “It’s an effort to try to make sure we’re slowing down the headcount and make sure we’re actively positioning ourselves.”

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