Stellantis Layoffs: Global Automobile Giant Laying Off 2,450 Factory Workers in Michigan As It Ends Production of Ram 1500 Classic Trucks
Warren, August 11:┬аStellantis is going for another major round of layoffs this year, which will affect┬аthousands of individuals as it┬аends production of the Ram 1500 Classic trucks. Stellantis layoffs will affect┬аas many as 2,450 factory workers in Warren, Michigan.┬аThe layoffs at Stellantis are expected to┬аbegin┬аin October 2024. In April, several┬аreports mentioned┬аthat the automobile giant was considering laying off an ‘unspecified’ number of employees to deal with the changing┬аauto market.┬а
Stellantis is an┬аautomobile corporation that owns 14 iconic brands, including┬аMaserati, Chrysler, Fiat, Jeep, Open and more.┬аAs per the┬аreport┬аby┬аReuters, Stellantis will lay off around 2,450 workers from the Warren Truck assembly plant located outside Detroit. The plant┬аreportedly aims to shift to┬аa one-day shift pattern, ending the ongoing two-day shift pattern in the general assembly. The┬аcompany targets a one-day shift at the Jeep Wagoneer assembly┬аat the same plant.┬аPM Narendra Modi-Led Union Cabinet Approves Modified тАЩPradhan Mantri JI-VAN Yojana’ To Boost Advanced Biofuel Projects and Attract More Investment.
With the production┬аof Ram 1500 Classic trucks winding down┬аlater┬аthis year, according to the report, the company will shift its┬аfocus to the RAM 1500 Tradesman truck. The Tradesman trucks are being produced at the Sterling Heights Assembly facility.┬а
A Stellantis spokesperson said the company┬аintroduced the 2025 Ram 1500 Tradesman truck, bringing “incredible value and content.” The spokesperson further added that the upgraded electric architecture would┬аoffer new tech for commercial fleets. The technology would┬аoffer better tracking and improved safety systems, the spokesperson added.┬аCisco Layoffs: US-Based Tech Company To Lay Off Estimated More Than 4,000 Employees Amid Its Focus on Cybersecurity and AI.
According to┬аReuters, about 3,700 working at the┬аplant are represented by the┬аUnited Auto Workers union. The┬аaffected workers┬аwill get unemployment benefits of 52 weeks and 52 weeks of transition assistance. Additionally, Stellantis┬аwill offer these workers two years of healthcare coverage. The other reports said that the discontinuation of the Ram 1500 ‘Classic’ truck was unexpected, but the company┬аhas yet to announce the replacement of the truck.┬аIt was reportedly concerning local governments, workers, and the Union Auto Workers┬аunion.
(The above story first appeared on LatestLY on Aug 11, 2024 11:32 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website todaynews24.top).