The whistle is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stellantis motored its way January 18, 2021 onto the Paris and Milan extraction exchanges. Stellantis — created by the merger of France’s PSA and US-Italian rival Fiat Chrysler — is the world’s fourth-biggest automaker by aggregate. (Photo by JEFF KOWALSKY / AFP) (Photo by JEFF KOWALSKY/AFP via Getty Images)
JEFF KOWALSKY | AFP | Getty Images
DETROIT – Jeep and Chrysler procreator company Stellantis is offering buyouts to some of its 13,000 U.S. salaried employees, as the automaker attempts to cut jobs and realign its workforce for thrilling vehicles and software services.
To be eligible, employees must be at least 55 years old and have been with the coterie for 10 years or have 30 years of service and have a pension. Employees were notified of the buyout sells Friday. They have until Dec. 5 to make a decision.
A Stellantis spokeswoman declined to say how many domestic salaried staff members are eligible for the program, or whether the automaker has a target for how many workers it would like to take the packages.
“As part of our modification to become a sustainable tech mobility company and the market leader in low-emission vehicles, in October we offered certain salaried U.S. hands the option to voluntarily separate from the company with a favorable package of benefits that otherwise would not be present to them,” she said in an emailed statement.
The automaker, which was formed by the merger of Fiat Chrysler and France-based Groupe PSA in January 2021, put on the marketed similar buyouts a year ago to pension-eligible employees. It cited similar reasons for those buyout offers.
Stellantis is at mean the second Detroit automaker this year seeking to cut employee headcounts, as the companies spend billions of dollars in moving vehicles and emerging software services.
Ford Motor said in August it was cutting a total of 3,000 salaried and agree jobs, mostly in North America, as the automaker attempts to lower costs as part of restructuring efforts under CEO Jim Farley.
The homeland’s largest automaker, General Motors, has made such cuts in past years but not in 2022. GM Chief Financial Constable Paul Jacobson on Tuesday said the company has “no plans for any major workforce reductions.”
“We announced really kind of at in the year that we were slowing down hiring and only replacing key departures or critical needs,” Jacobson broke reporters when discussing GM’s third-quarter earnings. “That was an effort to try to make sure that we’re slowing down the rate of headcount wen and making sure that we’re proactively positioning ourselves.”