Stellantis Announces Layoffs of 400 Salaried Workers in Michigan

Stellantis, the automaker behind brands like Chrysler and Jeep, is laying off about 400 white-collar workers, mainly in engineering, technology, and software roles at its Michigan headquarters, as it navigates the shift from combustion engines to electric vehicles. The company cites the need to improve efficiency and optimize its cost structure amid the transition. CEO Carlos Tavares has emphasized the higher production costs of electric vehicles and the need to make them more affordable. This move follows similar job cuts by other major automakers like Ford and General Motors as the industry adapts to the electric vehicle market.