The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021.
DETROIT — Stellantis is laying off roughly 400 salaried employees in the U.S. in its engineering, technology and software units to cut costs as the automaker faces what it calls challenging market conditions.
Stellantis on Friday said the layoffs would affect about 2% of employees in those units "after rigorous organizational reviews."
Stellantis employed 11,800 U.S. salaried employees as of the end of last year.
A source familiar with the actions confirmed it at about 400 workers, a number first reported Friday by The Wall Street Journal.
Persons:
Stellantis, Carlos Tavares
Organizations:
FCA Headquarters, Technology Center, DETROIT, Wall Street, Fiat Chrysler, French, PSA Groupe
Locations:
Auburn Hills , Michigan, U.S