Stellantis

Engineers Shocked by Mass Layoffs at Stellantis – What’s Really Behind the White Collar Job Cuts?

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Oak Park, Michigan – Hundreds of white-collar employees at Stellantis were unexpectedly fired, adding to the ever-growing list of economic challenges faced by the automotive industry. The company made the decision to terminate around 2% of its engineering, technology, and software personnel in the United States, leaving many employees stunned and uncertain about their future. According to reports, the dismissals unfolded during a virtual meeting where employees were informed of the sudden terminations. This move …

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Stellantis Workers Could Receive $13,860 Profit Sharing – Largest Payouts for UAW Members in Detroit!

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Detroit, Michigan – Stellantis NV’s employees represented by the United Auto Workers are in line to receive profit sharing checks averaging $13,860, the automaker announced on Thursday. The potential payout, which could be higher or lower based on hours worked, will reward approximately 38,000 eligible workers. This figure reflects a 6.1% decrease from last year’s profit sharing of $14,760, which was distributed among 40,500 eligible employees. Stellantis attributed the decreased payout to a 15.4% adjusted …

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