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Chrysler parent Stellantis laying off 400 salaried U.S. workers due to 'unprecedented uncertainties' - TL;DR CNBC

Chrysler parent Stellantis laying off 400 salaried U.S. workers due to 'unprecedented uncertainties'

Publishing timestamp: 2024-03-22 13:41:18


Summary

Stellantis is laying off roughly 400 U.S. salaried employees in its engineering, technology, and software units to cut costs due to challenging market conditions. The layoffs are part of the company's efforts to improve efficiency and optimize its cost structure.


Sentiment: NEGATIVE

Tickers: STLASTLAM-IT

Keywords: personnelbreaking news: businessdetroittransportationunited stateslabor economyautosstellantis nvbusinessbusiness news

Source: https://www.cnbc.com/2024/03/22/chrysler-parent-stellantis-laying-off-400-salaried-us-workers.html


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