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Market Chatter: Stellantis to Let Go Nearly 400 Employees in US
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Market Chatter: Stellantis to Let Go Nearly 400 Employees in US
Mar 22, 2024 9:45 AM

12:23 PM EDT, 03/22/2024 (MT Newswires) -- Stellantis NV ( STLA ) is looking to let go about 400 employees in the US, The Wall Street Journal reported Friday.

The automaker has asked its non-union software employees to work from home Friday and called "important operational meetings" to discuss an update, the WSJ reported citing an email sent to workers.

Stellantis ( STLA ) did not immediately respond to a request for comment from MT Newswires.

Stellantis ( STLA ) shares were little changed in trading Friday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 29.17, Change: -0.04, Percent Change: -0.12

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