07:17 AM EST, 12/23/2024 (MT Newswires) -- Stellantis ( STLA ) has opted to retain 1,100 employees slated to be laid off at an Ohio Jeep factory, Reuters reported Saturday.
The company announced the layoffs last month but has changed course following the exit of its former Chief Executive Carlos Tavares.
Stellantis ( STLA ) did not immediately reply to MT Newswires' request for comment.
(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.)