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Stellantis initiates new round of buyouts for some factory workers
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Stellantis initiates new round of buyouts for some factory workers
Mar 21, 2025 9:07 AM

DETROIT, March 21 (Reuters) - Jeep-maker Stellantis ( STLA ) is

offering a new round of buyouts for some of its factory workers

as the automaker looks to cut costs following a difficult 2024.

The automaker on Friday confirmed that it is offering

voluntary buyouts to some workers at facilities in Detroit, Ohio

and Illinois.

"Stellantis ( STLA ) continues to review its operations to improve

efficiency and protect its competitiveness in a very dynamic

market," the company said in a statement.

The United Auto Workers union, which represents most

Stellantis ( STLA ) factory workers, didn't immediately respond to a

request for comment.

(Reporting by Nora Eckert and Kalea Hall in Detroit)

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