DETROIT (Reuters) - Jeep-maker Stellantis ( STLA ) said on Tuesday it is offering a new round of voluntary buyouts to its U.S. salaried workers, the latest in a series of cost-cutting measures CEO Carlos Tavares is placing on its American operations.
The Netherlands-based automaker laid off 400 U.S. salaried workers in March and last year twice offered buyouts to groups of thousands of U.S. workers.
Stellantis' ( STLA ) backlog of inventory and weakened margins in the U.S. market have been a point of concern for Tavares in recent conversations with analysts.