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Stellantis signs deals to cut at least 2,500 jobs in Italy
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Stellantis signs deals to cut at least 2,500 jobs in Italy
Mar 26, 2024 9:32 AM

MILAN, March 26 (Reuters) - Stellantis ( STLA ) has

reached voluntary deals to cut at least 2,500 jobs in Italy,

labour unions said on Tuesday, as the carmaker tries to adapt to

changes needed for the industry's transition to clean energy.

Up to 1,520 employees will have the opportunity to leave

Stellantis ( STLA ) with financial incentives in Turin, including 300 at

the Mirafiori plant and 733 office staff, the UILM union said.

Stellantis ( STLA ) agreed further voluntary lay-off deals for up to

850 employees at its Cassino assembly plant in central Italy,

and for up to 100 at its engine making facility in Pratola

Serra, said the FIOM union, which did not sign the deals.

A Stellantis ( STLA ) spokesman confirmed the deals in Turin and

Pratola Serra but not the one in Cassino. However he added that

further agreements are expected for other sites in Italy in the

coming days, under a framework agreed with unions last week.

"The agreements are part of the initiatives implemented by

Stellantis ( STLA ) to address the effects of the ongoing energy and

technology transition process ... including on employment," the

spokesman said.

The agreements are on a strictly voluntary basis, and mostly

aimed at employees close to retirement age or willing to take

new professional opportunities, he added.

Stellantis ( STLA ) employs about 43,000 people in Italy, including

about 15,000 in the area of Turin, in Italy's north-west, the

historic home of Fiat, which merged first with Chrysler and

later with Peugeot-maker PSA to create Stellantis ( STLA ).

Voluntary redundancy packages have been the main tool used

by Stellantis ( STLA ) to cut its workforce in Italy, which amounted to

around 55,000 people when the group was formed in early 2021.

Italy's government is in talks with Stellantis ( STLA ) on boosting

the automaker's annual Italian output to one million vehicles,

from about 750,000 last year. The carmaker reiterated on Tuesday

that Italy had a central role to play in its global operations.

Stellantis ( STLA ) has trimmed jobs in other major centres. It said

last week it would lay off about 400 U.S. salaried workers as it

seeks to cut costs, boost efficiency and ramp up

electric-vehicle production plans.

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