06:53 AM EST, 11/08/2024 (MT Newswires) -- Stellantis N.V ( STLA ) said Wednesday that it is laying off about 1,100 employees at its Jeep Gladiator plant in Ohio as early as Jan. 5 in an attempt to improve efficiency and reduce high inventory levels, multiple news outlets reported.
The carmaker will lower its production rate at the plant and move to a one-shift operating pattern from a two-shift pattern, the reports said.
The auto giant expects the job cuts to allow its US operations a strong start to 2025 by adjusting production to meet sales, according to the media outlets.
Stellantis ( STLA ) did not immediately respond to MT Newswires' request for comment on the matter.
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