Chrysler parent Stellantis said on Friday it will lay off about 400 U.S. salaried workers as it seeks to cut costs, boost efficiency and ramp up electric-vehicle production plans.
The Italian-American automaker said it is reducing its engineering/technology and software organizations by about 400 U.S. jobs effective March 31, which represents 2 percent of those jobs worldwide. Last year, Stellantis twice offered buyouts to groups of U.S. workers, including giving 6,400 U.S. salaried employees a financial incentive to depart in November.