Carmaker Stellantis is offering buyout packages to thousands of its salaried workers in the United States as the company transitions to electric vehicles, with workers receiving lump-sum payments to leave the firm.
“As we prepare for the transition to electric vehicles, Stellantis announced today that it will offer a voluntary separation package to assist those non-represented employees who would like to separate or retire from the company to pursue other interests with a favorable package of benefits,” company spokesperson Jodi Tinson said in a Nov. 13 statement, according to multiple outlets. The Stellantis offer is applicable to employees who have at least five years of experience. Workers with five to nine years of experience will get three months of pay in a lump sum.
