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Stellantis Cuts Hundreds More Jobs Amidst UAW Tensions
Stellantis announces further layoffs, sparking union outrage and political controversy.
English
Canada
Us PoliticsLabour MarketLabor DisputeAuto IndustryUnionLayoffsFinancial Losses
StellantisUnited Auto Workers (Uaw)
Carlos TavaresDonald TrumpKamala HarrisShawn Fain
- What is the UAW's response to Stellantis' layoffs?
- The United Auto Workers (UAW) union strongly criticized Stellantis' layoffs, accusing the company of breaking promises and threatening a nationwide strike. Several local union chapters have already voted to authorize a strike.
- What is the current status of Stellantis' stock performance?
- Stellantis' stock is down about 41% this year, reflecting the company's struggles in the North American market. The company maintains it is abiding by its contract terms with the UAW.
- What is Donald Trump's position regarding Stellantis' job cuts?
- President-elect Donald Trump threatened to impose a 100% tariff on Stellantis if the automaker moves U.S. jobs to Mexico. The UAW, which endorsed Vice President Kamala Harris, sharply rebuked Trump's statement.
- How many jobs has Stellantis cut recently in its North American operations?
- Stellantis is cutting 400 jobs at a Detroit auto parts facility, adding to previous layoffs totaling over 3,500 in recent months. The company cited the need to realign its U.S. operations and cut costs amid declining sales and profits.
- What measures is Stellantis taking to address its declining sales and profits in the U.S.?
- CEO Carlos Tavares is attempting to reverse Stellantis' declining sales and profits in the U.S., implementing cost-cutting measures and a management shake-up. His contract is set to end in early 2026.