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Stellantis is offering voluntary buyouts to hourly UAW employees at more than 20 Detroit and Toledo area manufacturing ...
The Stellantis voluntary buyout offer comes as the automotive industry ... according to a copy of the offer letter obtained Thursday by the Free Press. Payments range from $50,000 for workers ...
The voluntary termination of employment program applies to more than 20 plants across the two workforce markets.
The Trump administration raised tariffs to a standard 10% on all imports, with auto imports seeing a 25% hike.
Stellantis management will decide who is approved “based on business needs,” according to the letter. The offer period for the buyout runs from Monday to May 8. Some employees who opt in could ...