Stellantis to offer buyouts to half of U.S. salaried staff, WSJ reports

Stellantis is getting ready to offer a new round of buyouts to approximately half of its U.S. white-collar staff, as the company continues to reduce costs amid an expensive transition to electric vehicles and higher labor costs from a pending new union agreement, the Wall Street Journal’s Ryan Felton and Nora Eckert report. COO Mark Stewart said during an all-hands meeting that the Chrysler parent intends to offer voluntary separation packages to nonunion workers with at least five years of experience, the authors say, citing people familiar with the matter.