Stellantis goals to chop about 3,500 hourly jobs within the U.S. by providing buyouts and retirement incentives to employees forward of negotiations with the UAW later this yr.
UAW Local 1264, which represents the Stellantis stamping plant in Sterling Heights, Mich., stated in a letter to members that the affords can be made “corporate wide.”
Retirement-eligible employees employed earlier than ratification of Chrysler’s 2007 contract with the UAW can obtain $50,000 to depart their job, in line with the letter, which Local 1264 posted Monday on Facebook. Employees who’ve been with the corporate for no less than a yr can be eligible for a lump-sum profit cost, the letter stated, with out specifying how a lot that may be.
Workers can join both bundle from May 6 by way of June 19. Departure dates are tentatively scheduled for June 30 by way of Dec. 31, relying on every plant’s wants.
The openings can be crammed by employees on indefinite layoff, the letter stated.
A Stellantis spokesperson did not instantly touch upon the plan.
The 3,500-job goal would signify about 8 p.c of the 43,000 hourly employees who had been eligible to gather a profit-sharing test from Stellantis in March.
The attrition incentives come as Stellantis prepares to launch 25 electrical autos within the U.S. by 2030. CEO Carlos Tavares has stated that the automaker should discover financial savings because it ramps up manufacturing for EVs which are extra pricey to construct than typical gasoline fashions.
Source: www.autonews.com