The international company that owns the American brands is struggling with a glut of unsold cars and smaller profits. The layoffs could have ripple effects through its U.S. workforce of 52,000.
New Jeeps sit on a Dodge-Chrysler-Jeep-Ram dealership's lot on October 3, 2023, in Miami, Fla. Stellantis, which owns all four American brands, has been struggling financially.
And that's not the end: as the company grapples with declining sales, Stellantis"will be implementing indefinite layoffs of represented employees across its footprint," a spokeswoman said in an email. She said the company would not comment on how many more workers would lose their jobs. “They're expensive. They're flashy,” she says. “And it seems like it's kind of missing the mark in terms of where people are right now.”Earlier this year, a great-grandson of Walter P. Chrysler said he wanted to buy back the Chrysler and Dodge brands and revive them. Stellantis “politely declined,” the Detroit Free PressBut Stellantis knows something is deeply wrong.
In a call with reporters this summer, Tavares was asked about the likelihood of Detroit layoffs. “You have to make sure that you protect the sustainability of your company by generating margins,” he said in his response.
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