Stellantis Layoffs: Stellantis, the parent company of the Chrysler automobile brand, is laying off 2,450 factory workers at its Warren Truck Assembly Plant as the automaker stops production of the Ram 1500 Classic truck.
The company said the layoffs will be effective Oct. 8 as the plant moves from a two-shift to a one-shift operating pattern for normal assembly. The company said Jeep Wagoneer will be assembled in one shift at the same plant.
Production of the Ram 1500 Classic will end at the end of this year. The company is shifting focus to the Ram 1500 Tradesman truck built at the Sterling Heights Assembly facility. “We introduce the new 2025 Ram 1500 Tradesman with incredible value and content. The upgraded electrical architecture provides useful new technologies for commercial fleets, including improved tracking and enhanced safety systems,” a company spokeswoman said.
Also Read: IMPS Charges: SBI, HDFC Bank, ICICI Bank, Canera Bank IMPS charges from August 2024
What help is the company providing to the employees being laid off?
The plant has about 3,700 employees, represented by the United Auto Workers union. Stellantis has confirmed that union members who will be laid off will receive 52 weeks of supplemental unemployment benefits and 52 weeks of transition assistance from the company. They will also receive two years of healthcare coverage. The UAW reached new labor agreements with Stellantis after a historic 6-week walkout last year.
Stellantis is a multinational automotive manufacturing corporation. It came into existence in 2021 from the merger of Fiat Chrysler Automobiles and French PSA Group. The company is headquartered in the Netherlands. It now has 14 brands under it – Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram Trucks and Vauxhall. Citroen has recently launched the Basalt SUV Coupe in India.
