Stellantis Announces Job Cuts in Italy
Stellantis NV, a multinational automobile manufacturer and marketer, has announced plans to reduce its workforce in Italy. The company aims to eliminate up to 500 positions through voluntary exits at its Melfi assembly plant. This decision follows a similar redundancy plan for 350 jobs at two other Italian facilities.
Key Details
- Up to 500 positions potentially eliminated at Melfi assembly plant
- Similar redundancy plan for 350 jobs at two other Italian facilities
- Voluntary exit program for affected employees
Executive Appointments
Stellantis has appointed Christophe Schade as the new director for marketing operations in Germany.
Market Performance
The company’s stock price has experienced significant volatility in recent months. The stock has seen a notable increase in value over the past year, but has recently experienced a decline. Despite this, the company’s market capitalization remains substantial.
Global Operations
Stellantis continues to operate globally, serving customers across various regions.