Stellantis offers US employees buyouts in new round of job cuts

By Albertina Torsoli and Gabrielle Coppola | Bloomberg

Stellantis NV will offer voluntary buyouts to US employees as the carmaker looks to cut costs amid slumping profits.

Non-unionized US workers from vice president level and below in certain functions can opt for the package, which is intended to “assist those interested in pursuing other career options or retirement,” Stellantis said in a message sent on Tuesday to employees that was seen by Bloomberg. There will be no minimum...