Categories: Europe

Stellantis could ax 1,400 jobs in France, union sources say

PARIS — Stellantis may lower as much as 1,400 jobs in France this yr because it continues to adapt to a altering business, three union sources mentioned.

The automaker, which was created a yr in the past by the the merger of PSA Group and Fiat Chrysler, lower 1,380 jobs in France final yr by way of voluntary buyouts, in keeping with a doc seen by Reuters.

The three sources mentioned the corporate was taking a look at an analogous quantity for 2022.

“We’re wanting on the continuation of the identical measures this yr,” one of many sources mentioned. “It must be, once more, on common 1,300 to 1,400 redundancies this yr.”

The numbers are broadly in keeping with earlier rounds of job cuts at PSA.

Established automakers face strain from new rivals corresponding to Tesla and from an anticipated shift in demand in the direction of electrical autos.

Any dialogue of job cuts in France is more likely to be carefully examined in different international locations the place Stellantis operates corresponding to Italy for indicators of what could come there, too.

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