Stellantis wants to cut 3,500 hourly skilled and production jobs in the United States, and it plans to offer buyout packages "corporate wide," according to a letter from a local UAW official.

The Stellantis voluntary buyout offer comes as the automotive industry deals with potential headwinds. ... according to a copy of the offer letter obtained Thursday by the Free Press. ...

Stellantis confirmed the offer letter in a statement to the Freep, ... The latest buyout offer arrives after the automaker made similar proposals to 33,000 employees in 2023 and to 11,000 others ...

The buyout offer applies to employees at major Stellantis plants, including the Sterling Heights Assembly Plant, Warren Truck, Detroit Assembly Complex, and Toledo Assembly Complex, among others.

Stellantis management will decide who is approved “based on business needs,” according to the letter. The offer period for the buyout runs from Monday to May 8.

Stellantis is offering buyouts to hourly UAW employees, ... according to a copy of the offer letter obtained Thursday by the Free Press. ... Stellantis buyout offer ranges from $50K to $72K.

Stellantis management will decide who is approved "based on business needs," according to the letter. The offer period for the buyout runs from Monday to May 8.

DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits.

Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company’s CEO said the auto industry is in the middle of a ...