Stellantis, parent company of Chrysler, is laying off about 400 employees in the United States. This is the latest in a series of cuts by the automaker as it works to introduce its first electric vehicles in the USA.
Stellantis then confirmed in a statement that it plans to reduce its engineering, technology and software organizations by about 2% in the U.S. In all, this figure equates to around 400 employees, according to internal documents seen by the Wall Street Journal.