Stellantis to lay off 1,100 workers indefinitely
Published On Nov 7, 2024, 10:49 AM
Stellantis is laying off over 1,100 workers at its Toledo South Assembly Plant in Ohio due to a significant reduction in inventory levels to match demand. This decision is a part of the company's efforts to realign its operations for a more competitive future, especially as it navigates a transitional year. The layoffs, which will be effective as of January 5, 2025, are a response to the need for operational adjustments following over a decade of heavy investment in the plant.