Stellantis (STLA) Plans Layoffs at Warren Plant

Stellantis (NYSE: STLA) confirmed Wednesday that the company is planning to lay off workers at its Warren Stamping Plant effective Monday. The layoffs include 28 production workers and 12 skilled trades workers, according to a United Auto Workers Local 869 memo.

The company provided few details, using similar language about the reason for the layoffs as it has in recent past announcements elsewhere.

"In order to operate the plant in a more sustainable manner, Stellantis confirms that there will be indefinite layoffs at the Warren Stamping Plant in Warren, Michigan, effective July 25. The company will make every effort to place the laid off hourly employees into open full-time positions as they become available based on seniority," according to a statement provided Wednesday by Stellantis spokeswoman Ann Marie Fortunate.

By Michael Elkins

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