Chrysler parent Stellantis will offer buyouts to roughly half of its U.S. white-collar employees to reduce headcount and cut costs of the automaker’s North American operations.
The voluntary separation packages will be offered to 6,400 of its 12,700 nonbargaining unit U.S. employees, the company said Monday.
This marks the second round of salaried buyouts this year for Stellantis and comes weeks after the automaker struck a tentative deal with the UAW for unionized workers.