Stellantis To Lay Off Hundreds Of Employees As It Struggles To Transition To Electric Vehicles

Stellantis announced Friday that it will soon lay off around 400 employees amid its challenging transition to producing electric vehicles (EVs).

The layoffs for one of America’s biggest automakers become effective on March 31 and are white-collar jobs largely at the company’s headquarters and a chemical center in Auburn Hills, Michigan, covering engineering, technology and software roles, Stellantis told the Daily Caller News Foundation. Stellantis has so far waited to bring its electric offerings to market, avoiding heavy sales losses accrued by competitors like Ford, which lost $4.7 billion on...