You are viewing a single comment's thread from:

RE: LeoThread 2024-08-09 23:30

in LeoFinance • last year

🧵 1. Stellantis to lay off 2,450 U.S. factory workers due to discontinuation of Ram 1500 "Classic" pickup truck, affecting Michigan plant later this year. #business

last year in LeoFinance by
$0.00
    12 votes
    Reply 5
    Sort:  
  • Trending
    • [-]
     last year  

    🧵 2. Ram 1500 "Classic" has been a low-cost option introduced alongside the current Ram model in 2018; production at Warren Plant set to end this year.

    $0.00
      Reply
      [-]
       last year  

      🧵 3. Uncertainty looms as Stellantis has not announced replacement for the Ram 1500 "Classic" truck, raising concerns for local governments and workers.

      $0.00
        Reply
        [-]
         last year  

        🧵 4. Layoffs set to begin as early as October at the Warren Plant, with total number potentially lower than initial estimate; impacted workers may be reassigned.

        $0.00
          Reply
          [-]
           last year  

          🧵 5. Stellantis CEO Carlos Tavares focuses on cost-cutting efforts, aiming to increase profits and revenue under the "Dare Forward 2030" plan, introduced after merger in 2021.

          $0.00
            Reply