Stellantis is offering buyouts to some of its American employees as the company shifts towards EV production.
Chrysler, Jeep, and Dodge parent company Stellantis offered buyouts to some of its employees, in preparation to become a sustainable tech mobility company.
Stellantis has reportedly offered buyouts to some of its employees in the US, CNBC reports. The corporate movement came in preparation for the company's foray into the EV era, trimming down and realigning its workforce in the process.
The parent company of Jeep, Chrysler, Ram, and Dodge currently has 13,000 salaried jobs in the US, but not all of which were offered to voluntarily quit.
According to the report, employees at least 55 years old, have been with the company for 10 years or have 30 years of service, and have a pension are eligible for the buyout. They were notified recently and have until December 5 to decide on the offer.
A Stellantis spokesperson confirmed the movement to CNBC but did not disclose how many employees got the offer.