((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))
Stellantis STLAM.MI , Chrysler’s parent company, said Friday it will lay off about 400 people in the United States to cut costs, improve efficiency and accelerate its electric vehicle production plans.
The Italian-American automaker said it is reducing its engineering/technology and software organizations by approximately 400 U.S. jobs effective March 31, representing 2% of those jobs globally. Last year, Stellantis twice proposed buyouts to U.S. worker groups, including offering 6,400 U.S. workers a financial incentive to leave in November.