TechHR
ex
L&D
UNPLUGGED
Sphere
About Us • Contact Us
People Matters ANZ
People Matters Logo
Login / Signup
People Matters Logo
Login / Signup
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

 

 

  • HotTopic
    HR Folk Talk FutureProofHR
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations BigInterview
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
  • About Us
  • Advertise with us
  • Become a sponsor
  • Contact Us
  • Feedback
  • Write For Us

Follow us:

Privacy Policy • Terms of Use

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

People Matters Logo
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast
Login / Signup

Categories:

  • HotTopic
    HR Folk Talk FutureProofHR
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations BigInterview
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
CEO resignation triggers Stellantis decision to halt layoffs

News • 23rd Dec 2024 • 2 Min Read

CEO resignation triggers Stellantis decision to halt layoffs

Talent Management#HRTech#Layoffs#HRCommunity

Author: Samriddhi Srivastava Samriddhi Srivastava
888 Reads
The reversal comes in the wake of Carlos Tavares’ abrupt resignation, reportedly triggered by disagreements with some board members over what they deemed "unrealistic or destructive" operational targets.

In a surprising turnaround, Stellantis announced it has reversed its decision to lay off approximately 1,100 employees at the Toledo South Assembly Plant in Ohio. The Franco-Italian automaker’s decision comes less than three weeks after the abrupt resignation of its CEO, Carlos Tavares.

Initially slated to begin indefinite layoffs on January 5 due to a previously announced shift reduction, Stellantis has opted to extend a worker adjustment and retraining notification (WARN) notice instead. A company spokesperson confirmed in a statement that employees are expected to resume work as scheduled in the new year.

The reversal follows the sudden departure of Tavares, whose resignation reportedly stemmed from disagreements over what some board members considered "unrealistic or destructive" operational targets. Tavares had been at the helm of the world’s fourth-largest automaker, which owns prominent brands such as Jeep, Ram, Fiat, and Peugeot.

Under Tavares, Stellantis emphasized cost-cutting measures to counter slipping sales in North America, a region critical to the company’s profitability due to the popularity of its Jeep and Ram vehicles. However, these measures have sparked controversy, including workforce reductions and facility shutdowns.

Last month, Stellantis announced plans to lay off employees at the Toledo South Assembly Plant, which manufactures the Jeep Gladiator. The decision was part of a broader effort to improve operational efficiency and reduce inventory across its North American operations.

Additionally, the company has enacted several workforce reductions this year, including laying off 400 workers at a Detroit automotive parts facility and up to 2,450 employees at a Michigan plant as it ended production of the Ram 1500 Classic truck. While voluntary buyouts have reduced the salaried workforce, job cuts among manufacturing employees represented by the United Auto Workers (UAW) union have garnered significant political and public attention.

The United Auto Workers (UAW) union has been vocal in its criticism of Stellantis' workforce reduction strategies. UAW President Shawn Fain has threatened a nationwide walkout, alleging that Stellantis has not upheld promises made to the union.

Stellantis, however, maintains that it is abiding by the terms of its contract with the union. The company’s decision to reverse the Ohio layoffs may be seen as a strategic move to ease tensions with the UAW, which has been increasingly critical of job cuts impacting its members.

Read More

Did you find this article helpful?


You Might Also Like

NASA restructures, cuts jobs

NEWS • 11th Mar 2025 • 3 Min Read

NASA restructures, cuts jobs

Talent Management#HRTech#Layoffs#HRCommunity
DHL announces 8,000 job cuts

NEWS • 7th Mar 2025 • 3 Min Read

DHL announces 8,000 job cuts

Talent Management#HRTech#Layoffs#HRCommunity
Disney, Wells Fargo & Renault Nissan cut thousands

NEWS • 6th Mar 2025 • 5 Min Read

Disney, Wells Fargo & Renault Nissan cut thousands

Talent Management#HRTech#Layoffs#HRCommunity
NEXT STORY: AI usage surges in Australia, reshaping workplace productivity

Trending Stories

  • design-thinking-hr

    New tech incoming: how do you get people to accept it?

  • design-thinking-hr

    Why people metrics matter more than ever

  • design-thinking-hr

    ChatGPT Walks It Back — AI Giants Race Ahead

  • design-thinking-hr

    Skype is dead: Did Microsoft's leadership let a billion-doll...

People Matters Logo

Follow us:

Join our mailing list:

By clicking “Subscribe” button above, you are accepting our Terms & Conditions and Privacy Policy.

Company:

  • About Us
  • Advertise with us
  • Become a sponsor
  • Privacy Policy
  • Terms of Use

Contact:

  • Contact Us
  • Feedback
  • Write For Us

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

Get the latest Articles, Insight, News & Trends from the world of Talent & Work. Subscribe now!
People Matters Logo

Welcome Back!

or

Enter your registered email address to login

Not a user yet? Lets get you signed up!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

People Matters Logo

Welcome! Let's get you signed up...

Starting with the absolulte basics.

Already a user? Go ahead and login!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

Let's get to know you better

We'll never share your details with anyone, pinky swear.

And lastly...

Your official designation and company name.