Stellantis Lays Off 400 U.S. Workers Amid Transition to EVs

• Stellantis, parent of Dodge, Jeep, etc., laying off hundreds more US workers as it transitions to EVs • Around 400 white collar employees in software, engineering, tech let go in latest round • Layoffs part of Stellantis' "Dare Forward 2030" strategy to launch 8 new EVs • Company has had multiple layoff rounds in past year, offered buyouts to over half of 12,700 US salaried staff • Actions meant to align resources and cut costs amid focus on EVs and increased UAW contract costs