Stellantis to Lay Off 1,100 Workers at Ohio Jeep Plant

The automaker is reducing shifts to address high inventory levels and align production with demand.

Stellantis plans to cut a shift at the Toledo South Assembly Plant, which produces the Jeep Gladiator, resulting in 1,100 indefinite layoffs starting January 5, 2025.
The layoffs are part of a broader strategy to realign U.S. operations and improve efficiency amid declining sales and excess inventory.
Affected workers will receive one year of supplemental unemployment benefits, amounting to 74% of their regular pay, along with health insurance coverage for two years.
Stellantis faces challenges with a 27% drop in third-quarter revenues and a 20% decrease in global sales, prompting cost-cutting measures across its operations.
The company aims to reduce its North American inventory by 100,000 units by the end of November to ensure a strong start to 2025.