I fear the day when the reality will catch up and the big three will raise their hands saying, we effed up (again) and we cant do it anymore. 6,400 U.S. salaried employees voluntary buyouts as it works to cut costs amid the transition to electric vehicles and agreeing to a new United Auto Workers contract. The buyouts would be about half the company's salaried U.S. employees not represented by a union, which is currently 12,700. Another 2,500 Stellantis U.S. salaried workers are unionized and are not being offered the current buyout.
Yup - the fat union contracts are going to have consequences to the others. No surprise here
I know IT will move to India. What about others? Are they planning to get work done by these 6400 employees from Europe psa offices?
Majority of the work has already moved overseas. The last few things being worked on are heavily outsourced thru suppliers. The talent is leaving to west coast.
UAW won. College grads lost. When are the new factories opening in mexico 😂
I believe the have a battery plant to be built in Toluca for the new EV programs
Learn from the GM folks at the innovating centers that got closed. Take the buyout before you get laid off with little severance. Winter is coming
Brace yourselves