• bitcoinBitcoin(BTC)$77,612.000.72%
  • ethereumEthereum(ETH)$2,295.271.87%
  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$697.03-0.17%
  • rippleXRP(XRP)$1.283.37%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$93.531.50%
  • tronTRON(TRX)$0.3232241.92%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.93%
  • zcashZcash(ZEC)$1,222.793.70%
  • HyperliquidHyperliquid(HYPE)$86.523.08%
  • moneroMonero(XMR)$627.064.65%
  • dogecoinDogecoin(DOGE)$0.0752091.66%
  • USDSUSDS(USDS)$1.000.03%
  • whitebitWhiteBIT Coin(WBT)$74.700.91%
  • chainlinkChainlink(LINK)$11.140.07%
  • leo-tokenLEO Token(LEO)$9.27-1.33%
  • cardanoCardano(ADA)$0.1897701.00%
  • stellarStellar(XLM)$0.163809-1.00%
  • bitcoin-cashBitcoin Cash(BCH)$276.811.01%
  • nearNEAR Protocol(NEAR)$3.85-1.60%
  • daiDai(DAI)$1.000.02%
  • Ethena USDeEthena USDe(USDE)$1.000.08%
  • uniswapUniswap(UNI)$7.302.37%
  • RainRain(RAIN)$0.0061799.62%
  • litecoinLitecoin(LTC)$54.280.53%
  • CantonCanton(CC)$0.0953961.37%
  • USD1USD1(USD1)$1.000.17%
  • avalanche-2Avalanche(AVAX)$8.511.86%
  • suiSui(SUI)$0.902.97%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.17-1.12%
  • tether-goldTether Gold(XAUT)$3,924.28-0.53%
  • hedera-hashgraphHedera(HBAR)$0.0696240.05%
  • Global DollarGlobal Dollar(USDG)$1.000.01%
  • quant-networkQuant(QNT)$194.04-2.24%
  • shiba-inuShiba Inu(SHIB)$0.0000051.29%
  • paypal-usdPayPal USD(PYUSD)$1.000.02%
  • BittensorBittensor(TAO)$227.111.29%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • crypto-com-chainCronos(CRO)$0.0505120.62%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.18%
  • EthenaEthena(ENA)$0.1705310.26%
  • okbOKB(OKB)$108.13-2.10%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • pepePepe(PEPE)$0.0000054.90%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • MemeCoreMemeCore(M)$0.860.93%
  • aaveAave(AAVE)$127.22-0.41%
  • Pump.funPump.fun(PUMP)$0.0042657.32%
  • OndoOndo(ONDO)$0.3902621.11%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Stellantis to cut nearly 2.5K union workers as Ram Classic truck production ends

August 9, 2024
in Business
Reading Time: 6 mins read
A A
Stellantis to cut nearly 2.5K union workers as Ram Classic truck production ends
ShareShareShareShareShare

Chrysler parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit as the automaker ends production of the Ram 1500 Classic truck.

The layoffs will be effective as early as Oct. 8, the company said, as the plant moves from a two-shift to a one-shift operating pattern in general assembly. Production of the Jeep Wagoneer at the same facility will remain on two shifts, the company said.

YOU MAY ALSO LIKE

Binance says North Korean hackers conducted fake job interviews to hack engineer’s laptop

Disney eyes thousands of layoffs, asks managers to target 20% savings

As production of the Ram 1500 Classic winds down later this year, the company is shifting focus to the Ram 1500 Tradesman truck, produced at its Sterling Heights Assembly facility.


The job cuts would be at the Stellantis Warren Truck Plant, which builds an older version of the Ram 1500 pickup called the Tradesman, sold mainly to commercial businesses. Getty Images

“We introduced the new 2025 Ram 1500 Tradesman with incredible value and content. The upgraded electrical architecture allows new technologies useful to commercial fleets for better tracking and improved safety systems,” a company spokeswoman said.

There are about 3,700 workers at the plant represented by the United Auto Workers union. Union members who are laid off will receive 52 weeks of supplemental unemployment benefits paid by the company, and 52 weeks of transition assistance, Stellantis confirmed. They will also receive two years of healthcare coverage.


The 2025 Ram 1500
Production of the Ram 1500 Classic is winding down later this year. AP

The UAW forged new labor deals with Stellantis last fall, after a historic six-week walkout.

Stellantis last week said it was offering a new round of voluntary buyouts to its US salaried workers, the latest in a series of cost-cutting measures CEO Carlos Tavares is implementing at the company’s American operations.

At the company’s Investor Day in June, Tavares cited weaknesses in at least two of its US plants, but declined to name them.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Binance says North Korean hackers conducted fake job interviews to hack engineer’s laptop
Business

Binance says North Korean hackers conducted fake job interviews to hack engineer’s laptop

November 3, 2026
Disney eyes thousands of layoffs, asks managers to target 20% savings
Business

Disney eyes thousands of layoffs, asks managers to target 20% savings

November 3, 2026
Macleods Pharma USA recalls thousands of blood pressure medication after pills fail quality test
Business

Macleods Pharma USA recalls thousands of blood pressure medication after pills fail quality test

November 3, 2026
FIFA boss Infantino enlisted Trump adviser to secure work permit for undocumented maid: sources
Business

FIFA boss Infantino enlisted Trump adviser to secure work permit for undocumented maid: sources

November 3, 2026
Next Post
West Fraser Timber: OSB Grows Despite Tough End Markets (NYSE:WFG)

West Fraser Timber: OSB Grows Despite Tough End Markets (NYSE:WFG)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Iranian women take part in military training in Tehran

Iranian women take part in military training in Tehran

November 1, 2026
Where did all the baby stores go? New NYC showroom lets parents-to-be try before they buy

Where did all the baby stores go? New NYC showroom lets parents-to-be try before they buy

November 2, 2026
Meta Settles Another Social Media Addiction Case Just Before Trial

Meta Settles Another Social Media Addiction Case Just Before Trial

October 30, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!