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Stellantis reverses layoff decision at Ohio plant following CEO exit

  • Stellantis has announced it will not proceed with plans to lay off about 1,100 employees at its Ohio Jeep plant.
  • The decision comes after the resignation of CEO Carlos Tavares and follows disagreements with board members.
  • Instead of layoffs, Stellantis will extend the Worker Adjustment and Retraining Notification (WARN) notice.
  • Stellantis has been focusing on cost-cutting and efficiency amid slipping sales in North America.

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