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Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
STLAStellantis(STLA) CNBC·2024-11-06 20:23

A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio.DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.The company, which has been battling high inventory levels and lower earnings this year, said the decision at its Toledo South Assembly Plant to cut production to one shift will better align production with demand of the Jeep Gladiator pickup — ...