Stellantis laying off 900 workers at 5 US facilities following Trump tariff announcement

Stellantis laying off 900 workers at five U.S. facilities

• following Trump tariff announcement
• the firm is also pausing production at one assembly plant each in Mexico and Canada
• In a letter sent to employees … the firm said its “continuing to assess the medium- and long-term effects of these tariffs on our operations, but also have decided to take some immediate actions.”

Stellantis makes vehicles including Ram trucks and Jeeps.

This news from Thursday US time ICYMI.

This article was written by Eamonn Sheridan at www.forexlive.com.