financetom
Business
financetom
/
Business
/
Stellantis Lays Off 350 Workers in Italy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Stellantis Lays Off 350 Workers in Italy
Apr 2, 2025 5:55 AM

08:28 AM EDT, 04/02/2025 (MT Newswires) -- Stellantis ( STLA ) has cut 350 employees from its plants in Pratola Serra and Pomigliano in the Campania region of southern Italy as part of a series of voluntary exits, an Italian trade union representing the workers said on Wednesday.

The union, Fiom-Cgil, described the layoffs as part of Stellantis' ( STLA ) "disengagement from Italy" and a "strategy of emptying the plants," according to a Google Translation of the union's statement.

Stellantis ( STLA ) did not immediately reply to MT Newswires' request for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Stran Buys Gander Assets
Stran Buys Gander Assets
Aug 29, 2024
09:54 AM EDT, 08/26/2024 (MT Newswires) -- Stran ( SWAG ) said Monday that it had acquired the assets and assumed some liabilities of Bangarang Enterprises, doing business as Gander, through a secured party sale launched by the holder of Gander's senior financing facility. Financial details of the deal were not provided. Stran ( SWAG ) said Gander generated over...
Terreno Realty Extends 3 California Leases to 2030
Terreno Realty Extends 3 California Leases to 2030
Aug 29, 2024
09:49 AM EDT, 08/26/2024 (MT Newswires) -- Terreno Realty ( TRNO ) said Monday it has renewed the leases for three properties in Sunnyvale, California. The company said the new leases, covering 172,000 square feet leased to a molecular diagnostics company, extend the expiration dates to March 2030 from March 2025. Price: 70.86, Change: -0.16, Percent Change: -0.23 ...
CrowdStrike's Shares to Be 'Range-Bound' Until Clarity on Growth Trends, Oppenheimer Says
CrowdStrike's Shares to Be 'Range-Bound' Until Clarity on Growth Trends, Oppenheimer Says
Aug 29, 2024
11:15 AM EDT, 08/29/2024 (MT Newswires) -- CrowdStrike Holdings ( CRWD ) shares are expected to be range-bound until investors gained clarity around the firm's fiscal 2026 growth trends but its long-term growth opportunity remains intact, Oppenheimer said in a Wednesday note. The firm still has uncertainty in the near future but its fiscal Q2 results should reduce investors' concerns...
Update: Market Chatter: Shell Intends to Cut Oil Exploration Staff by 20%
Update: Market Chatter: Shell Intends to Cut Oil Exploration Staff by 20%
Aug 29, 2024
11:15 AM EDT, 08/29/2024 (MT Newswires) -- (Updates with Shell's response in the third paragraph.) Shell (SHEL) is planning to cut down its oil and gas exploration and development team by 20% as part of Chief Executive Wael Sawan's cost-saving efforts, Reuters reported Thursday, citing company sources. Hundreds of job cuts will occur in the exploration and wells development and...
Copyright 2023-2025 - www.financetom.com All Rights Reserved