71. Stellantis

How Many Stores Closing: 539 Planned Layoffs 

Current Value of the Business: $72.21 billion*

Stellantis, an automotive giant, is trimming its workforce by laying off 539 part-time U.S. employees. This step is part of the Dare Forward 2030 strategy, targeting enhanced efficiency, productivity, and competitive edge in the global market.

Following up on recent layoffs in Italy affecting about 2,250 workers, Stellantis is adjusting its workforce. These layoffs, impacting Fiat 500 and Maserati production lines, signify Stellantis’s strategic realignment to meet future objectives amid ongoing challenges.