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Stellantis to cut 600 jobs in eastern France -spokesperson -January 24, 2024 at 06:22 pm | MarketScreener

Auto & Truck Manufacturers. Stellantis will cut 600 jobs in Eastern France - Spokesperson. Stocks mentioned in this article. Stellantis N.V. latest news Chart Stellantis N.V. Income Statement Evolution. Analysts' consensus for Stellantis N.V. Quarterly earnings rate of surprise.

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PARIS, January 24 (Reuters) – Stellantis to cutA company has announced the creation of 600 jobs in its Mulhouse factory, located in eastern France.On Wednesday, a spokesperson added that the move will concernWorkers on temporary contracts are different from those who work with permanent contractsThe labour force is not affected.

Reuters reported that a CFE-CGC union official told them the companyCiting the current geopolitical environment and its priceRace against other electric car manufacturers as a reason forThe cuts.

Stellantis' spokesperson stated that the decision is not linkedThe Red Sea tensions can be seen by saying, "we can clearly see the tensions.""The European market is hesitant.".

Reporting by Gilles Guillaume and writing by Tassilo HumbleEditing by Chris Reese.

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