A Major US Automaker Is Rumored To Be Doing a 50% Layoff
Briefly

Stellantis may lay off up to 50% of its North American workforce, outsourcing jobs to places like India and Mexico, which raises concerns for American labor.
Jeep faces intensifying competition from brands such as Hyundai and Kia, putting further pressure on Stellantis' market share and brand loyalty.
The challenges Stellantis faces could indicate broader issues for other U.S. automakers such as GM and Ford, highlighting a potential industry-wide struggle.
Despite owning strong brands like Ram, Stellantis is struggling with its identity and market position as it pivots from a diverse portfolio to a more limited offering.
Read at 24/7 Wall St.
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