Layoffs and downsizing

Daily 5 report for Nov. 7: Thousands of jobs to be cut at Stellantis, Nissan and Audi. More to come?

Stellantis' Toledo Assembly Complex.
A 2024 Jeep Gladiator drives off the assembly line in Toledo, Ohio. Stellantis is cutting Gladiator production to a single shift. (STELLANTIS)
November 07, 2024 08:12 PM

In the last 24 hours, Stellantis, Nissan Motor Co. and Volkswagen’s Audi unit announced plans to slash a combined 14,600 jobs around the world in the coming months. That’s 1,100 at the Stellantis Jeep plant in Ohio, 9,000 jobs across the board at Nissan, and 4,500 cuts at Audi in Germany.

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