Jeep maker Stellantis said it is cutting 1,100 jobs at a U.S. factory as it seeks to reduce high inventory levels that have weighed on its performance.

Stellantis, which owns brands like Chrysler, Dodge, Fiat, Jeep and Ram, says the job cuts are effective Jan. 5, 2025.

Stellantis is facing weaker sales and a major inventory backlog in North America; it's recently reshuffled its senior management to try and address those problems.

Stellantis is laying off approximately 1,100 workers at its Jeep plant in Ohio, as the company grapples with surging inventory levels.

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About 1,100 workers will be laid off indefinitely in January from the Jeep Gladiator plant in Toledo, Ohio, Stellantis officials announced Wednesday.

which builds gas-powered and hybrid versions of the Jeep Wrangler. Tinson said about 4,400 workers are employed at the complex, but the company is not providing a breakout of the number at the South ...

Stellantis NV, the owner of the Jeep and Ram brands, said it would lay off about 1,100 workers at its Jeep plant in Toledo, ...

Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.