Finance
Stellantis has cut 10,000 Italy jobs in four years, union reports
Published by Global Banking & Finance Review®
Posted on September 29, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 29, 2025
2 min readLast updated: January 21, 2026
Stellantis cut 10,000 jobs in Italy over four years, with vehicle production halving. The company plans to boost output with the Fiat 500 hybrid.
MILAN (Reuters) -Stellantis has slashed nearly 10,000 jobs in Italy in the past four years, while vehicle production, including vans and small trucks, more than halved since 2004, the Fiom-Cgil union reported on Monday.
Stellantis includes Italian brands Fiat, Lancia and Alfa Romeo, which significantly shrank their operations in recent years while the company dealt with the broader challenges of electrification and competition from China.
The automaker's workforce in Italy fell to 27,632 at the end of 2024, from 37,288 at the end of 2020, and vehicle production dropped from around 1 million to less than 480,000 units over 2004-2024, the union said in a report called "Stellantis: the great escape".
In the context of weaker demand in general for new cars, Stellantis steadily lost market share both in Italy and Europe, dropping below 30% in Italy last year, from more than 35% two years before, the union said.
Stellantis was not immediately reachable for comment.
The automaker has pledged to revive production in Italy with the hybrid version of the Fiat 500 city car, which is set to hit the market later this year, rolling off the historic Mirafiori plant in Turin, Fiat's hometown.
(Reporting by Cristina Carlevaro and Giulio Piovaccari, editing by Alvise Armellini and Tomasz Janowski)
Stellantis has cut nearly 10,000 jobs in Italy over the past four years.
Vehicle production at Stellantis has more than halved since 2004, dropping from around 1 million to less than 480,000 units.
Stellantis has pledged to revive production in Italy with the hybrid version of the Fiat 500 city car, set to launch later this year.
Stellantis includes Italian brands such as Fiat, Lancia, and Alfa Romeo.
Stellantis's market share in Italy dropped below 30% last year, down from more than 35% two years prior.
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