Finance
Stellantis Extends Italy Voluntary Redundancy Scheme
Published by Global Banking & Finance Review®
Posted on June 11, 2025
2 min readLast updated: January 23, 2026
Add as preferred source on GoogleGlobal Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 11, 2025
2 min readLast updated: January 23, 2026
Add as preferred source on GoogleStellantis expands its redundancy scheme in Italy, affecting 2,500 jobs. The company has signed agreements for voluntary exits and appointed a new CEO to address sales challenges.
ROME (Reuters) -Stellantis has expanded its voluntary redundancy scheme for Italy, affecting almost 700 workers at two plants in the south of the country, and bringing to almost 2,500 the planned workforce reduction this year, the carmaker said late on Tuesday.
"The company, with the aim of supporting early retirement or different career opportunities, has signed an agreement today with trade unions for 250 voluntary exits in the Cassino plant and another 427 voluntary exits in Atessa," a statement said.
Since April, Stellantis has announced similar packages at other assembly plants in Italy, including Melfi and Pomigliano in the south and Mirafiori in northern Turin, the birthplace of its Fiat brand, affecting some 2,439 people in total.
It also offered this year permanent jobs to around 200 people at the Atessa and Mirafiori plants, most of whom were previously on temporary contracts or with advisory positions.
The company in May named Antonio Filosa as the new CEO as it seeks to recover from plunging sales and profit. It has fewer than 40,000 staff in Italy, down from 55,000 in early 2021. It was created from the merger of Fiat Chrysler and Peugeot maker PSA.
(Reporting by Alvise Armellini and Giulio Piovaccari in MilanEditing by Matthew Lewis)
The redundancy scheme affects almost 700 workers at two plants in southern Italy.
The program aims to support early retirement or different career opportunities for employees.
Antonio Filosa was named the new CEO of Stellantis in May.
Stellantis has fewer than 40,000 staff in Italy, down from 55,000 in early 2021.
Similar packages have been announced at other assembly plants in Melfi, Pomigliano, and Mirafiori.
Explore more articles in the Finance category
