Finance

Stellantis extends Italy voluntary redundancy scheme

Published by Global Banking & Finance Review

Posted on June 11, 2025

2 min read

· Last updated: January 23, 2026

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Stellantis extends Italy voluntary redundancy scheme
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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

Stellantis extends Italy voluntary redundancy scheme

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)

Key Takeaways

  • Stellantis expands redundancy scheme in Italy.
  • Nearly 2,500 job reductions planned for 2023.
  • Agreement includes 250 exits in Cassino, 427 in Atessa.
  • New CEO Antonio Filosa appointed amid sales challenges.
  • Company's workforce reduced from 55,000 to under 40,000 since 2021.

Frequently Asked Questions

How many workers are affected by the redundancy scheme?
The redundancy scheme affects almost 700 workers at two plants in southern Italy.
What is the purpose of Stellantis' voluntary redundancy program?
The program aims to support early retirement or different career opportunities for employees.
Who is the new CEO of Stellantis?
Antonio Filosa was named the new CEO of Stellantis in May.
How many staff does Stellantis currently have in Italy?
Stellantis has fewer than 40,000 staff in Italy, down from 55,000 in early 2021.
What other plants have announced similar redundancy packages?
Similar packages have been announced at other assembly plants in Melfi, Pomigliano, and Mirafiori.

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