Finance

Stellantis offers voluntary redundancy scheme at Turin plant

Published by Global Banking & Finance Review

Posted on June 9, 2025

2 min read

· Last updated: January 23, 2026

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Stellantis offers voluntary redundancy scheme at Turin plant
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Stellantis Launches Voluntary Redundancy Program for Turin Workers

(Refiles to fix typo in plant's name)

MILAN (Reuters) -Stellantis has started a voluntary redundancy plan for 610 workers at its Mirafiori plant in Turin, Italy, after introducing the scheme at other Italian facilities, the automaker said on Monday.

Stellantis is so far cutting up to 1,600 staff in total across Italy this year through the voluntary redundancy scheme. At Mirafiori, the scheme "is aimed at supporting early retirement or different career opportunities," a company spokesperson said, adding workers at Mirafiori can sign up for it until the end of July.

The Mirafiori plant will have a stable workforce from August to prepare for the launch of the new hybrid version of the Fiat 500 city car, the spokesperson said. Full-scale production of the new model is expected to start in November.

Luigi Paone of Uilm, one of the unions which agreed the voluntary redundancy plan with Stellantis, said it would be aimed at workers closer to retirement age.

The plan "should serve to pave the way for the hiring of young workers as we approach the production start-up of the hybrid 500," Paone said.

Between April and May Stellantis agreed similar packages at other assembly plants in Italy, including Melfi and Pomigliano, for a total workforce reduction of up to 1,660 workers this year.

The company has fewer than 40,000 staff in Italy, down from 55,000 in early 2021 when the group was created through the merger of Fiat Chrysler and Peugeot maker PSA.

(Reporting by Giulio Piovaccari; Editing by Susan Fenton)

Key Takeaways

  • Stellantis launches redundancy scheme for 610 workers in Turin.
  • The scheme supports early retirement and career changes.
  • Full-scale production of the Fiat 500 hybrid starts in November.
  • The plan aims to hire young workers for the new model's production.
  • Stellantis has reduced its Italian workforce significantly since 2021.

Frequently Asked Questions

What is the purpose of Stellantis' voluntary redundancy scheme?
The scheme aims to support early retirement or different career paths for workers, particularly those closer to retirement age.
How many workers are affected by the redundancy plan at the Mirafiori plant?
Stellantis has initiated a voluntary redundancy plan for 610 workers at its Mirafiori plant in Turin.
What is the total number of staff cuts Stellantis plans across Italy this year?
Stellantis is cutting up to 1,600 staff in total across Italy this year through the voluntary redundancy scheme.
What will happen to the workforce at the Mirafiori plant in August?
The Mirafiori plant will have a stable workforce from August to prepare for the launch of the new hybrid version of the Fiat 500 city car.
Which unions agreed to the voluntary redundancy plan?
The plan was agreed upon by unions, including Uilm, which represents workers at Stellantis.

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