Stellantis offers early retirement program to eligible workers in the US

Stellantis is offering a voluntary retirement program to pension-eligible workers in the United States, the automaker said on Monday.

They said early retirement is available to workers who are at least 55 years old and have been with the company for at least 30 years or who are at least 58 years old with 10 years of employment.

The employees being offered the buyouts are also eligible for retirement.

Unionized-salaried workers are not eligible for buyouts.

The automaker cited the buyouts as a way to help in its pivot to focus more on electric vehicles.