Stellantis has initiated a voluntary redundancy scheme at its Mirafiori plant in Turin, targeting 610 workers as part of a broader workforce adjustment strategy across its Italian operations.

The scheme, which has been introduced at other facilities in Italy, is designed to facilitate early retirement and alternative career opportunities for employees, reported Reuters.

According to a company spokesperson, the Mirafiori plant will maintain a stable workforce from August to gear up for the production of the new hybrid Fiat 500.

The production of the new hybrid model is slated to commence in full swing by November.

The voluntary redundancy plan is part of Stellantis’ efforts to reduce its workforce by up to 1,600 staff across Italy this year.

Workers at Mirafiori can enrol in the programme until the end of July.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Luigi Paone from Uilm, one of the unions that consented to the voluntary redundancy plan with Stellantis, stated that the scheme would primarily target workers nearing retirement.

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 added.

In the last two months, Stellantis reached agreements for similar redundancy packages at other assembly plants in Italy, including Melfi and Pomigliano, leading to a total workforce reduction of up to 1,660 workers.

The company’s staff count in Italy has decreased from 55,000 in early 2021, when Stellantis was formed from the merger of Fiat Chrysler and PSA, to fewer than 40,000.

Reports suggest that Stellantis is also planning to implement up to 200 voluntary redundancies at its Termoli plant in central Italy.

This decision aligns with the company’s wider objective to rejuvenate its workforce in the country, as agreed upon with trade unions.

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now