3.7 C
Tuesday, February 20, 2024

Fiat Chrysler to cut nearly 1,400 jobs at Illinois plant

Must read

(Reuters) – Fiat Chrysler Automobiles NV said on Tuesday it will cut nearly 1,400 jobs at an Illinois assembly plant where it builds the Jeep Cherokee sport utility vehicle.

The Italian-American automaker will cut one of three shifts at the Belvidere Assembly plant starting May 6, impacting 1,371 jobs, in order to “better align production with global demand,” a spokeswoman said.

Earlier on Tuesday, Fiat Chrysler announced it was investing $4.5 billion in five plants and creating 6,500 jobs in Michigan, including building a new assembly plant in Detroit.

- Advertisement -spot_img

More articles

- Advertisement -spot_img

Latest article