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Stellantis Hires €50,000 Engineers in Brazil, India to Cut Costs

Stellantis Hires €50,000 Engineers in Brazil, India to Cut Costs
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

France General , Opel Corsas ,

Stellantis Adapts to EV Challenge, Follows Tesla's Lead by Cutting Costs Through Global Job Shifts - Stellantis (NYSE:STLA)

Stellantis NV (NYSE: STLA) shifting engineering recruitment to lower-cost countries due to cheaper Chinese EVs and CEO criticism, stock up 38% in last 12 months. ....

France General , United States , Tesla Inc , Carlos Tavares , Opel Corsas , First Trust Buywrite Income , Challenging Year Amid Rising Prices ,

Stellantis Adapts to EV Challenge, Follows Tesla's Lead by Cutting Costs Through Global Job Shifts

Stellantis NV (NYSE:STLA) is shifting its engineering recruitment toward lower-cost countries such as Morocco, India, and Brazil, responding to the challenges posed by cheaper Chinese electric vehicles and diminished demand. The company, known for producing Jeep SUVs, Opel Corsas, and Chrysler minivans, now targets hiring where the annual cost per engineer is roughly 50,000 euros (roughly $53,400) or less, a fraction of the cost in places like Paris and Detroit. The company’s CEO, Carlos Tavares ....

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Stellantis hires €50,000 engineers in India, Brazil to save

Stellantis hires €50,000 engineers in India, Brazil to save
newsindiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsindiatimes.com Daily Mail and Mail on Sunday newspapers.

South Korea , United States , France General , Sterling Heights , Minas Gerais , Auburn Hills , Natalie Knight , Emanuele Cappellano , Carlos Tavares , Opel Corsas , Mike Spencer , Tesla Inc , India Tata Consulting Services , Chief Executive Officer Carlos Tavares , Chief Financial Officer Natalie Knight , Tata Consulting Services , United Auto Workers Local ,

Stellantis hires engineers in Brazil and India to save

Stellantis NV has moved to recruiting a majority of its engineering workforce in countries like Morocco, India and Brazil, as carmakers contend with lower-cost competition and slowing demand. ....

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