Stellantis offers retirement incentive to workers at Windsor, Brampton plants in Ontario

Chrysler maker Stellantis NV is offering employees at its Ontario assembly plants a  retirement incentive to minimize the impact of workforce reductions as it seeks “efficiencies” in its manufacturing operations.

Stellantis didn’t specify how many workers will be affected. The offer is available to eligible workers at Windsor Assembly Plant, home of the Chrysler minivans, and Brampton Assembly Plant, which builds the Dodge muscle cars and Chrysler 300 sedan. Eligible employees on Monday will receive package details, which the company declined to divulge.

“As we transition to a sustainable, mobility tech company, we continue to review our operations for efficiencies,” the company said in a statement. “In order to minimize the impact on our workforce, a retirement incentive program will be offered to eligible employees at the Windsor and Brampton Assembly Plants.”

The plans come as Stellantis has begun layoffs at other North American plants. CEO Carlos Tavares has said the company is seeking ways to absorb the 40% to 50% increase in costs of electric vehicles while pursuing a double-digit profit margin.

Workers will have two weeks to respond to the retirement offer. The workforce reduction will take effect over the next several months.

“The Company,” the statement reads, “will make every effort to place laid off hourly employees in open full-time positions as they become available based on seniority.”