Stellantis reverses Ohio layoffs weeks after CEO's abrupt departure

The company has decided not to put any employees on indefinite layoff from Jan. 5 due to a previously announced shift reduction and will instead extend a worker adjustment and retraining notification notice, a company spokesperson said in an emailed statement. Employees are expected to return to work as scheduled after the new year, the spokesperson said. Tavares' exit was triggered by targets deemed unrealistic or destructive by some board members, sources told Reuters after his sudden fall from the helm of the world's fourth-biggest automaker, whose brands include Jeep, Ram, Fiat and Peugeot.