Stellantis announced that it will lay off 1000+ autoworkers in Michigan. It has also slow walked the reopening of a plant in Belvidere, IL. Meanwhile, Stellantis spent $15B on stock buybacks and dividends since 2023 while giving its CEO a 60% raise. Textbook corporate greed.

Never heard the parent company's name before today

Just watch em blame the UAW. This is exactly what you get when venture capitalists buy real American institutions

Or is it organized crime/the mob? They infiltrate, milk, gut, & bankrupt. Then cancel the shareholders/suckers & debt holders/suckers. Reemerge with government help, & rinse & repeat. 🤷‍♂️

a man in a hawaiian shirt is smoking a cigarette and looking at the camera .

ALT: a man in a hawaiian shirt is smoking a cigarette and looking at the camera .