The Stellantis workforce reductions come after crosstown rivals Ford and General Motors cut thousands of white-collar jobs, also due to the transition to electric vehicles. In the summer of 2022, Ford let go of about 4,000 full-time and contract workers in an effort to cut expenses. CEO Jim Farley has said much of Ford's workforce did not have the right skills as it makes the transition from internal combustion to battery-powered vehicles. About 5,000 salaried GM workers, many in engineering, took early retirement and buyout offers last spring.