Stellantis anticipates the actual number of job cuts to be "much lower" than the Michigan figure and "slightly lower" than the Ohio number, the report says, citing Stellantis spokeswoman Jodi Tinson. "Due to the complexity of our bargaining agreement related to the placement of affected employees, Warn notices were issued to more employees than will ultimately be impacted out of an abundance of caution to give employees notice even if not legally required," Tinson said. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.