Stellantis added to its rising tally of layoffs on Friday, saying 400 workers at a Detroit logistics facility would indefinitely lose their jobs as the carmaker reduces costs in its struggling North American business.

Stellantis NV plans to cut about 400 union workers at an east Detroit warehousing facility early next year.

DETROIT (Reuters) - Stellantis added to its increasing tally of layoffs Friday, saying 400 workers at an automotive parts facility would indefinitely lose their jobs as the carmaker works to reduce costs in its struggling North American business.

As many automakers see sales weakening amid intense competition, Stellantis (NYSE:STLA) and Nissan (OTCPK:NSANY) are planning to reduce their workforce to improve efficiency and profitability. About 1,

The move from two to one shifts does not come as a surprise, with the pickup's sales slowing this year and the automaker trying to slash inventories.