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Stellantis is shifting its engineering workforce to countries like Morocco, India, and Brazil to tackle lower-cost competition and slowing demand. By hiring engineers where the annual cost per employee is around €50,000 ($53,000), significantly less than in Paris or Detroit, the company is benefiting substantially from: Cost Savings - Lower labor expenses improve profitability Increased Competitiveness - Reduced production costs allow for more competitively priced vehicles Resource Optimization - Leveraging global talent enhances innovation and productivity Scalability - Easier workforce expansion in response to market needs Sustainability in EV Transition - Supports the development of more affordable electric vehicles By strategically shifting its workforce, Stellantis is positioning itself to thrive in a competitive market. This move highlights the importance of adaptability and global talent utilization in the ever-evolving automotive industry. #AutomotiveCostEfficiency #ElectricVehicles #Sustainability

  • A Engineering Plant Factory
Farid IKEN

Research Analyst @ CLM Search

4mo

Amazing strides!

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