Stellantis offers share plan to 87,000 workers in France, Italy

About 87,000 Stellantis employees in Italy and France will be offered preferential conditions to become shareholders in an attempt by the automaker to help them with cost of living pressures and incentivise performance, unions said.
The move by the owner of Fiat, Peugeot, Chrysler and Jeep comes as companies face pressure to help staff weather a squeeze on their finances from rising interest rates and inflation.
Workers in the U.S. car manufacturing heartland of Detroit have staged a month-long strike at the Detroit Three automakers, which include Stellantis.
Stellantis was not immediately available for comment on the scheme, under which 42,000 employees in France and 45,000 in Italy will get a 20% discount for the purchase of shares, for an amount worth up to 25% of their current annual salary.