Stellantis is initiating a voluntary buyout program for non-union U.S. employees at the vice president level and below, aiming to cut costs amid declining profits. The company reported a 48% drop in net income for the first half of the year, prompting these measures as part of CEO Carlos Tavares' broader 'Dare Forward 2030' strategy. Eligible employees will receive individualized offers in mid-August, and the program has no minimum service requirement, differing from previous offerings. If the buyout does not attract enough participants, involuntary layoffs may follow. Stellantis has previously laid off workers and offered buyouts in response to inventory backlogs and weakened margins. The company emphasizes its commitment to long-term sustainability while addressing inflationary pressures and maintaining vehicle affordability.