
Workers at three plants in Brazil will keep their jobs following UAW strike resolution.
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Action is protest over the American automaker’s recent layoffs at Brazilian plants.
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Rivian Chief Executive RJ Scaringe announced in a memo to employees plans to trim another 6% of its workforce.
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Cost-saving moves also include reduced hours as it tries to keep up with debt payments.
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The move will affect 1,350 employees who will be indefinitely laid off at the Belvidere, Illinois, plant.
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Stellantis has suspended production at its Russian plant, which employs 2,700 people, over logistical difficulties and sanctions imposed on Moscow.
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