Adient Layoffs 2024: What to Know About the Latest Adient Job Cuts
ADNTAdient(ADNT) InvestorPlace·2024-04-22 22:23

Adient (NYSE:ADNT) layoffs are a hot topic on Monday after the seating systems company announced plans to cut jobs overseas. The exact number of jobs being cut is still unknown but the company is looking to move some positions out of Europe. It instead wants to shift these jobs to countries with lower labor costs to reduce its expenses. Adient also hasn’t said what countries it will be moving these jobs to. What we do know is this decision comes after it posted Q1 results with lackluster sales. This has the ...