Sterile Corporate Monolith Stellantis, one of the world’s largest automakers, is projecting a €2.3 billion loss in the first half of the year—this, after reporting a €5.6 billion profit just a year ago. What happened? A combination of restructuring costs and tariffs imposed by the U.S. government, particularly under President Trump’s trade policies, has squeezed the company’s bottom line.
But let’s be clear: this isn’t just about tariffs or management reshuffling. The Sterile Monolith, like many multinational corporations, has relied heavily on importing vehicles—over 40% of its U.S. sales—from lower-cost production centers like Mexico and Canada. That’s a strategy born of maximising profit by exploiting global wage differentials and avoiding stronger labour protections.
Now, as tariffs disrupt those supply chains and costs rise, Sterile Corporate Monolith Stellantis isn’t absorbing the pain. No—it’s cutting production, slashing shipments, and, most tellingly, “calibrating employment.” That’s code for layoffs or wage suppression. In other words, workers will bear the cost of the system’s failures.
And what do the Sterile Monolith do in response? Fire the CEO, replace him with another manager, and carry on. The underlying structure—with all its fault lines—remains untouched. This is yet another case of a corporate crisis being offloaded onto workers, while executives and shareholders continue to call the shots.
