About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early next year as the company takes further steps to cut high inventory at dealerships. Stellantis said Thursday that the Toledo South plant,

The move from two to one shifts does not come as a surprise, with the pickup's sales slowing this year and the automaker trying to slash inventories.

Stellantis NV, the owner of the Jeep and Ram brands, said it would lay off about 1,100 workers at its Jeep plant in Toledo, Ohio, the latest in a series job cuts as the automaker contends with bloated inventory and declining sales.