By Nora Eckert and Kalea Hall

DETROIT (Reuters) - Jeep-maker Stellantis (NYSE: STLA ) is offering a new round of buyouts for some of its factory workers as the automaker looks to cut costs following a difficult 2024.

The automaker on Friday confirmed that it is offering voluntary buyouts to some workers at facilities in Detroit, Ohio and Illinois.

"Stellantis continues to review its operations to improve efficiency and protect its competitiveness in a very dynamic market," the company said in a statement.

The United Auto Workers union, which represents most Stellantis factory workers, didn’t immediately respond to a request for comment.