Nissan cuts 20000 jobs, shuts 7 plants
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Nissan announced on Tuesday that it will close seven factories worldwide and cut 20,000 jobs, though it is not known how its plant in Sunderland will be affected at this stage
Nissan is addressing the future of its Sunderland factory after confirming plans to slash 20,000 jobs worldwide and cease operations at nearly half of its production facilities. The Japanese carmaker on Tuesday said it would consolidate its vehicle production plants from 17 to 10 by fiscal year 2027.
Ivan Espinosa is mapping a daring route. Nissan Motor’s new CEO, who replaced Makoto Uchida last month, is doubling his predecessor’s planned job cuts and plant closures. Hitting his sales target will be tough in the face of tariffs,
Nissan has announced job cuts, plant closures, and cost-saving measures as it faces challenges in the US market.
The car maker has announced it will shut seven factories and cut 20,000 jobs globally in a bid to slash costs.
Nissan Plan' announced Tuesday sets a number of stringent cost-saving measures to pull the car maker out of the red. What does it mean for the 6k workforce in Sunderland?