Nissan Motor is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker’s urgent efforts to return to profitability
Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 billion in costs globally.
SMYRNA, Tenn. (WZTV) — Nissan has confirmed that its plants in Smyrna, Canton, and Decherd will experience job cuts. The company stated it would initially seek volunteers for the layoffs, offering severance packages to those who opt-in.
Nissan is cutting shifts at its Smyrna plant and offering buyouts to some employees. This is part of the Japanese company's plan to cut 9,000 workers.
Nissan Motor (OTCPK:NSANY) announced production and shift cuts in the U.S. as part of its strategy to push back costs amid sluggish sales. The Yokohama-based automaker is offering buyouts to workers.
The industry that helped turn Japan into an economic juggernaut is undergoing its biggest change in years, with two of the country’s best-known carmakers looking to join forces.
Japanese automaker Nissan is slimming down its production in the U.S. and offering buyouts to workers in a push to cut jobs after reporting losses during the last quarter. Nissan is offering
Nissan Motor Co. is eliminating a work shift at two US vehicle assembly plants and trimming its hourly staff via buyouts, a downsizing to align its output with lower sales volumes as it mulls a possible sale to Honda Motor Co.
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As Nissan CEO Makoto Uchida said during a November investor’s meeting, the company needs to get back on “the growth track," and for the troubled automaker, that means cuts. But decreasing global production capacity 20% and slashing at least 9,000 jobs ...
Nissan plans to repair its flailing business without closing factories, according to people familiar with the matter, as it looks to streamline its finances before a capital tie-up with Honda.