Nissan says about 1,000 US staff accept early retirement
© Reuters. FILE PHOTO: Line workers spot weld parts of the frame on the flex line at Nissan Motor Co's automobile manufacturing plant in Smyrna, Tennessee, U.S., August 23, 2018. Picture taken August 23, 2018. REUTERS/William DeShazer/File Photo
About 6% of Nissan (OTC:NSANY) Motor staff in the United States have accepted early retirement packages, a company spokesperson said on Thursday, as part of the struggling Japanese carmaker's plan to cut 9,000 jobs worldwide, News.az reports citing Investing.
Nissan had about 17,000 employees in the U.S. as of March, according to a security filing. Roughly 1,000 U.S. employees are set to leave Nissan by the end of this year as a result of the early retirements.
Nissan this month announced the global job cuts and a 20% reduction in manufacturing capacity after it slashed its annual profit outlook by 70% due to a sales slump in China and North America.
Nissan had about 17,000 employees in the U.S. as of March, according to a security filing. Roughly 1,000 U.S. employees are set to leave Nissan by the end of this year as a result of the early retirements.
Nissan this month announced the global job cuts and a 20% reduction in manufacturing capacity after it slashed its annual profit outlook by 70% due to a sales slump in China and North America.
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