Nissan Motor is planning to cut production and offer buyouts to workers at its US plants as it tries to rebuild its business.
The Japanese automaker came up with a plan in November to slash global production capacity by 20 percent and cut 9,000 jobs.
The automaker is struggling in the US market. It says it will shrink capacity at three factories that make vehicles and engines.
It also plans to review the workforce size at those plants. The company says it has yet to determine the number of US workers subject to voluntary buyout offers.
Hundreds of its office staff have taken voluntary retirement packages.
Similar moves have been underway in Thailand. Nissan has been consolidating production and proceeding with job cuts and transfers of thousands of factory workers.
Production and workforce reviews are underway at its factories in Japan as well.
Nissan and rival Honda Motor concluded a basic agreement toward business integration last month. Negotiations have since been taking place.
A precondition for a final agreement is for Nissan to rebuild its business.
Now the issue is whether it will push ahead with concrete measures.
The Japanese automaker came up with a plan in November to slash global production capacity by 20 percent and cut 9,000 jobs.
The automaker is struggling in the US market. It says it will shrink capacity at three factories that make vehicles and engines.
It also plans to review the workforce size at those plants. The company says it has yet to determine the number of US workers subject to voluntary buyout offers.
Hundreds of its office staff have taken voluntary retirement packages.
Similar moves have been underway in Thailand. Nissan has been consolidating production and proceeding with job cuts and transfers of thousands of factory workers.
Production and workforce reviews are underway at its factories in Japan as well.
Nissan and rival Honda Motor concluded a basic agreement toward business integration last month. Negotiations have since been taking place.
A precondition for a final agreement is for Nissan to rebuild its business.
Now the issue is whether it will push ahead with concrete measures.
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Summary
Nissan Motor plans production cuts and offers voluntary buyouts to US workers amidst restructuring efforts, aiming to reduce global capacity by 20% and eliminate 9,000 jobs. The company struggles in the US market and intends to downsize operations at three factories producing vehicles and engines,
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ID: 9f9e19df-52f4-44fb-81f3-408cafaef82e
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250131_B03/
Created: 2025/02/02 07:00
Updated: 2025/12/08 06:37
Last Read: 2025/02/02 09:10