Nissan says it plans job and production cuts in US

Japanese automaker Nissan says it plans job and production cuts in the U.S.
Nissan 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. The move is part of Nissan Motor Corp.
Nissan cuts shifts, offers employee buyouts at 3 US plants in bid to shed jobs
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 in costs globally.
Nissan Plans Job, Output Cuts at US Vehicle Assembly Plants
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.
Nissan cuts production in Smyrna, offers buyouts
Nissan will operate a single shift on one production line at each of its two U.S. facilities, located in Smyrna and Canton, Mississippi, according to Bloomberg. It expects to go back to a two-shift schedule when it introduces new vehicle models in 2027 and 2028. The production cuts impact the Rogue in Smyrna and the Altima in Canton.
Canton Nissan plant could lose hundreds of jobs this spring. Local officials react
According to a USA Today story, underperforming sales in China and the U.S. plus falling profits in the first half of fiscal year 2024 led Nissan to announce a 20% production capacity reduction and 9,000 global job cuts in November. Up next: Is a major development announcement set for Hinds County this year? Get the details
Nissan Plans Cuts Without Resorting to Plant Closures
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.
Nissan says it plans ‘urgent’ job and production cuts in the US
Thursday's move is part of Nissan Motor Corp.'s plans, announced two months ago, to slash 9,000 jobs globally.

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