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Nissan will dismiss more people than he had previously planned. Threatened jobs around the world

2025-05-12 13:30

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2025-05-12 13:30

The Nissan automotive concern, struggling with deteriorating financial results, plans an additional employment reduction by over 10,000. people around the world – the Japanese sender of the NHK said on Monday, citing sources familiar with the case. The company did not confirm the reports.

Nissan will dismiss more people than he had previously planned. Threatened jobs around the world
Nissan will dismiss more people than he had previously planned. Threatened jobs around the world
photo: Kimung-Hoon / / Reuters

Along with cuts announced in November 2024, the exemptions will affect a total of about 20 thousand. people around the world, which is nearly 15 percent. Nissan employees.

These decisions are the result of a deep restructuring of the group that is struggling with financial problems. On Tuesday, the company is to publish the results for the 2024-2025 commercial year, completed in March, and – according to the media – a record annual loss is expected, which can reach the equivalent of EUR 4.6 billion.

The company refused to comment on cuts.

AFP points out that the main causes of difficulty are the high costs of implementing the repair plan, including a reduction in global production capacity by 20 percent. and a decrease in sales on key markets in the USA and PRC. In only China in the first quarter of this year. 27 percent were sold fewer cars of this manufacturer. Despite this, Nissan intends to invest $ 1.4 billion in the development of electric vehicles in China until the end of 2026.

As NHK said, as part of further restructuring, the concern resigned from recently announced plans to build a battery factory for electric vehicles in Kitakyush. In addition, the intention to close three factories, including a plant in Thailand, was confirmed to limit excessive production capacity.

Nissan's situation is additionally complicated by American duties on imported cars and growing competition, especially from Chinese brands.

Krzysztof Pawliszak (PAP)

KRP/ AP/

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Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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