The Japanese company doubles the layoffs already announced in May, in view of a drop in sales in the US and Europe.
10 000 people are out of work at Nissan?
The Japanese car firm Nissan plans to cut more than 10,000 jobs worldwide in the coming years, a figure that doubles the 4,800 layoffs already announced by the company last May.
As reported by the Japanese public broadcaster NHK, citing sources from the automotive sector, Nissan will apply the staff cut based on a foreseeable fall in sales in strategic markets for the brand such as the United States and Europe. Much of the measure will be carried out outside Japan. In addition, Nissan will also study a possible improvement in the efficiency of its production plants.
In addition, the company has been forced to create three new statutory committees (of remuneration, appointments and audit) to improve corporate governance control and avoid corruption cases. This arises as a result of the fall of the corporate image by the arrest of former President Carlos Ghosn last November for alleged financial misconduct.
The Japanese manufacturer recorded an attributed net profit of 319,100 million yen (2,594 million euros) in fiscal year 2018-2019 (from April 2018 to March 2019), representing a decrease of 57.3% compared to the previous year’s data, while registering revenues of 11.57 billion yen (94.099 million euros), 3.2% less.
In Spain, Nissan has two production plants, in the Barcelona Free Zone, where it manufactures the Navara, NV200, e-NV200 and Renault AlasKan models, and in Ávila, where it assembles the Cabstar NT400. In total, it employs a total of 4,000 people.