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The
move is part of Nissan Motor Corp.’s plans, announced two months
ago, to slash 9,000 jobs globally, including in China, after it
racked up a quarterly loss due to sinking sales and ballooning
inventory.
At Nissan's plant in Smyrna, Tennessee, one production line will
maintain two shifts, while the other line will consolidate to
one shift, the company said.
The Smyrna plant makes Murano, Pathfinder and Rogue
sport-utility vehicles and the Infiniti QX60 luxury model.
In the Canton plant in Mississippi, which makes the Altima sedan
and Frontier pickup, Nissan is reducing the speed on one line
and consolidating another.
In the Decherd plant in Tennessee, which makes engines, shift
adjustments will be more gradual. Some will be maintained while
others will be reduced by one shift, it said.
When it announced its recovery plan in November, Nissan didn’t
give details on where the job cuts might come.
The workforce reduction of 9,000 people amounts to about 6% of
its more than 133,000 global employees. The company also plans
to slash its global production capacity by 20%.
Nissan, based in the port city of Yokohama, said the latest
offers count toward its overall job reduction plans, and are
designed to make its operations more efficient and flexible.
“Nissan is taking urgent measures globally to turnaround its
performance and create a leaner, more resilient business capable
of swiftly adapting to changes in the market,” the company said
in a statement.
Separately, Nissan and Japanese rival Honda Motor Co. are
working to form a joint holding company to integrate their
businesses, planned for 2026.
Nissan and Honda announced in March they will work together on
electric vehicles. In August, they said that partnership was
being broadened. They plan to have a “definitive agreement” by
June.
Nissan is set to release its October-December financial results
on Feb. 13. Nissan stocks jumped 2% in Tokyo trading after the
reports about the U.S. plans surfaced.
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