The Japanese aim to save up to £2 billion. Unfortunately, achieving this goal requires sacrifices. Nissan is another brand facing a crisis caused by global changes in the automotive market. The Japanese company has just announced significant cuts in the USA.

SMYRNA, Tenn. (WZTV) — Nissan has confirmed that its plants in Smyrna, Canton, and Decherd will experience job cuts. The company stated it would initially seek volunteers for the layoffs, offering severance packages to those who opt-in.

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 billion in costs globally.

Japanese automaker Nissan is slimming down its production in the U.S. and offering buyouts to workers in a push to cut jobs after reporting losses during the last quarter. Nissan is offering

The company is not planning for involuntary layoffs and is part of its initiative to cut down global costs by $2.6bn.

In a bid to cut US$2.6 billion (RM11.5 billion) in global costs, Nissan is offering buyouts to workers and cutting back shifts at its Smyrna, Tennessee, and Canton, Mississippi vehicle assembly plants,

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 is dialing back production at the factories building its Rogue SUV and Altima sedan models, signaling a broader slowdown in demand. Along with scaling down output, the auto

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 is cutting production and the size of its workforce at U.S. plants in the face of a “challenging” market.

NEW YORK -- Nissan Motor is offering buyouts to workers at three U.S. factories, Nikkei has learned, as part of the Japanese automaker's plans to cut production in the country by around 25% amid sluggish sales.

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.