Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

20,000 jobs
Number of planned job losses
Job loss
Announcement Date
10 February 2009
Employment effect (start)
Foreseen end date

Description

Nissan, the third largest Japanese car manufacturer, has announced that it is to cut 20,000 jobs out of a total 235,000 worldwide due to a financial loss amounting to JPY 180 billion last year. It was reported that 12,000 job cuts will occur Japan. As of February 2009, there is no information on when dismissals are to be implemented by.


Sources

  • 10 February 2009: Hospod├írske noviny

Citation

Eurofound (2009), Nissan, Internal restructuring in World, factsheet number 68123, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68123.