The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
20,000 jobs Number of planned job losses
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: Hospodárske noviny
Citation
Eurofound (2009), Nissan, Internal restructuring in World, factsheet number 68123, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68123.
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