EMCC European Monitoring Centre on Change

Nissan

Company/Organisation:
Nissan

Geographic Location

Country: World

Company

Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Number Employed: 235000

Employment Effects

Announcement Date: 10-02-2009
Planned Job Reductions min: 20000
Planned Job Reductions max: 20000
Type of Restructuring: Internal restructuring

Additional Information

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.