Korean Media: Nissan to Cut 10% of Workforce in Europe!

On June 5, South Korean media outlet NEWSPIM published an article stating that Japan's Nissan Motor Company, currently undergoing business restructuring, has begun comprehensive adjustments to its European operations. The company is accelerating efforts to reduce costs and improve efficiency, including cutting 900 jobs and consolidating production lines at its UK factories.

Nissan recently announced the formal rollout of its workforce reduction plan in Europe and has already started consultations with employees. The targeted layoffs amount to approximately 900 people, primarily affecting office staff in key locations such as the UK, France, and Spain—representing about 10% of the company’s total of 9,300 employees in Europe.

Nissan explained that this measure is part of its broader business restructuring initiative, “aimed at streamlining organizational structure and establishing a sustainable, profitable operational system.”

The production system will also undergo transformation. The plant in Sunderland, located in northern England, plans to merge its two existing production lines into one, in order to improve capacity utilization. Currently, the plant’s capacity utilization hovers around 50%, making efficiency improvements urgent.

Meanwhile, the company is shutting down part of its logistics warehouse in Barcelona, Spain, and is considering restructuring its Nordic market operations. According to foreign reports, there are also discussions about potentially sharing facilities with Chinese automakers, suggesting that future production base usage patterns may change.

Nissan had previously announced a global restructuring plan, which includes closing seven of its 17 factories worldwide and cutting 20,000 jobs globally.

Amid expectations of consecutive massive losses, Nissan is implementing company-wide cost-cutting measures and business restructuring. This European restructuring represents a key pillar of its global recovery strategy, and could lead to further adjustments in both production and personnel in the future.

Original source: toutiao.com/article/1867160886370376/

Disclaimer: The views expressed in this article are those of the author alone.