Nissan Cuts 250 Jobs at UK Sunderland Plant Amid Restructuring
Nissan Cuts 250 Jobs at UK Sunderland Plant Amid Restructuring

Nissan Cuts 250 Jobs at UK Sunderland Plant Amid Restructuring

News summary

Nissan is set to cut approximately 250 jobs at its Sunderland plant as part of a global initiative to reduce its workforce by 15% and improve operational efficiency. The job cuts, focused on voluntary retirements among shop floor and office staff, aim to create a leaner, more flexible business without affecting manufacturing personnel. Despite recent historic losses and the restructuring plan, the Sunderland plant will remain open and is central to Nissan's European electrification strategy, producing new electric models like the Leaf and Juke EV. The UK government has supported Nissan with a £1 billion loan to help safeguard Sunderland jobs amid these changes. Nissan CEO Ivan Espinosa also announced plans to close seven plants worldwide, but Sunderland is not among them. Additionally, Nissan has requested payment delays from some UK and EU suppliers to improve short-term cash flow during this recovery phase.

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Last Updated
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