Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 billion in costs globally.
Nissan announced Wednesday that it's cutting U.S. production lines and offering employees voluntary buyouts to avoid layoffs.
Factory workers at the Canton, Mississippi Nissan plant will be offered voluntary buyout packages in a cost cutting move by the Japanese auto maker. The buyouts are targeted at production lines in Canton and Smyrna,
A woman died after she was allegedly kidnapped by her ex-boyfriend from a Nissan plant in Mississippi, authorities said.
Nissan is dialing back production at the factories building its Rogue SUV and Altima sedan models, signaling a broader slowdown in demand. Along with scaling down output, the auto
When it announced its recovery plan in November, Nissan didn’t give details on where the job cuts might come. The workforce reduction of 9,000 people amounts to about 6% of its more than 133,000 global employees. The company also plans to slash its global production capacity by 20%.
Nissan will operate a single shift on one production line at each of its two U.S. facilities, located in Smyrna and Canton, Mississippi, according to Bloomberg. It expects to go back to a two-shift schedule when it introduces new vehicle models in 2027 and 2028. The production cuts impact the Rogue in Smyrna and the Altima in Canton.
NISSAN Motor is eliminating a work shift at two US vehicle assembly plants and trimming its hourly staff via buyouts, a downsizing to align its output with lower sales volumes as it mulls a possible sale to Honda Motor.
Nissan confirmed it is again delaying EV production at its Canton, Mississippi plant. According to sources, it is also
A woman tried to escape her alleged kidnapper in central Mississippi and tragically lost her life. This happened Monday morning, Jan. 27. Joshua Andrews allegedly kidnapped his ex-girlfriend from the Nissan plant in Canton — which is north of Jackson — forced her into a vehicle and fled onto Interstate 55.
The Japanese aim to save up to £2 billion. Unfortunately, achieving this goal requires sacrifices. Nissan is another brand facing a crisis caused by global changes in the automotive market. The Japanese company has just announced significant cuts in the USA.
The project is a $20.8 million investment and is expected to create 250 jobs. Yancey Engineered Solutions was established by Yancey Bros. in 2004 to provide specialized design and packaging services for CAT generators.