Reports Nissan plan to cut 20,000 jobs in cost-cutting measures
There's reports Nissan is planning to cut almost 20 thousand jobs globally - as they look to cut costs
There's reports Nissan is planning to cut almost 20 thousand jobs globally - as they look to cut costs.
That's come from a Japanese broadcaster - saying the car maker is planning to axe more than double the number of roles originally planned in a restructure.
They currently employ around 6000 workers at the Sunderland plant, but we don't know yet where any job cuts will be made.
In November, the company launched a restructure which aimed to cut 9,000 positions.
On Monday, Japanese broadcaster NHK reported that the firm had extended the cuts to around 20,000 roles after weak sales continued.
These are expected to impact around 15% of the company's workforce worldwide.
Last month, Alan Johnson, senior vice president for manufacturing for Nissan's Africa, Middle East, India, Europe and Oceania operation, cautioned that the UK was "not a competitive place" to build cars as he called for Government support.
The company is seeking to reduce its production capacity by 20% after a pair of recent profit downgrades.
The firm has been impacted by stalling sales in China and the US.
It is now also set to face a significant impact from President Donald Trump's plans to hike tariffs on cars imported to the US to 25%.
The vast majority of cars made in the UK will be subject to a 10% tariff after the UK-US trade deal agreed last week.
Nissan declined to comment on the reports.