TOKYO, Jan 30 (Reuters) - Japan's Nissan Motor ( NSANF )
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 in costs globally.
Nissan ( NSANF ) will offer the separation packages to workers at its
vehicle assembly plants in Smyrna, Tennessee, and Canton,
Mississippi, and an engine plant in Decherd, Tennessee.
Japan's third-biggest automaker by volume will slash one of
two shifts at the production line for its Rogue sports utility
vehicle in Smyrna starting in April, and for the Altima sedan in
Canton from September.
In addition to Smyrna, Nissan ( NSANF ) also produces Rogues at its
Kyushu factory in southwest Japan, its top plant in its home
market. Reuters previously reported Nissan ( NSANF ) was cutting output by
a third in August 2024 at that plant amid weak U.S. demand for
some of its ageing line-up, including the Rogue.
Nissan's ( NSANF ) spokesperson declined to say how many U.S. workers
it hopes will take the voluntary buyout offer. The company could
potentially cut up to around 1,500 jobs with the move, the
Nikkei newspaper reported earlier on Thursday.
Nissan ( NSANF ) does not plan to conduct involuntary layoffs, the
spokesperson said, adding that the company employed more than
11,700 workers at the three U.S. plants as of end-2024.
In November, the company announced a plan to cut 9,000 jobs
worldwide and reduce the maximum capacity of its 25 vehicle
production lines as it suffers from a sales slump in China and
North America.
Less than two months after the company unveiled that plan,
Nissan ( NSANF ) and Honda Motor ( HMC ) said they would start talks on a
merger that could potentially create the world's third-largest
auto group with annual output of 7.4 million vehicles.