financetom
Business
financetom
/
Business
/
Nissan says about 1,000 US staff accept early retirement
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nissan says about 1,000 US staff accept early retirement
Nov 21, 2024 2:42 AM

TOKYO, Nov 21 (Reuters) - About 6% of Nissan Motor ( NSANF )

staff in the United States have accepted early

retirement packages, a company spokesperson said on Thursday, as

part of the struggling Japanese carmaker's plan to cut 9,000

jobs worldwide.

Nissan ( NSANF ) had about 17,000 employees in the U.S. as of March,

according to a security filing. Roughly 1,000 U.S. employees are

set to leave Nissan ( NSANF ) by the end of this year as a result of the

early retirements.

Nissan ( NSANF ) this month announced the global job cuts and a 20%

reduction in manufacturing capacity after it slashed its annual

profit outlook by 70% due to a sales slump in China and North

America.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Domino's Australia franchise's long-serving CEO steps down, shares drop
Domino's Australia franchise's long-serving CEO steps down, shares drop
Nov 4, 2024
(Reuters) - Domino's Pizza Enterprises, the franchise's biggest operator outside of the U.S., said Tuesday its longstanding CEO was stepping down after more than two decades at the helm during which the franchise grew into a multi-billion dollar business. Shares of the Australia-listed company were volatile in early hours, oscillating between a drop of 6% and a near rise of...
BRIEF-Sarama Resources Says Cosmo Gold Shareholders Approve Sarama's Acquisition Of Majority Interest
BRIEF-Sarama Resources Says Cosmo Gold Shareholders Approve Sarama's Acquisition Of Majority Interest
Nov 4, 2024
Nov 5 (Reuters) - Sarama Resources ( SRMMF ): * KEY MILESTONE IN COSMO GOLD PROJECT ACQUISITION * COSMO GOLD SHAREHOLDERS APPROVE SARAMA'S ACQUISITION OF MAJORITY INTEREST Further company coverage: ...
Late season storm could disrupt 4 mln barrels of US oil output, researchers say
Late season storm could disrupt 4 mln barrels of US oil output, researchers say
Nov 4, 2024
* Shell, Chevron ( CVX ) removing some staff from offshore platforms * Rafael forecast to become category 2 hurricane at mid-week (Adds Chevron removing staff from offshore in paragraph 5) HOUSTON, Nov 4 (Reuters) - A late season tropical storm predicted to intensify into a category 2 hurricane in the U.S. Gulf of Mexico this week could reduce U.S....
Boeing workers vote on wage deal that could end strike
Boeing workers vote on wage deal that could end strike
Nov 4, 2024
SEATTLE (Reuters) -Boeing U.S. West Coast factory workers were voting on an improved contract offer on Monday that could end a seven-week strike and restart most jet production at the troubled planemaker. Boeing's latest offer includes a 38% wage increase spread over four years, up from a 35% raise in a proposal that was rejected by around two-thirds of the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved