Nissan to Shorten 9000 Jobs Globally Nearest Sinking to Loss

Japan’s car making company Nissan has announced a huge cut in its workforce. The company is going to show thousands of employees out of the way. This decision has been taken due to the deficit to the company. This trimming will be done from global workforce. The company is talking about cutting a 20 percent reduction in global production capacity. Let us know which departments have indicated the sorting of employees.

NISSAN is going to trim 9000 employees out of its workforce. The company has announced that it will trim this at the global level. According to the report of Reuters, car -making companies are facing conflicts worldwide. Also, companies are not able to fully success in fulfilling demand in the main markets. Apart from this, car makers companies around the world are getting tough competition from Chinese companies. Especially in making electric vehicles, Chinese companies are continuously giving tough competition to other global companies.

Nissan has a workforce of 1 lakh 30 thousand employees. Sorting of about 10 thousand people is also likely to have a negative impact on the strength of this workforce. However, the UK factory has been said to remain untouched by this trimming. The company has a major loss in the last quarter. According to the report, Nissan has suffered a loss of 9 billion yen. At the same time, during the same period last year, the company had a profit of 191 billion yen.

The company says that its condition is serious at this time. He is facing high costs in sales and factory. Dealers, especially in the US, have many cars that can force the company to give huge discounts. Nissan said that she wants to reach the point where she is able to sell 3.5 million cars per year. But by March, only 3.4 million cars of the company were sold.