Transportation
Nissan Plans Job, Output Cuts at US Vehicle Assembly Plants
- Pullback to affect popular Rogue crossover SUV, Altima sedan
- Automaker has been discussing capital tie-up with rival Honda
Nissan Motor Co. has pledged to cut 9,000 jobs globally and reduce production capacity by 20%.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
Nissan Motor Co. 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 Co.
The Yokohama-based automaker said Wednesday it will move to a single shift from mid-April at one production line in each of the factories, and seek an unspecified number of voluntary buyouts or early retirements.