Nissan may have 20,000 jobs at risk from restructuring plans, Japanese sources said Friday. The brand reportedly cuts up to 15 percent of the global workforce.
Nissan has been struggling with declines and declining sales for some time due to the arrest of President Carlos Ghosn in 2017. The outbreak of the corona virus was added earlier this year. This probably prompts the Japanese brand to make additional layoffs. Indeed, in July last year, the removal of 12,500 jobs was announced.
The extra round of layoff is likely to affect Europe in particular, Kyodo News writes. For example, Nissan is expected to announce next week that it will close the factory in Barcelona, which employs around 3,000 people. Nissan builds the Navara and the e-NV200 in that factory. A factory in Indonesia is also said to be on the nomination for closure.
The Japanese brand now wants to focus mainly on the home market: China and the United States. Activities in Europe will slow down.