Jul 25, 2019
Nissan workers braced for job cuts
Nissan workers around the world are braced for the Japanese car giant to announce thousands of job cuts as it attempts to shore up its image and its finances after recent troubles. In the UK, union sources said they hoped the cuts would not affect workers at Nissan's Sunderland plant. The job cuts are expected to be implemented over several years and would include 4,800 already announced in May, according to the Reuters news agency. The expected job cuts would total more than 7% of Nissan's 138,000-strong workforce, Reuters reported. Mr Saikawa, who was appointed by Mr Ghosn, kept his job in a vote at an annual shareholders meeting last month, but Nissan has formed a nominations committee to find his successor.
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