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Future of Nissan's Sunderland plant in doubt
The future of Nissan's Sunderland operations is in doubt as the Japanese car maker cuts its number of factories and shrinks its workforce even more than previously announced.
The company confirmed on Tuesday it will shut seven factories and cut 20,000 jobs globally in a bid to slash costs. The job losses had been reported by Japanese media ahead of Nissan's announcement.
The car maker said it will cut 11,000 more jobs than originally planned, having announced in November that it would axe 9,000 roles in a restructuring. Its number of manufacturing plants will be slashed from 17 to 10.
Most job losses - 65% - will come from manufacturing, Nissan chief executive and president Ivan Espinosa told reporters. Around 6,000 workers are employed at Nissan's manufacturing operations in Sunderland.
A spokesperson for Nissan UK said it is "currently in detailed study within the company regarding the announced plant closures". "At this stage, we are not able to inform you which plants will be affected," the spokesperson added.
Mr Espinosa has said, however, the company will assemble more electric vehicles at the Sunderland site. He also confirmed some closures would come in Japan on top of previously announced consolidation in Argentina, Thailand and India.
"There is more to come, and we will inform you in due course," he added. Read more from Sky News:M&S says customers' personal data taken by hackersJob vacancies fall - as employers hit with higher costs When asked why the announcement was being made now, he said Nissan "cannot absorb costs with current revenues.
Amir Nisi
Creative and experienced content writer with 6+ years of experience lazy to create unique content strategy for News5 to turn website visitors into customers.
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