unemployment

Nissan to cut around 160 office-based UK jobs

Reuters
Nissan to cut around 160 office-based UK jobs

NISSAN. A Union Jack-painted Nissan Leaf electric vehicle is displayed at the British embassy in Tokyo, Japan, December 13, 2018.

File photo by Issei Kato/Reuters

'We continually adapt our business to maximize efficiency in line with market conditions and we are currently in consultation with some of our office-based staff,' says Nissan

Nissan will cut around 160 office-based jobs in Britain as the Japanese company faces reduced sales amid plans to turn around its performance.

Last week, it committed to its northeast England factory and will source more batteries locally to avoid tariffs on electric cars after the United Kingdom’s trade deal with the European Union, calling the Brexit agreement an “opportunity” for the Sunderland site.

Nissan opened what is now Britain’s biggest car plant in 1986 and made nearly 350,000 vehicles there in 2019.

Globally it has faced a torrid time in recent years and is cutting production capacity, model numbers, and operating expenses. (READ: Nissan stops making cars in the Philippines)

“We continually adapt our business to maximize efficiency in line with market conditions and we are currently in consultation with some of our office-based staff,” it said in a statement. – Rappler.com

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