Japanese automaker Nissan Motor is set to slash roughly 10% of its European workforce, according to the Financial Times (FT), which reports the company currently employs about 9.3 thousand individuals across the region.
The publication states that Nissan has communicated its intention to reduce its office staff by 900 positions spanning France, Spain, and the United Kingdom. Furthermore, the company is reportedly planning to consolidate two production lines at its Sunderland plant in Britain. Separately, Nissan is currently in discussions with Chinese firm Chery and other prospective collaborators regarding the utilization of spare capacity at a plant currently operating at approximately half its potential.
When approached by the FT for comment, Nissan declined to do so. Nevertheless, the firm did state that it is “exploring avenues for collaboration with third parties to fully leverage production capacity and secure profitable competitiveness.”
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