Thursday, January 8, 2009

Europe’s most effecient car manufacturer axes 25% of it’s workforce

Nissan plant to shed 1,200 jobs

Car manufacturer Nissan has announced it is to axe about a quarter of the workforce at its Sunderland plant. The company, which sent workers at the site home early before Christmas to cope with the economic downturn, said it will cut 1,200 jobs. The plant, which opened in 1986, employs about 4,900 workers. The firm halted manufacturing of two of its models at the Sunderland site in December and sent production staff home on full pay.

Posted by jack c @ 05:08 PM (525 views)
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One thought on “Europe’s most effecient car manufacturer axes 25% of it’s workforce

  • Browneconomy says:

    A “VICTIM” of low interest rates?

    Nissan make (generally) small efficient cars the buying demography of which is (they probably wouldnt thank me for this) aimed at the older private buyer – the sort of people who are suffering as a result of low interest rates on their savings, people who are quite prepared to say “My car will be ok for another couple of years”.

    low interest rates not only penalise savers but also those companies selling to them

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