Nissan USA is in decline, will offer voluntary resignation plans to some employees

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According to Automotive News, Nissan will cut its salaried workforce in the United States through a voluntary separation program due to declining U.S. business. It is reported that the news has been confirmed by Nissan.

Nissan Motor said it will offer a seniority buyout program to its U.S. employees, which applies to white-collar employees at least 52 years old in some non-manufacturing business departments of Nissan and Infiniti, and employees 55 years old and older in manufacturing departments, while hourly workers will not be affected.

Nissan spokesman Kyle Bazemore declined to say how many salaried jobs the company intends to cut or how many employees it expects to accept severance packages, saying only that only a "small percentage" of salaried employees are eligible.

At the same time, he said: "Nissan hopes to 'optimize business operations and remain competitive in the future. We will continue to develop to meet the needs of the global automotive industry'."

In addition, he said that Nissan currently has no plans to lay off employees or take other cost-cutting measures.

Nissan currently has about 21,000 employees in the United States, including about 9,000 hourly workers at three factories. In 2019 and 2020, Nissan offered similar buyout programs in the United States and simultaneously took layoffs at factories. At the end of 2019, the company also cut its employee travel budget by half.

Data shows that in the second quarter of 2024, Nissan's operating profit totaled approximately 1 billion yen (approximately 6.5 million US dollars), compared with 128.6 billion yen in the same period last year, a year-on-year drop of 99.2%; net profit was 28.6 billion yen, a year-on-year decrease of 76.9 billion yen.

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