º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Enterprise

Job reductions at Nissan's Sunderland plant as part of global savings plan

The company is hoping to remove around 250 posts through a voluntary scheme

The Nissan plant in Sunderland(Image: Andy Commins / Daily Mirror)

Around 250 roles are expected to be lost at the Nissan factory in Sunderland as the automotive giant implements a substantial global savings scheme. The firm has been grappling with significant challenges on a worldwide scale in recent months as it strives to secure billions for its survival.

Office personnel and some floor supervisors are being offered packages to voluntarily exit the company. The 're-cap' programme will not impact manufacturing staff at Sunderland, where around 6,000 individuals are employed.

Earlier this year, new Nissan CEO Ivan Espinosa announced severe cost-cutting measures across Nissan's international business, including the elimination of 20,000 jobs globally and the closure of seven factories over the next three years. It is hoped that these reductions, which follow a failed merger attempt with Honda, would save the company more than £2bn.

The news arrives as Nissan reported another decline in production and sales figures last month, including a 38% decrease in the number of vehicles manufactured in the º£½ÇÊÓÆµ during May to just under 16,500, compared with the same period last year. Worldwide factory numbers fell 16.5% over the same period to 229,645.

Meanwhile, European sales were down 2.6% to 24,224 and global sales dropped 6% to 256,159. In addition, the company announced some changes in senior management, including the departure of its global chief information officer, reports .

Nissan's Sunderland site has long been regarded as one of the manufacturer's top-performing facilities, having secured substantial investment, including a commitment to produce new electric models. However, the plant has experienced challenges, such as the elimination of a production shift without job losses.

Nissan executive Alan Johnson has cautioned that the º£½ÇÊÓÆµ is "not a competitive place to be building cars" due to high energy costs and other factors.

The business has faced global pressure due to various challenges, including trade tariffs and rising competition from Chinese manufacturers. However, there have been encouraging local developments, such as the creation of essential supplier factories, Jatco and AESC, near the Sunderland plant, both of which have received financial support from the government.