Nissan Opens Talks on Job Cuts at European Hub
Nissan Motor has initiated discussions with union leaders regarding potential job cuts at its European headquarters in France, as part of a global restructuring plan. The company aims to reduce its workforce by 15% and cut production capacity by nearly 30%. Management is considering voluntary redundancies first, with decisions expected in October and details to be shared in November. This move is part of CEO Ivan Espinosas strategy to save 500 billion yen ($3.4 billion) by closing several plants and streamlining operations.
Nissan Motor (NSANY, Financials) has begun delicate talks with union leaders at its European headquarters in Montigny?le?Bretonneux, France; the process is expected to lead to job cuts as the automaker pushes through a sweeping global reset. The office home to about 560 staff and responsible for markets from Europe to Oceania will be reshaped under a plan to slim costs and streamline operations.
Management has pledged to explore voluntary redundancies first; decisions are due in October, with details shared in November. We are working diligently and respectfully in full compliance with legal requirements, regional vice chair Massimiliano Messina told staff.
The cuts are part of CEO Ivan Espinosas push to reduce Nissans global workforce by 15%; slash production capacity by nearly 30% to 2.5 million vehicles; and close seven plants, aiming to save 500 billion yen ($3.4 billion). Recent steps include ending production in Mexicos Civac plant by March 2026; shutting the Oppama plant in Japan by March 2028; and closing Nissan?Shatais Shonan factory by March 2027.
