How many jobs will Nissan cut as part of its restructuring?

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Nissan Plans to Cut Approximately 9,000 Jobs as Part of Restructuring

Nissan is set to reduce its global workforce by approximately 9,000 positions as a key component of its broader restructuring efforts. This significant workforce adjustment is designed to optimise the company's cost structure, aiming to reduce fixed and variable costs by an estimated 400 billion yen (approximately $2.6 billion) by fiscal year 2026. The plan involves a multi-pronged approach to achieve these reductions and streamline operations.
Reduction in Indirect Employees and Voluntary Separations

A portion of the planned job cuts, specifically 2,500 positions, will come from Nissan's global indirect workforce. These reductions will be achieved through a combination of streamlining existing operations, implementing hiring freezes, and accelerating voluntary separation programmes. This strategy aims to reduce administrative and support staff levels by enhancing efficiency and encouraging voluntary departures.
Plant Closures to Further Reduce Headcount

The majority of the headcount reduction will stem from the closure of three manufacturing plants. These closures are scheduled to commence in the first quarter of the 2025 financial year. Specifically, the shutdown of facilities in Thailand and the United States is projected to eliminate 5,300 jobs within the 2025 fiscal year, with an additional 1,200 jobs to be cut in the subsequent fiscal year as a direct result of these plant consolidations.
Management and Operational Streamlining

Beyond direct manufacturing and indirect roles, Nissan also plans to reduce its top management positions by 20 percent. This move is part of a wider initiative to achieve a more efficient cost structure. The company has stated its commitment to driving top-line growth through the development of more competitive products, with these cost-saving measures intended to support this strategic objective.

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How many jobs will Nissan cut as part of its restructuring?

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