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Nissan Motor to fire 1,700 Staff in India

Auto News - Published on Tue, 30 Jul 2019

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Nissan Motor will be handing pink slips to over 1,700 workforce in India. As the carmaker hits a decade low profits globally, it has taken a decision to fire about 12,500 workers across the world over the next three years. Of these, over 6,400 workers have already been asked to leave and the balance workforce will be informed in the coming two to three years. India accounts for about 13.5% of the people fired.

In a presentation to the investors in Tokyo, the company said as part of its initiative to improve efficiency, it will give pink slips to workers around the world. Apart from India, Nissan will be asking over 1,420 employees from the US, about 1,000 employees from Mexico, 830 in Indonesia and another 880 employees from two facilities in Japan.

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Posted By : Mohan Sharma on Tue, 30 Jul 2019
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