Business Standard
Sunday, Nov 22, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Smart Portfolios II
  Search:

Nissan to axe 1,200 jobs in Sunderland
Press Trust of India / Tokyo/new Delhi January 09, 2009, 18:09 IST

Japanese auto major Nissan will reduce its headcount by 1,200 employees to protect the long term viability of its manufacturing operations in Sunderland, the UK's largest car exporter and producer.

 
 
News Now
Paper
Specials
- Sensex makes remarkable recovery, regains 17K
- Five of top-10 cos lose Rs 24k cr; RIL on top slot
- ICICI, Infosys among best firms for nurturing talent
- WKLY TECH ANALYSIS: Markets await a clear direction
- Shubhalakshmi Panse takes charge as Vijaya Bank ED
More  

Dramatic decline in customer demand, which is affecting all car makers has forced the Sunderland plant to implement measures to adjust volume in line with the market. "To ensure Sunderland plant does not over-supply a weakening market, one shift from both production lines will be trimmed during January-March 2009," Nissan said in a statement.

As a result of this new working pattern, and to match forecast volume requirements throughout 2009, Nissan has notified the Local Works Council and the 'Unite' union of its intention to reduce overall production headcount by around 1,200, of which 400 are staff on temporary contracts, and it is intended these would not be renewed beyond January. Reacting to this, Unite's Joint General Secretary Derek Simpson said: "This is devastating news for the workers and their families. Today's announcement shows just how serious Britain's economic difficulties are. Unite will be doing everything possible to minimise compulsory redundancies."

It added, "There is no doubt that 2009 is going to be a harsh year. Gordon Brown must continue to do what it takes to stimulate the economy and get people spending again. These job cuts lay bare the human cost of the credit crunch."

The Japanese auto major said that the long term future of the plant must remain our over-riding priority. However, as always, Nissan will continue to make every effort to minimise the impact on its employees and their families.

Arrow Other Stories     
- Sensex makes remarkable recovery, regains 17K
- S C Kalia takes over as Union Bank ED
- PNB may acquire majority stake in Kazakh bank
- Maoist hindering land acquisition for Tata steel project: Raman
- Koda says he will report to ED only after Jharkhand polls
More  
  Read Business news in 
  Get financial advisory and solutions for your projects
  Holidays starting at a delightful EMI of Rs 3481
  Switch on and say hello to Monday morning !
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- Kurbaan could be Karan Johar's first flop
- Ambani Jr, Brad Pitt join hands for sci-fi film
- HAL to invest Rs 25,000 cr in next 10 years
- We are not trying for a monopoly: HAL chairman
- A golden lining seen in silver prices
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should India's defence sector be thrown open to foreign investments?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback