Wednesday, February 11, 2009

Nissan will eliminate 20,000 jobs after suffering his first loss since 1999

Not Carlos Ghosn, Nissan pulled to the brink to become one of the most profitable manufacturers (with a margin of 11.1% in 2003), which has managed to avert the Franco-Brazilian executive has defined as "the worst sales crisis in the history of the automobile." The manufacturer

Allied with Renault has announced it will eliminate 20,000 jobs worldwide - 8.5% of its staff until March 2010, after reporting that the current fiscal year (to end March 31) will culminate with the early loss of Ghosn was launched a decade ago. Operating losses and, above all net. The latter are expected to reach 265,000 million yen (about 2230 million euros at current exchange rate), when the last estimate was a net profit of close to 160,000 million yen.

In principle, the setting is not should affect our country beyond the voluntary redundancy scheme in place in the Zona Franca plant in Barcelona. It is designed for a minimum of 1680 jobs, a reduction in staff that the company considers essential to ensuring the viability of these facilities beyond 2012.

Of the 20,000 jobs, 12,000 will be abolished in Japan (most not covered by retirement) of 1200 will be voluntary in the U.S., and in January announced the removal of 1,200 jobs in the UK. Nissan currently has 235,000 employees, about 156,000 in 2002.

Anyway, Ghosn has said that is not realized anything until May and will not be closing any factory in the world, and it expects "that the crisis does not last forever."

In order for this recovery comes soon, the Japanese manufacturer will also reduce its production by 20% in FY 2009-2010, and at the same rate cut their labor costs. It also will invest 21% less after 14% drop suffered by this chapter in the current year. In fact, it has suspended its strategic plan for the period 2008-2012, while maintaining its commitment to environmentally friendly vehicles and new products.

addition, managers are charged 10% less and the shareholders will have only the dividend of 11 yen and collected for the first half. Last year, received a total of 40 yen per share.

The opportunity to

Barcelona

Planned reduction in the volume of investments will be in front of the Nissan in joint venture with Renault to build a factory in Morocco. This means that in the short term, the plant could take on Barcelona in a fast-and without making major investments in those units of the van known as a key NV200 and unable to supply Japan (where it starts to make this autumn) and China (where it will do so after 2010).

This vehicle was scheduled to be mounted in Tangier, but it is not the new model that chooses Barcelona 2012.

Which could even be an electric car, will be awarded in 2010 but this will require that the staffing has been reduced to 2,800 people through the plan and launched low. At the same, there are awards of up to 120,000 euros.

Either way, Nissan sources have assured that "has not yet taken any decision on it nor is there any award."

Builder also has another plant in Avila, dedicated to small truck and which has just approved an ERE of 114 days that will affect 500 of its 650 employees.

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