LONDON (UK) – In the wake of reduced sales, Japanese firm Nissan will slash as many as 160 office-based jobs in Britain. This comes amid plans to turn around its performance.
After the UK’s trade deal with the EU, last week the firm committed to its factory in northeast England and has decided to procure more batteries locally to avoid tariffs on electric vehicles. The firm has termed the Brexit deal an “opportunity” for the Sunderland site.
It opened the UK’s biggest auto plant in 1986 and produced nearly 350,000 vehicles there in 2019.
Nissan has been undergoing torrid times across the globe in recent years and is slashing production capacity, model numbers and operating costs.
“We continually adapt our business to maximise efficiency in line with market conditions and we are currently in consultation with some of our office-based staff,” the company said in a statement.