Nissan to Cut Up to 700 Contract Workers in Mississippi

[TexasTowelie]

JACKSON, Miss. (AP) — Nissan Motor Co. announced Thursday that it's cutting up to 700 contract workers at its Mississippi assembly plant, citing slowing sales for vans and Titan pickup trucks that it makes there.

The move follows Nissan's December announcement that it's cutting 1,000 jobs at two Mexican factories. Reports in May indicated the Japanese automaker would cut production by up to 20 percent in North America, citing low profits.

Thursday's move comes after the arrest in Japan of former chairman Carlos Ghosn, who led a production expansion in Nissan's largest market. The company has struggled to sell all those vehicles in recent years, turning heavily to incentives and fleet sales to soak up the excess. Spokeswoman Lloryn Love-Carter said the cuts are unrelated to Ghosn's ouster as chairman and new managers taking over at Nissan.

Nissan has 6,400 direct employees and contract workers who labor side-by-side on production lines in Canton, Mississippi, just north of Jackson. The company has long prided itself on a no-layoff pledge for its direct employees in Canton, and Love-Carter said any affected direct employees would be moved to new jobs. But that doesn't apply to contract workers, who were cut sharply during the recession.

Read more: http://www.jacksonfreepress.com/news/2019/jan/17/nissan-cut-700-contract-workers-mississippi/

[Squinch]

1. I first read that as "Nissan to cut up 700 contract workers." I THOUGHT it seemed a little extreme.

More winning from the economy of Individual 1.