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Nissan to cut 10% of Europe workforce in global restructuring, FT reports
Finance

Nissan to cut 10% of Europe workforce in global restructuring, FT reports

Published by Global Banking & Finance Review

Posted on May 5, 2026

1 min read

· Last updated: May 5, 2026

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Nissan to Cut 10% of Europe Workforce in Global Restructuring, Reports FT

Nissan's Workforce Reduction and Production Changes

Overview of Planned Cuts

May 5 (Reuters) - Nissan Motor is planning to cut about 10% of its workforce in Europe and combine two production lines at the UK's Sunderland plant as part of the Japanese automaker's global restructuring, the Financial Times said on Tuesday.

Verification Status

Reuters could not immediately verify the report.

Reporting Credits

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Shailesh Kuber)

Key Takeaways

  • The restructuring is part of CEO Ivan Espinosa’s global turnaround plan, which includes reducing global production capacity by nearly 30%, closing seven plants, and cutting up to 15% of headcount (~20,000 jobs) by 2027 (investing.com).
  • The Sunderland plant, employing around 6,000 people, remains operational and may even see more electric model assembly amid consolidation of production lines (just-auto.com).

References

Frequently Asked Questions

How many jobs will Nissan cut in Europe?
Nissan is planning to cut about 10% of its workforce in Europe.
Which Nissan plant is affected by the restructuring?
The UK's Sunderland plant is affected, with two production lines set to be combined.
Why is Nissan cutting its workforce in Europe?
The job cuts are part of Nissan's broader global restructuring strategy.
Who reported on Nissan's workforce cuts?
The Financial Times reported on the planned workforce cuts.

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