TOKYO — Nissan Motor Co. Ltd.'s recent announcement to shave an unprecedented 21,000 jobs from its workforce has the power to shake Japan's auto industry to its foundations, most analysts agree. Nissan's bold move, executed by Chief Operating Officer and former Renault SA executive Carlos Ghosn, not only signifies the first major step in the automaker's sweeping economic restructuring effort. It also represents the final nail in the coffin for Japan's system of lifetime employment. ...
Premium Content (PAID Subscription Required)
"Nissan deals deathblow to Japan's job-for-life policy" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.