Almost 10% of Nissan's workforce will be culled by march 2010. The company is expecting to make a huge loss of £2 billion during the current financial year.

A cut in working hours and possible pay freezes are also on the cards.

Nissan's Car Sales were down by an unprecedented 18.6% compared to the previous year.

Car sales across the entire industry have dropped massively and other motor firms have been announcing their own cuts.

Comment on Nissan
Do you know more than the above announcement? Have an opinion?

Free Redundancy Advice
If you are concerned about redundancy from Nissan, or any other company and have a question for the forum Employment Law & HR experts, ask it here.