Job losses feared in SA as Nissan reportedly considers closure of Rosslyn plant
It's reported that the Japanese carmaker is planning plant closures in several countries, including South Africa.
Nissan engine. Pexels/hh meddia_
702's Gugs Mhlungu is joined by resident motoring enthusiast Kumbi Mtshakazi.
Nissan is considering closing down plants in a number of countries as part of a global turnaround strategy, Reuters reports.
The Japanese car manufacturer's Rosslyn plant in South Africa is believed to be on the list of 7 production facilities set to close over the next 2 years.
However, Nissan SA says it’s not able to confirm whether the Gauteng-based plant will indeed be affected, according to cars.co.za.
The local business is quoted as saying it's currently 'conducting a detailed assessment' of the situation.
Nissan’s global cost-cutting drive is aimed at reducing its workforce by 20,000 employees between its 2024 and 2027 financial years, which includes a previously announced 9,000 job cuts.
RELATED: Struggling Nissan to cut 10,000 more jobs: media
The National Union of Metalworkers of SA (Numsa) has expressed concern about the possible closure of the Rosslyn plant, and said it's planning to meet Nissan SA to get clarity on the situation.
Around 400 employees already lost their jobs when the facility stopped production of the NP200 in March last year.
Talking to Gugs Mhlungu, 702 resident motoring enthusiast Kumbi Mtshakazi highlights Nissan's failing financial fortunes.
"Nissan suffered a revenue loss of around R89 billion revenue loss in the last financial year. Now there's word they're closing seven plants around the world; interestingly enough some of those too are in Japan, and then we're looking at plants in Mexico, India, Argentina, and SA."
Kumbi Mtshakazi, 702 Resident Motoring Enthusiast
"It would be a sad development, considering Nissan has been such a loved brand in South Africa."
Kumbi Mtshakazi, 702 Resident Motoring Enthusiast
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