Monday, June 2, 2008

Strong sales not enough to save Nissan jobs


nissan-versa.jpg

This seems to be the trend as of late and Nissan Canada is joining the club. The Japanese automaker recently announced that it has cut close to 10 percent of its employees despite record-setting sales performance.

Nissan Canada’s head office, located in Mississauga, is filled with a modest number of employees and roughly 25 of those people have taken buyout packages, reducing office staff to about 270 people.

The cuts took effect last month, which was coincidently the single best month for vehicle sales in the company's history in Canada and followed a 14.5 percent jump in sales last year to 76,446 vehicles.

0 Comments: