Nissan Reduces U.S. Production and Offers Worker Buyouts

The automaker is cutting shifts at key U.S. plants and seeking voluntary buyouts as part of a global plan to streamline operations and address financial losses.

Nissan will eliminate one shift at production lines in Smyrna, Tennessee, and Canton, Mississippi, starting in April and September, respectively.
Voluntary buyouts are being offered at three U.S. facilities, though the company has not disclosed the number of workers it hopes will accept the offers.
The adjustments are part of a broader global strategy to cut 9,000 jobs and reduce production capacity by 20% following a $60 million quarterly loss reported in November 2024.
The Decherd, Tennessee, engine plant will not see shift reductions but will adjust line speeds to improve efficiency.
Nissan and Honda are in discussions to form a joint holding company by 2026, aiming to strengthen competitiveness in the evolving automotive market.