Nissan Thailand to lay off 1,000 workers
Nissan Motor Co. is expected to lay off or transfer approximately 1,000 employees in Thailand by the fall of 2025 as it faces declining profits.
According to sources close to the developments, this move aligns with plans to reduce the global workforce by seven percent, or about 9,000 employees, by fiscal year 2026, which ends in March 2027.
Despite having dominated the Thai market for a long time, the presence of electric vehicle models from the Chinese market appears to have challenged the position of several Japanese automakers.
In recent years, Nissan has experienced a sharp 29.7 percent decline in sales, with only 14,244 vehicles sold in fiscal year 2023.
In Thailand, Nissan’s factory produces four models for the domestic market and export, including the Nissan Kicks SUV.
In addition to Thailand, Nissan is also expected to reduce its workforce by approximately six percent, or about 1,000 employees, in the United States by the end of this year.
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