Nissan In A Tailspin - Will Furlough US Employees For Two Days At Year End

Nissan In A Tailspin - Will Furlough US Employees For Two Days At Year End

Nissan is doing worse than expected in the U.S., and its North American chairman is taking steps to cut costs across the company, slashing employee travel expenses and putting the entire U.S. organization on two days of unpaid furlough next month.

"While we've made some positive progress, Nissan's performance has fallen short of our expectations," Nissan North America Chairman Jose Valls said in a memo to employees this week that was obtained by Automotive News.


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Car4life1Car4life1 - 12/5/2019 8:12:03 PM
+4 Boost
Yup I miss the 90’s to early 00’s Nissan when the Maxima was the most fun affordable family sedan, the Pathfinder was on fire, the 350Z was a decent sports car

Infiniti was releasing hit after hit via the G35 sedan/coupe with that sexy exhaust note, the FX was the BEST SOUNDING SUV putting the Germans/Americans to shame for affordable prices

And the grand finale, Godzilla was born...little did we know it was the beginning of the end, CVT’s, lack luster designs, poor product planning and positioning

I was rooting for them, competition is a good thing, hope they find their way again




dumpstydumpsty - 12/6/2019 4:39:27 PM
+2 Boost
Is it furlough or timed shutdowns?

but anyhoo....yes, they had seemed to be doing fine 10 years ago. then most of their lineup got stale & noncompetitive. They've had these nice swoopy concepts but no follow-up. they finally ok the awd tt-v6 for the Q50 but 5 years too late. they let the FX/QX70 languish while EVERYBODY else developed brand new small & midsize CUV's & SUV coupe's that now run rings around Infiniti.


PUGPROUDPUGPROUD - 12/5/2019 4:30:57 PM
+2 Boost
When the Carlos Ghosn scandal hit the fan the inner workings at Nissan started coming apart as executives chose up sides betting their careers on what the outcome would be. Dissension and infighting at the top resonates throughout a corporation with employees trying to figure out who is in charge and who the winners or losers are going to be. Important decision making grinds to a halt.


DutchmanDutchman - 12/5/2019 5:00:18 PM
+2 Boost
While I agree with you somewhat Pug, VW weathered a much bigger scandal including top down rot that had to go. But despite dieselgate VWAG will be stunningly profitable this year thanks to it's ownership of so many other platform shared brands. The Germans are much better at dealing with crisis than Japan is. Remember Gung Ho?


carloslassitercarloslassiter - 12/5/2019 5:31:15 PM
+2 Boost
As a business owner, I put myself on furlough every Wednesday starting on the first tee at 8:15.


MDarringerMDarringer - 12/5/2019 7:36:28 PM
+4 Boost
Nissan's #1 problem is that is has ugly products that are based on garbage-quality French turds from Renault. Nissan needs to get the hell away from the idiots at Renault.


pchera01pchera01 - 12/5/2019 7:57:48 PM
+2 Boost
I love Nissan for being alternative to Toyota, its cheap and reliable but not as good as Toyota. Its sad to see them failing
Now, new GTR will be a history again...


MDarringerMDarringer - 12/6/2019 6:31:13 PM
+1 Boost
"Nissan quality" is an oxymoron.


ricks0mericks0me - 12/6/2019 9:32:53 PM
+2 Boost
I wonder if the top brass are giving up 2 days of pay?


GeorgeDGeorgeD - 12/6/2019 11:00:27 PM
+1 Boost
No, they'll get 2 extra days of paid vacation. :)


MDarringerMDarringer - 12/6/2019 9:56:34 PM
+2 Boost
Time to kill Infiniti.
Time to kill the Titan.
Time to kill the 370Z
Time to kill the Frontier.
Time to replace the CVT that is costing them big time with a real automatic.
Time to fire their styling department.


arrowmgarrowmg - 12/7/2019 10:21:34 PM
+1 Boost
get rid of cars they said.
build cvt based suvs/cuvs they said, it'll be fun they fun said.


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