Nissan U.S. operations to remain closed on January 2nd and 3rd, 2020

Nissan U.S. operations to remain closed on January 2nd and 3rd, 2020

Christmas is going to end a little later this time around for the Nissan workers in the US. The reason? Well, the slump in the auto industry is a well-known phenomenon, and Nissan has been hit just as much as other automakers around the globe. So, in order to save money, Nissan is basically forcing its workers to take time off work without pay and spend the 2nd and 3rd of January 2020 at home. Moreover, Nissan itself has confirmed that the news is valid and its U.S. operation will indeed remain closed on January 2 and 3, 2020.

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"To optimize business performance and competitiveness, Nissan North America will implement two office closure days in the U.S. on January 2 and January 3, 2020. Nissan dealers will operate as normal,” said a Nissan spokesperson. The forced and unpaid holidays include each of the hourly and salary workers who work at the manufacturing facilities and the corporate offices. Around 14,500 people are to be affected by the closure.

Nissan Sales US

Nissan has cited that the two-day off will help it in optimizing business performance and competitiveness. Since the Japanese automaker will save quite a few million dollars due to the holidays, the financial crisis happening inside the automotive industry has also been reflected. Nissan's sales for November declined by 15% as compared to the same month in 2018, which further indicates that the automaker is keen on saving every possible cent.

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"Automakers are under increasing cost pressure as moving forward on EVs and autonomous vehicles is cost-intensive, while revenue and profits from those projects are still years away. Nissan is also faced with struggling U.S. sales, which impacts today’s revenue. The move may be a bit unorthodox, but may have the opportunity for a quick, short-term impact with less pain for employees than some other solutions may require,” said IHS Principal Automotive Analyst Stephanie Brinley while responding to a leading auto news house.

Also read: 2020 Nissan Rogue Sport given a price tag of $23,240

Purva Jain

Purva Jain

Purva is a crazy admirer of cars and she has got a lot of expertise in their detailing. Though, she has mastered in Economics but cars have always been her field of interest. She is an introvert in talking but when it comes to cars and the latest news regarding them she talks like hell. Exploring new cars as well as the vintage machines is listed in her hobbies while getting to know about the history behind the same are the things which she enjoys the most. She may seem silent from the outside but inside her is a volcano erupting to engulf the mean machines.

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