Nissan cuts 1,000 jobs in Thailand to cope with declining performance

According to Kyodo News, Nissan plans to lay off about 1,000 employees in Thailand by the fall of 2025, as part of its global layoff plan of 9,000 employees. Due to the competitive pressure from Chinese electric vehicle brands, Nissan's sales in the Thai market continued to decline, down 29.7% year-on-year to only 14,224 vehicles in 2023. In response to this challenge, Nissan has begun to adjust its operations in Thailand, including transferring part of production from the aging first plant to the second plant, but has not closed any plants.