Nissan said yesterday morning they will cut 9k jobs in anticipation of tariffs πΊπΈ/ π―π΅ on imported cars π- others will follow for sure - trade wars on a massive scale are about to start
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GM has massive layoffs this morning! All the way up to corporate and level 8+
As you can see here...
TDS is real.
2025 will be fun to watch.
All across the border layoffs at many companies. OEM and tier.
Just in time for the holidays.
Trump always shows favoritism to his friends.
Red States will be exempt.
The only thing I care about is that we will see unemployment if Trump impliments tariffs, anti trust and labor deportation. Hope it occurs in the red states.
Maybe Carlos Ghosn will come back to clean up the mess. "All is forgiven"
Don't you guys hate getting information from people who guess with authority?
Nothing like actual facts from the source:
"Where Are Nissan Models Made?
Nissan has three production plants in Southeastern America.
- The 37-year-old Smyrna Plant in Smyrna, Tennessee
- The 17-year-old Nissan Canton Vehicle Assembly Plant in our home state of Canton, Mississippi.
- The Decherd Powertrain Assembly Plant in Decherd, Tennessee has built strong, capable Nissan engines for 23 years."
*https://www.columbusnissan.com/Nissan-Made-in-America-Columbus-MS
Nissan just has 2 small US plants that I know. Most product is imported
Sure buddy. No company is going to take action that drastic based on speculation of future policy that hasn’t been approved or legislated. Current conditions are the driver.
Misiformation.
The layoffs have zero to do with tariffs, which incedentally do not exist.
Read: "Nissan dealerships across the U.S. are grappling with a steep decline in profitability, marking the lowest levels seen in nearly 15 years."
Lower sales in China and the US... No surprise that cuts are in play.
It is not tariffs
https://www.detroitnews.com/story/business/autos/foreign/2024/11/08/nissan-shares-tumble-after-cutting-9000-jobs-and-halving-ceo-pay/76126968007/