Nissan Offers Buyouts to US Workers, Halts Pay Rises: Reuters

Nissan has begun offering buyouts to US workers and halted merit-based pay increases globally, Reuters reports, citing internal documents.

• US buyouts taking place at its Canton plant in Mississippi
  • Also to salaried workers in human resources, planning, information technology and finance
  • The plan is “crucial for Nissan’s comeback,” Nissan Americas Chairman Christian Meunier said in an email seen by Reuters
• Nissan’s North America unit is offering a voluntary separation program to a limited group of salaried employees, the automaker told Reuters in a statement
  • Declined to give Reuters further details

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