Nissan to shrink design operations in London, plans to shutter other studios due to cost-cutting measures
Nissan Announces Major Cost-Saving Plan, Including Closure of Design Centers
Nissan has announced a significant cost-saving plan that involves the closure of several design centers across the globe. This plan, unveiled earlier this year, aims to streamline the company's operations and reduce expenses.
As part of this plan, Nissan will be closing its design centers in California and São Paulo, Brazil. The company's design studio in London is also set to be downsized, with a likely reduction in the workforce. The Paddington studio, a Nissan design center that celebrated its 20th anniversary in 2023, is expected to be affected by these changes.
The responsibility for the staff reduction at the London design studio lies with Nissan itself. However, no specific individual or management group has been named in the available sources. It's important to note that this decision is unrelated to the recent sale of Mercedes-Benz's stake in Nissan.
In addition to the closures and downsizing, Nissan is also scaling back its operations at its design headquarters in Japan. This is another measure aimed at achieving cost savings under the company's wider restructuring plan.
Despite the expected changes, Nissan has not yet confirmed the details of the workforce reduction or the exact timeline for the closures and downsizing of its design centers. The company is currently undergoing a period of significant change, and these moves are part of a broader strategy to ensure its long-term sustainability.
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