Why Nissan shuts Barcelona Plant, 2800 Job cuts? | UK Market Update

  • May 28, 2020 BST
  • Team Kalkine

EasyJet is to cut up to 30% of its workforce as it struggles to cope with the collapse in demand for air travel caused by the coronavirus pandemic. The airline did not say exactly how many jobs would go, but it employed 15,000 people at the start of 2020. Pilots' union Balpa reacted angrily, describing the move as an "ill-considered knee-jerk reaction". EasyJet, which has big operations at Gatwick and Luton airports, confirmed it would restart flights on 15 June.

The cinema chain closed its doors on March 17, just ahead of Boris Johnson's coronavirus lockdown announcement on March 23. Odeon and Vue closed their doors on the same day, after the Prime Minister said people should avoid socialising, including going to the cinema and the pub.

Nissan is closing its factory in Barcelona with the loss of about 2,800 jobs, according to the Spanish government. The move is part of a world restructuring due to be unveiled later by the Japanese carmaker. The closure could cost Nissan, which has a major UK plant in Sunderland, up to €1bn (£898m), the government said. Car sales have been hit by the virus pandemic, while manufacturers are investing heavily in electric vehicles. Nissan is part of a three-way alliance with Renault and Mitsubishi, which are restructuring global operations to enable them to work more closely. In April, Nissan said that it expected to post an annual operating loss of up to 45bn Yen (£340m).

#joblosstrauma #Nissan #Barcelona #Kalkine

 


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