Nissan is reducing its production capacity and workforce in Tennessee and Mississippi plants. Here's what to know.

Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 billion in costs globally.

The company is not planning for involuntary layoffs and is part of its initiative to cut down global costs by $2.6bn.

The potential merger with Honda likely can’t come soon enough for Nissan. It’s looking to cut its workforce and plans to reduce production of two of its most important models as sales slide.

Japanese automaker Nissan is slimming down its production in the U.S. and offering buyouts to workers in a push to cut jobs after reporting losses during the last quarter. Nissan is offering voluntary separation packages to employees at assembly plants in Smyrna,

Nissan will operate a single shift on one production line at each of its two U.S. facilities, located in Smyrna and Canton, Mississippi, according to Bloomberg. It expects to go back to a two-shift schedule when it introduces new vehicle models in 2027 and 2028. The production cuts impact the Rogue in Smyrna and the Altima in Canton.

Nissan is cutting shifts at its Smyrna plant and offering buyouts to some workers.

Nissan Motor is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker’s urgent efforts to return to profitability

Nissan is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker’s urgent efforts to return to profitability. The move is part of Nissan Motor Corp.