Buyouts offered at Tennessee factories

Nissan Motor Co., citing overproduction at its vehicle and engine assembly plants in Tennessee and fewer retirements, said Tuesday that it's offering buyouts to get about 300 employees to leave voluntarily.

[Carman]

Over production? Finally an Asian automaker is honest about the overcapacity. Every Asian maker is over producing. Every dealer has a full lot. Where is an end to the madness? It looks like Nissan is being realistic. Everytime the Big 3 close a plant, the foreign transplants build another plant. It's one thing to be ambitious, but continued expansion by Asian brands doesn't make good business sense. China's automotive exports will make it even worse. Nobody cares.

[Tom Loy]

Carman wrote:

Over production? Finally an Asian automaker is honest about the overcapacity. Every Asian maker is over producing. Every dealer has a full lot. Where is an end to the madness? It looks like Nissan is being realistic. Everytime the Big 3 close a plant, the foreign transplants build another plant. It's one thing to be ambitious, but continued expansion by Asian brands doesn't make good business sense. China's automotive exports will make it even worse. Nobody cares.

You are correct about that. With jobs being shifted overseas, who do they expect is going to be buying all these $30000 vehicles? GM, Ford, and Chrysler are moving production to mexico and china. Engineering jobs are going to China and India. There is currently a lack of IT workers in the US.

[Nissan worker]

Rumor has it that the TR-4cyl engine is going to Mexico.Word in the Smyrna plant is when that happens the Decherd engine plant is Gone,History!!!!!!!!!!

[UK Nissan Worker]

Its the same over here in the UK, they are offereing Seperation By Agreement Packages to get the costs down, and replacing long time workers with less paid temporary workers. They are doing this to get the Costs down but also they will be Closing this place in a few years with Jobs going to Russia, China and India.
By taking on more and more temp workers, they have no pensions, health expenses to pay and when they do close it those people on short term contracts will not be entitled to any kind of redundancy package.
Its gonna happen all over the western world, why pay for skilled and experienced workforce when they can get cheap east eurpoean, and asain sub continent workers for only one twentieth of the cost.
And you are probably in the same boat as us, where you union is ineffective

[Azabache]

There IS NOT a lack of IT workers in the US. Many are not able to get jobs because they want to bring in the H1-B folks and pay them little while working here.

[Nissan worker]

We don't have a union.So I guess all those anti union people will have to blame it all on upper management or someone else.Temps are what Nissan wants in all of their plants.Its all about the numbers anyway!!!!!!!!!!

[Jimmy B]

Azabache wrote:

There IS NOT a lack of IT workers in the US. Many are not able to get jobs because they want to bring in the H1-B folks and pay them little while working here.

The law requires we pay them the same as us, the trick is they call them entry level and give them
PhD level work and a lot of them are PhD's or PhD
candidates. So your $100,000+ job is getting done for $40,000 or so. I was a victim of this and it's only going to get worse in my opinion.