(Reuters) - Nissan Motor will close its design centers in California and Sao Paulo and scale back operations in London and Japan as part of a realignment of its global design organization, the company
Nissan to Close Design Studios in US and Brazil, Scale Back in London and Japan
Nissan's Global Design Restructuring
(Reuters) - Nissan Motor will close its design centers in California and Sao Paulo and scale back operations in London and Japan as part of a realignment of its global design organization, the company said on Tuesday.
The Japanese automaker said the restructuring, which will be completed by the end of fiscal 2025, is aimed at streamlining its design operations.
The changes, part of its broader "Re:Nissan" plan, will consolidate its design organization into five hubs: Los Angeles, London, Shanghai, Tokyo and Japan's Atsugi.
Closure of Design Centers
Nissan said its Los Angeles "Studio Six" will become its primary U.S. design hub, while London will continue to support the automaker's Africa, Middle East, India, Europe and Oceania regions in collaboration with partner Renault.
Impact on Operations
The company did not disclose how many jobs would be affected.
Future of Design Hubs
Nissan CEO Ivan Espinosa, who took over in April, in May unveiled the "Re:Nissan" turnaround plan to restore profitability. It included measures such as cutting global production capacity to 2.5 million vehicles from 3.5 million and manufacturing sites to 10 from 17 by fiscal 2027.
(Reporting by Surbhi Misra in Bengaluru; Editing by Alan Barona)
