Nissan Offers More Buyout Consideration
Nissan is giving workers an extra chance to consider their buyout options. Workers at the two Tennessee plants who were offered buyouts have been given another month to reconsider their decisions.
Nissan’s North America spokesman Steve Parrett said that workers at the plants in Smyrna and Decherd have until the middle of November to withdraw from the company’s buyout program because they may want additional time to reconsider in light of the economic slowdown. It is a classy move from a generally classy company, as they realize the impact that these times can have on average families. The buyout may no longer look so lucrative or enticing under the current conditions.
Nissan announced the buyouts back in July with the goal of cutting around 1,200 employees. Workers with fewer than 15 years on the job were offered lump sum payments of $100,000, while those who have worked longer would get $125,000 in lump sum payments.
Nissan has still not disclosed the amount of workers who have accepted the buyouts, but it is expected that there was a significant number of workers to do so. By offering more time for consideration, Nissan proves their mettle as a compassionate, caring company.
For more information on Nissan and its policies or any of the fine Nissan cars or trucks, drop by your local dealer or check out the Nissan website online.
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