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Hundreds in Spain protest Nissan job cuts
BayBak, Azerbaijan | 1652 days ago | Wednesday, 12th November , 2008 , 00:55 [am] | International
|.|| Some threw eggs, publicity hoardings and other objects at the building as the demonstrators blocked the city’s Gran Via avenue for about one hour.
Nissan plans to cut
Hundreds of people demonstrated in front of the offices of Japanese automaker Nissan in the northeastern city of Barcelona on Tuesday to protest its plan to cut 1,680 jobs in Spain.
Some threw eggs, publicity hoardings and other objects at the building as the demonstrators blocked the city’s Gran Via avenue for about one hour.
Nissan plans to cut 1,288 jobs in 2008 and a further 392 next year in two factories in Barcelona, according to a details of the plan presented to a works committee on Monday.
In announcing the cuts in October, Nissan blamed “the global economic crisis that has caused a dramatic decline in industrial output.”
Nissan, in which France’s Renault holds a controlling stake, is Japan’s third-largest automaker and currently employs 6,100 people in Spain.
US automaker General Motors and Spain’s Seat have also announced job cuts in Spain due to the crisis.
Sales of new cars in Spain plunged by 40 percent in October from the same month last year, as the country’s once-booming economy is pummelled by a property slump and the global financial crisis.
The country is now on the brink of recession after its economy shrank 0.2 percent in the third quarter.
The number of unemployed also rose by 7.3 percent in October from the previous month, the biggest-ever monthly increase since records began.afp, Voice of a Nation