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Further update on Nissan

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26 January, 2000Japanese trade unions march in Tokyo to protest the restructuring plan and job cuts.

JAPAN: As the IMF reported in 1999, Renault and Nissan have formed an alliance and a Renault executive has become the chief operating officer of Nissan. Late last year, the new Nissan management announced a corporate restructuring plan that included extensive job cuts. Since then, the IMF-affiliated JAW and Nissan unions have been negotiating with management.
These negotiations have addressed key aspects of the restructuring plan. Concerning the proposed closure of the Murayama and Kyoto plants, the unions are seeking an equal sharing of the burden of adjustment, the prevention of non-voluntary retirements, improved conditions for those transferring to other jobs, and local jobs for those who are not able to transfer for family or economic reasons.
The proposed restructuring plan would also have important consequences for regions and supplier companies. The IMF's affiliates are demanding that Nissan conduct research on these implications and keep all those concerned fully informed. The unions insist that Nissan Motor should bear the responsibility for the future of the supplier companies as well as the employment of their workers.
Within the last week, there have been demonstrations to protest the restructuring plan and the job cuts. The IMF strongly supports the struggle of Nissan workers to safeguard their jobs and its affiliates' negotiations for the best possible conditions for the workforce of Nissan Motor and its suppliers.