LONDON, May 5th. The Japanese automaker Nissan will eliminate 10% of its jobs in Europe and merge two production lines at its plant in Sunderland, UK, according to the Financial Times newspaper.

The newspaper reported that approximately 900 employees in the UK, Spain, and France could be laid off out of a total of 9,300 employees in Europe. The automaker is currently "in discussions with the Chinese company Chery and other potential partners regarding the production of cars using the plant's available capacity," the newspaper stated.

The restructuring aims to address the financial difficulties the automaker is facing, according to the newspaper.

Nissan declined to comment on the ongoing negotiations, but acknowledged that it is exploring "opportunities with third parties to maximize the use of the plant." Such measures are necessary "to protect the future of Nissan in Europe, to ensure the long-term security of jobs, and to ensure that we can compete profitably in Europe," the company added.

TASS/gnews.cz