What impact

Nissan in the last couple of years have had payouts to lower the number of workers. That was when the economy was simply shaky. Now that the economy is suffering a full scale seizure the worst has happened.

Today Nissan announced that there would be 20,000 workers worldwide laid off. As of now the specific site of those layoffs are still unknown, so a lot of people in Smyrna are worried...and rightly so.

A Nissan spokesman in Franklin says the company is not yet saying if its job cutting will include employees at plants in Tennessee and Mississippi.

Nissan spokesman Fred Standish said the locations will be announced "hopefully very soon."

Japan's third largest automaker announced Monday in Tokyo that 20,000 jobs are being cut by March 2010 as the company deals with its first annual loss in nine years.

About 12,000 of the job cuts will be in Japan, including group companies.

That means 8,000 elsewhere and that means Smyrna likely will get hit with a few of those numbers. The layoffs will be done by March 2010, so do not expect massive hits immediately.