Job security refers to the probability that an individual will retain their employment over a relatively long period. It is a significant aspect of the employment relationship and is influenced by various factors, including the stability of the employer, the economic environment, the employee’s skills and performance, and the overall job market conditions. Job security provides reassurance to employees that they are less likely to face involuntary unemployment, allowing them to make long-term plans regarding their finances, career, and personal life. High job security typically fosters a sense of loyalty and commitment to the employer, while low job security can lead to stress, anxiety, and decreased job satisfaction. In summary, job security encompasses the assurance of continued employment and the absence of fear regarding job loss.
Nissan preserves all five domestic manufacturing plants, emphasizing resilience and adaptability. This strategic decision supports workforce stability amid globalization and technological shifts. Nissan opts for restructuring over plant closures, reinforcing…