Nissan increases job cuts to 20K
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Nissan Motor Co. has unveiled plans for a sweeping ... According to company leadership, two-thirds of the latest job cuts will target manufacturing operations, while the remaining reductions ...
Nissan has announced plans to slash tens of thousands of jobs, which will account for about 15% of its global workforce. In addition to the job cuts, it will also close seven of its 17 auto plants.
Nissan will cut an additional 10,000 jobs, on top of the 9,000 already announced earlier this year. The Japanese automaker is facing serious challenges after posting deeply negative financial results.