Japanese automaker joins other automakers in pointing to new U.S. tariffs as weighing on their financial results.

Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss for the fiscal year that just ended amid slipping vehicle sales in China and other nations.

The Japanese car maker has said it will cut 11,000 more jobs than originally planned, having announced initial restructuring plans in November.

After announcing massive layoffs and factory closures, Nissan said its Tennessee and Mississippi factories remain important to the company.

The struggling automaker, still going it alone after the failure of merger talks with Honda, has confirmed plans to cut 20,000 jobs in the next few years, including 9,000 announced in November. It will also shut seven of its 17 factories by 2027,