Nissan to cut 11,000 more jobs and shut 7 factories
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Nissan is slashing about 15% of its global workforce, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping vehicle sales in China and other nations,
Nissan is slashing about 15% of its global workforce, or about 20,000 employees ... be done by March 2028 include the 9,000 head count reduction announced last year. Nissan also previously ...
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GlobalData on MSNNissan targets return to profitability in FY2026Nissan Motor Company reported a net loss of JPY 671 billion (US$4.55 billion) in the 2024 fiscal year (FY2024), which ended on 31 March 2025, slightly better than the JPY700 billion-JPY 750 billion it had forecast in February but still a massive loss nevertheless.
Nissan Motor plans significant global job cuts, reducing its workforce by 15%, as it faces major financial losses. The Japanese carmaker anticipates a record net loss due to impairment charges for the financial year ending in March.
Nissan Motor Company (Nissan) has announced a sweeping restructuring plan in response to significant financial challenges. On Tuesday, the automaker revealed its intention to shutter seven global factories and lay off approximately 20,