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Nissan to shut 7 factories and slash 20,000 jobs globally

Nissan slashes 15% of its global work force as the Japan automaker sinks into losses

Nissan is slashing about 15% of its global work force, 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,

PA Media on MSN · 11h

Nissan to shut seven factories and slash 20,000 jobs globally

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

TheTruthAboutCars.com on MSN · 1d

Nissan Eying Up to 20,000 Global Job Cuts In Turnaround Effort

Nissan announced that it would ramp up U.S. production of the Rogue in response to President Trump’s tariffs on imported vehicles, but the automaker’s global operations are taking a harder hit. The company said it plans to slash around 20,

Honda and Nissan Forecast Plunges in Profit

The New York Times · 3h

Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit

Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United States.

Reuters · 9h

Nissan takes axe to costs after tough year; Honda sees profit falling

Nissan unveiled sweeping new cost cuts on Tuesday, saying it would eliminate 11,000 more jobs and slim down production, capping a tumultuous year that has left the Japanese automaker fighting to turn itself around.

The Wall Street Journal on MSN · 9h

Honda, Nissan Expect to Be Hit Hard by U.S. Tariffs

Two major Japanese automakers have warned that earnings will be hit hard by U.S. tariffs, underlining the risk of an industrywide downturn that could stunt Japan’s economic recovery.

3hon MSN

Nissan to shut 7 plants, cut 20,000 jobs

Japanese automaker Nissan said it will shutter 7 plants and cut thousands of additional jobs in a second round of job cuts ...

4hon MSN

Nissan to cut 11,000 more jobs and shut seven factories

Japanese carmaker Nissan has said it will cut another 11,000 jobs globally and shut seven factories as it shakes up the ...

25m

Nissan to cut 20K jobs, or 15% of global workforce

Nissan has announced plans to slash tens of thousands of jobs, which will account for about 15% of its global workforce. In ...

The Manila Times on MSN3h

Nissan to suspend operations at some domestic plants as part of restructuring, Nikkei says

Japan's Nissan Motor has decided to suspend operations at some domestic factories as part of a business restructuring effort, ...

10hon MSN

Nissan to cut 20,000 jobs as Trump's tariffs complicate plans to escape its financial crisis

The beleaguered Japanese giant said on Tuesday it would cut 20,000 jobs and close seven factories by 2027 as it slips deeper ...

Electrek2h

Nissan pulls the plug on +$1 billion EV battery plant and more as the alarm bells go off

As it scrambles to turn things around, Nissan is scrapping plans to build a new LFP battery plant in Japan. The facility was expected to be key to reducing EV battery costs to keep up with leaders ...

4hon MSN

Nissan layoffs: Company to slash another 11,000 jobs, close 7 plants

The new layoffs will bring Nissan's total workforce cuts to about 20,000 jobs. Last year, the automaker announced plans to ...

Nissan more than doubles layoffs to around 20,000

Nissan unveiled sweeping new cost cuts Tuesday, saying it would eliminate 11,000 more jobs and scale back production, capping a tumultuous year that has left the Japanese automaker fighting to turn ...

36m

Nissan to cut 11K more jobs, shut down some plants. What to know in Tennessee

Nissan is experiencing a perfect storm of issues causing the automaker to struggle with sales and operating profit. So how (if at all) does this affect Tennesseans? What we know.

Kyodo News on MSN11h

Nissan logs 670.9 bil. yen net loss in FY 2024

Nissan Motor Co. said Tuesday it logged a net loss of 670.90 billion yen ($4.5 billion) in fiscal 2024, grappling with poor ...

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