Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a ...

The Japanese carmaker is embarking on a turnaround plan that includes cutting global production capacity by a fifth.

Nissan Motor Corp.'s global workforce reduction was equal to about 6 percent of its payroll of 133,000 employees. The company ...

Nissan Motor said it would slash 9,000 jobs and cut global production capacity by a fifth, while revising its annual profit ...

Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking ...

Japanese automaker Nissan has announced a major restructuring, including a global reduction of 9,000 jobs, as it grapples ...

Nissan did not specify if its job cuts will include any U.S. workers, while affected Stellantis employees all work in Ohio.

Around 9,000 job cuts are expected at Nissan, about 20% of its global manufacturing capacity, as per the automaker.

Nissan’s job cuts to affect 9,000 employees and CEO Makoto Uchida is also expected to forfeit half of his pay starting this month.

Nissan’s struggle to cope with tougher car industry conditions and address weaknesses within its business has spiraled.

Nissan's chief executive acknowledged the company didn’t respond quickly or flexibly enough to global changes, including ...