Nissan, hurt by US and Chinese sales, slashes 9,000 jobs globally; CEO to cut pay in half
TOKYO — Nissan Motor will cut 9,000 jobs and 20% of its global manufacturing capacity, the automaker said Thursday, as it scrambles to reduce costs by $2.6 billion in the current fiscal year amid a sales slump in China and the U.S.
Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a ...
Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and ...
Nissan is making tough cuts to stay competitive as it battles a steep drop in global sales. On Thursday, the Japanese ...
Newsweek on MSN1d
Nissan Cuts 9,000 Jobs Amid Declining Sales and Rising CostsNissan, the Japanese automaker, announced it will cut 9,000 jobs— six percent of its 133,000 global workforce— after ...
Nissan has said it will lay off thousands of workers as it slashes global production to tackle a drop in sales in China and ...
Nissan is cutting 9,000 jobs globally in an effort to cut costs, the Japanese automobile giant said in an earnings ...
The Associated Press on MSN1d
Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sellNissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned.
With profits disappearing, Nissan is embarking on a plan to transform the company by slashing costs and making cars people ...
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