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 is cutting 9,000 jobs globally in an effort to cut costs, the Japanese automobile giant said in an earnings ...
Shares of Japanese automaker Nissan tumbled as much as 10.12%, a day after the company posted downbeat quartely results and ...
Nissan has said it will lay off thousands of workers as it slashes global production to tackle a drop in sales in China and ...
The Associated Press on MSN3d
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.
After my third time driving a Nissan Ariya, I decided to drive it long-distance to test its range — I was pleasantly surprised.
With profits disappearing, Nissan is embarking on a plan to transform the company by slashing costs and making cars people ...
Nissan is making significant cuts as it grapples with declining sales and profitability challenges—mainly, that the company ...
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