Nissan to cut over 10,000 more jobs globally, NHK reports
- Nissan announced plans to cut more than 10,000 jobs worldwide, doubling total layoffs to about 20,000, representing 15% of its workforce.
- The layoffs follow a November restructure aimed at cutting 9,000 jobs and reducing production capacity by 20% due to weak sales in China and the US.
- Alongside job cuts, Nissan will close a plant in Thailand, two other unidentified facilities, and cancel a $1.1 billion electric vehicle battery factory in Kyushu.
- CEO Ivan Espinosa said Nissan expects a net loss of $4.74 billion to $5.08 billion for the fiscal year ended March, citing impairment charges and restructuring costs.
- These measures reflect Nissan's efforts to stabilize amid intensified market challenges and a shrinking competitive environment in key regions.
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Nissan to cut over 10,000 more jobs | Honolulu Star-Advertiser
TOKYO >> Nissan Motor will cut more than 10,000 jobs globally, bringing the number of layoffs, including those previously announced, to about 20,000 or 15% of its workforce, Japan’s public broadcaster NHK reported today.


Major car brand plans to cut THOUSANDS more jobs as they nurse huge losses
A MAJOR car manufacturer is planning to axe tens of thousands of jobs globally. Japanese car giant Nissan revealed today that they will be cutting 11,000 roles worldwide, according to a report by Japanese broadcaster NHK – just months after the brand had already announced plans to cut around 9,000 jobs GettyNissan revealed they are set to lose £4 billion after axing 9,000 jobs earlier this year[/caption] PASome 6000 workers at Nissan’s Sunderlan…
Nissan to slash 20,000 jobs worldwide as uncertainty looms over future of Sunderland factory
Nissan is preparing to cut nearly 20,000 jobs globally as the Japanese car giant battles to turn around its ailing fortunes.The company plans to axe a further 11,000 roles on top of 9,000 already announced, according to reports on Monday.These stark figures underline the scale of the crisis facing the automaker, which is nursing huge losses.The combined redundancies represent around 15 per cent of Nissan's entire workforce. The job cuts will uns…
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