Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle "a severe situation". The company reported a 93 percent plunge in net profit in the first half as CEO Makoto Uchida told reporters that weak sales…

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

TOKYO: Nissan said it would slash 9,000 jobs and cut global production capacity by a fifth, while revising its annual profit outlook sharply lower as it battles headwinds in China and the United States. Japan's third-largest automaker cut its annual operating profit forecast by 70 per cent to 150 billion y

Japanese carmaker Nissan says it will cut 9,000 jobs globally, after net profit in the April to September period plunged 93.5% year on year. The company has struggled with weak EV sales in China and…

Things are not looking good over at Nissan, with Japan’s third-largest automaker announcing that it is set to cut 9,000 jobs – or around 6.7% of its 133,580 global workforce – as it grapples with […]