Nissan to cut jobs, reduce Mitsubishi stake

Nissan Shares Fall Further on Weak Outlook, Plans to Cut Jobs
Nissan Motor Co. shares extended their losses Monday after moves to cut thousands of jobs and slash production capacity cast doubt on Chief Executive Officer Makoto Uchida’s plans to turn around the carmaker.
Nissan to cut 9,000 jobs, reduce capacity by 20% as it faces 'severe situation'
Nissan announced on Thursday it will cut 9,000 jobs and reduce manufacturing capacity by 20% as it reported results for the first half of the 2024 fiscal year. CEO Makoto Uchida and other executives will take monthly pay cuts of 50% beginning in November,
Why is Nissan cutting jobs? Will jobs in Tennessee be affected? What to know
Nissan, which has its U.S. headquarters in Franklin, announced the company will be cutting 9,000 jobs following a challenging year. Officials have not announced if the Smyrna plant will be affected.
Nissan announces drastic job cuts and reduction in sales figures
Slowing sales in North America has been cited as one of the reasons for the reduction in workers. Nissan has announced that it will reduce its workforce by 9 000 jobs as it slashed its annual sales forecast, saying it was taking urgent measures to tackle “a severe situation”.
Nissan Cuts 9,000 Jobs Amid Declining Sales and Rising Costs
Nissan announced it will cut 9,000 jobs after experiencing a decline in sales during the most recent fiscal quarter.
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.
Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned.
Nissan to cut jobs, reduce Mitsubishi stake as profits evaporate
Things are not rosy at Nissan, with the automaker hoping job cuts and asset sales will bring the company back to profit.
Nissan shares slump after it announces 9,000 job cuts and a plan to slash production
Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a ...
What's Nissan's plan to stay in the game after 9,000 layoffs and CEO pay cut?
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and ...
‘So much better’: Driver swaps Nissan for Mazda, then returns to Nissan. Why?
Someone could trade in a Rolls Royce for a Nissan Sentra and this dude would still say what they upgraded to.' ...
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 ...
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Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'
Nissan Motor Company announced it will be "taking urgent measures" to turnaround its business model after results from the ...
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First Drive Review: 2025 Nissan Rogue Rock Creek
Off-road vehicles aren't what they used to be. Turning a standard two-row Nissan Rogue SUV into the Rock Creek version isn't about adding heavy-duty axles, a long-travel suspension or skid plates.
Nissan parks 9,000 jobs to steer through crisis
Nissan has announced a major restructuring plan in response to mounting financial losses, including the elimination of 9,000 jobs from its global workforce and a 20% reduction in production capacity.
Nissan to lay off thousands of workers as sales drop
Nissan has said it will lay off thousands of workers as it slashes global production to tackle a drop in sales in China and ...