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Nissan to cut 9,000 jobs globally
Nissan Is Cutting 9,000 Jobs—And Slashing Its CEO's Pay in Half
Japanese automaker Nissan reported a loss on Thursday for the fiscal quarter, leading the company to announce it is cutting 9,000 people, around 6% of its workforce. Nissan models did not sell well in the U.
Nissan to cut 9,000 jobs, reduce capacity by 20% as it faces 'severe situation'
As Nissan on Thursday reported a roughly half-billion- dollar revenue drop in 2024, the Japanese automaker said it will cut 9,000 jobs and reduce manufacturing capacity by 20%.
Nissan Slashes 9,000 Jobs, Sells Mitsubishi Shares, May Delay Some Of The 30 New Models Planned
Nissan expects some of the job cuts to come in the form of voluntary separation programs like buyouts. The company says it’s still going to build the 30 new or updated models included in its Arc plan but their timing might be delayed.
1d
Major automaker cuts 9,000 jobs, slashes CEO salary in half amid financial struggles
The automaker announced its costs-saving strategy would decrease its global production by 20%, resulting in the mass layoff, ...
13h
on MSN
Nissan Cuts CEO’s Pay in Half and Slashes 9,000 Jobs in Restructuring
Nissan Motor Co.’s struggles to cope with tougher car industry conditions and address internal weaknesses have spiraled, leaving the automaker no choice but to slash payroll, production and its ...
23h
on MSN
Nissan CEO Voluntarily Takes 50% Pay Cut As Automaker Announces Layoffs For 9,000 Workers
Nissan's CEO has announced he will slash his own salary in half as the company embarks on a major restructuring plan that ...
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