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Nissan to shut 7 factories and slash 20,000 jobs globally

Nissan slashes 15% of its global work force as the Japan automaker sinks into losses

Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping vehicle sales in China and other nations,

PA Media on MSN · 15h

Nissan to shut seven factories and slash 20,000 jobs globally

The Japanese car maker has said it will cut 11,000 more jobs than originally planned, having announced initial restructuring plans in November.

TheTruthAboutCars.com on MSN · 1d

Nissan Eying Up to 20,000 Global Job Cuts In Turnaround Effort

Nissan announced that it would ramp up U.S. production of the Rogue in response to President Trump’s tariffs on imported vehicles, but the automaker’s global operations are taking a harder hit. The company said it plans to slash around 20,

Honda and Nissan Forecast Plunges in Profit

The New York Times · 6h

Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit

Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United States.

Reuters · 13h

Nissan takes axe to costs after tough year; Honda sees profit falling

Nissan unveiled sweeping new cost cuts on Tuesday, saying it would eliminate 11,000 more jobs and slim down production, capping a tumultuous year that has left the Japanese automaker fighting to turn itself around.

The Wall Street Journal on MSN · 13h

Honda, Nissan Expect to Be Hit Hard by U.S. Tariffs

Two major Japanese automakers have warned that earnings will be hit hard by U.S. tariffs, underlining the risk of an industrywide downturn that could stunt Japan’s economic recovery.

13h

Nissan more than doubles layoffs to around 20,000

Nissan unveiled sweeping new cost cuts Tuesday, saying it would eliminate 11,000 more jobs and scale back production, capping ...

7hon MSN

Nissan to shut 7 plants, cut 20,000 jobs

Japanese automaker Nissan said it will shutter 7 plants and cut thousands of additional jobs in a second round of job cuts ...

10m

Nissan bosses announce $7 billion loss and 20,000 job cuts

The cuts will bring the total headcount loss to about 20,000 as the battered Japanese carmaker fights to keep afloat. The ...

18hon MSN

Nissan to suspend operations at some domestic plants as part of restructuring, Nikkei says

Japan's Nissan Motor has decided to suspend operations at some domestic factories as part of a business restructuring effort, ...

14hon MSN

Nissan to cut 20,000 jobs as Trump's tariffs complicate plans to escape its financial crisis

The beleaguered Japanese giant said on Tuesday it would cut 20,000 jobs and close seven factories by 2027 as it slips deeper ...

IndustryWeek1h

Nissan Posts $4.5 Billion Annual Net Loss, to Cut 20,000 Jobs

The automaker also said it would "consolidate its vehicle production plants from 17 to 10 by fiscal year 2027." ...

8hon MSN

Nissan layoffs: Company to slash another 11,000 jobs, close 7 plants

The new layoffs will bring Nissan's total workforce cuts to about 20,000 jobs. Last year, the automaker announced plans to ...

Electrek6h

Nissan pulls the plug on +$1 billion EV battery plant and more as the alarm bells go off

As it scrambles to turn things around, Nissan is scrapping plans to build a new LFP battery plant in Japan. The facility was expected to be key to reducing EV battery costs to keep up with leaders ...

15hon MSN

Nissan takes an axe to costs after tumultuous year

Nissan Motor unveiled sweeping new cost cuts on Tuesday, saying it would eliminate 11,000 more jobs and scale back production ...

MotorTrend on MSN3h

What's Going on at Nissan? Right Now, a Grind—But There's Hope on the Horizon

Initially, the brands were going to start with electric sedans, but the waning popularity of cars and continued popularity of ...

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