Nissan Announces Further 11,000 Job Cuts, Factory Closures
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Nissan announced plans to cut 11,000 more jobs globally and close seven factories. This follows a year of declining sales in major markets like China and the US, leading to significant financial losses. The additional cuts bring the total job losses to approximately 20,000 in the past year, representing 15% of its workforce. The specific locations impacted by the job cuts and factory closures remain unclear.
Nissan announced plans to cut 11,000 more jobs globally and close seven factories. This follows a year of declining sales in major markets like China and the US, leading to significant financial losses. The additional cuts bring the total job losses to approximately 20,000 in the past year, representing 15% of its workforce. The specific locations impacted by the job cuts and factory closures remain unclear.
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