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According to recent reports by Reuters and Nikkei Asia, Japanese automaker Nissan may be shutting down some of its manufacturing operations in Japan and emerging markets as part of its aggressive ...
If you’ve been glancing at the hottest stories in the automotive world, odds are you already know that Nissan is in deep trouble. The Japanese automaker saw its revenue tank last year ...
Nissan on May 13 announced sweeping cuts across the company with plans to lay off another 11,000 employees and close more than a half-dozen plants across the globe. The latest cuts bring the ...
Nissan reveals plans to drastically cut costs through fiscal year 2027, aiming to close seven plants and cut 20,000 jobs, far more than planned just a short time ago. The automaker plans to reduce ...
Nissan plans to cut 20,000 jobs and consolidate global production from 17 to 10 plants by 2027 under its Re:Nissan revival plan. India to become a key export hub for Nissan through its partnership ...
Japanese carmaker Nissan has increased its planned job cuts by 11,000 as part of its recovery plan "Re-Nissan." The company now plans to slash a total of 20,000 positions by 2027. The company ...
Nissan has since faced more speed bumps -- including the 2018 arrest of former boss Carlos Ghosn, who later fled Japan concealed in an audio equipment box. Nissan plans to cut 10,000 more jobs ...
Nissan said it would cut 20,000 jobs and close seven factories on Tuesday. The Japanese automaker is mired in a financial crisis and faces a major headache from Trump's tariffs. It said tariffs ...
Nissan announced Tuesday, May 13 new cost cuts, saying it would eliminate 11,000 more jobs and close seven production plants. Nissan saw its profit significantly decrease. Operating profit totaled ...
Nissan saw its profit almost wiped out in the financial year just ended. Operating profit totaled 69.8 billion yen ($472 million) in the 12 months to March, a decline of 88% from the previous year.
Nissan had an operating loss of 215.9 billion yen in the automotive business for 2024. The company will cut workforce and close plants, aiming to reduce costs and stay afloat. Tennessee is home to ...
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