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Nissan Motor Co. Chief Executive Officer Ivan Espinosa’s first shareholder meeting will be overshadowed by tough questions ...
It offered buyouts to Canton workers after launching a job-cut plan in November and has now followed that up with another round. Analysts attributed Nissan's troubles to factors including an ...
Japanese carmaker Nissan has said it will cut another 11,000 jobs globally and shut seven factories as it shakes up the business in the face of weak sales. Falling sales in China and heavy discounting ...
Tokyo — Nissan Motor Co., which is in the process of restructuring its operations, is planning to cut about 20,000 jobs worldwide, the Japan News learned Monday. This accounts for about 15% of ...
The Japanese automaker announced broad layoffs last year and recently warned of weakened sales in the U.S. and China.
Nissan Motor Co. has said job cuts it announced as part of a broader restructuring at the company could cost an additional ¥60 billion ($418 million) this fiscal year. The estimate on expense ...
This includes the 9,000 job cuts announced earlier. In addition, Nissan will also shrink its global manufacturing footprint, reducing the number of factories from 17 to 10 over two years.
Factory Closures and Job Cuts Loom Through the Re ... or $698 million at current exchange rates. As part of its restructuring, Nissan is set to eliminate 20,000 jobs worldwide under the Re:Nissan ...
Nissan currently employs approximately 133,000 worldwide. The 10,000-job cut announcement takes the ... the automaker's first-half net income, so restructuring plans are imminent.